Citizens Community Bancorp (NASDAQ:CZWI) Now Covered by StockNews.com

Investment analysts at StockNews.com started coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a report issued on Saturday. The brokerage set a “hold” rating on the bank’s stock.

Separately, Hovde Group raised shares of Citizens Community Bancorp from a “market perform” rating to an “outperform” rating in a research report on Monday, March 4th.

Citizens Community Bancorp Stock Performance

Citizens Community Bancorp stock opened at $11.70 on Friday. The business has a 50 day moving average of $11.14 and a 200-day moving average of $11.51. Citizens Community Bancorp has a 1 year low of $8.47 and a 1 year high of $12.61. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.96 and a quick ratio of 0.96. The company has a market capitalization of $121.80 million, a P/E ratio of 9.07 and a beta of 1.03.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, April 29th. The bank reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.13. The company had revenue of $25.94 million during the quarter, compared to the consensus estimate of $13.90 million. Citizens Community Bancorp had a return on equity of 8.14% and a net margin of 13.69%. On average, equities research analysts predict that Citizens Community Bancorp will post 1.22 earnings per share for the current year.

Institutional Trading of Citizens Community Bancorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CZWI. Vanguard Group Inc. increased its position in Citizens Community Bancorp by 309.5% during the 1st quarter. Vanguard Group Inc. now owns 610,734 shares of the bank’s stock valued at $7,420,000 after purchasing an additional 461,594 shares during the period. Gendell Jeffrey L boosted its holdings in shares of Citizens Community Bancorp by 8.7% during the 1st quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock worth $3,049,000 after buying an additional 20,000 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new position in shares of Citizens Community Bancorp during the 1st quarter worth approximately $236,000. Acadian Asset Management LLC boosted its holdings in shares of Citizens Community Bancorp by 37.3% during the 1st quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock worth $465,000 after buying an additional 10,445 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of Citizens Community Bancorp by 8.1% during the 1st quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock worth $624,000 after buying an additional 3,850 shares in the last quarter. Institutional investors and hedge funds own 55.11% of the company’s stock.

About Citizens Community Bancorp

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.