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

Research analysts at StockNews.com initiated coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research report issued on Friday. The firm set a “hold” rating on the bank’s stock.

Citizens Community Bancorp Price Performance

Citizens Community Bancorp stock opened at $14.10 on Friday. The company has a fifty day simple moving average of $13.13 and a 200-day simple moving average of $12.03. The firm has a market capitalization of $146.72 million, a price-to-earnings ratio of 10.93 and a beta of 1.06. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.18. Citizens Community Bancorp has a 52-week low of $8.47 and a 52-week high of $14.15.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings data on Monday, July 29th. The bank reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.09. Citizens Community Bancorp had a net margin of 14.07% and a return on equity of 8.37%. The company had revenue of $13.49 million during the quarter, compared to analysts’ expectations of $13.80 million. On average, equities analysts anticipate that Citizens Community Bancorp will post 1.3 EPS for the current fiscal year.

Hedge Funds Weigh In On Citizens Community Bancorp

Institutional investors have recently added to or reduced their stakes in the stock. O Shaughnessy Asset Management LLC purchased a new stake in shares of Citizens Community Bancorp in the first quarter valued at about $236,000. Commonwealth Equity Services LLC increased its holdings in shares of Citizens Community Bancorp by 10.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock worth $246,000 after buying an additional 2,000 shares during the last quarter. Acadian Asset Management LLC increased 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 during the last quarter. Empowered Funds LLC increased its stake in Citizens Community Bancorp by 8.1% during the first quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock worth $624,000 after acquiring an additional 3,850 shares during the last quarter. Finally, Gendell Jeffrey L raised its position in Citizens Community Bancorp by 8.7% in the first quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock valued at $3,049,000 after purchasing an additional 20,000 shares during the period. Hedge funds and other institutional investors 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.