Citizens Community Bancorp (NASDAQ:CZWI) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research note published on Wednesday morning. The brokerage issued a hold rating on the bank’s stock.

Citizens Community Bancorp Trading Down 0.3 %

Shares of CZWI traded down $0.04 during mid-day trading on Wednesday, reaching $14.40. The company had a trading volume of 118,562 shares, compared to its average volume of 16,025. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.18. The stock has a market cap of $144.49 million, a price-to-earnings ratio of 10.21 and a beta of 1.06. The firm has a fifty day simple moving average of $13.92 and a 200-day simple moving average of $12.53. Citizens Community Bancorp has a fifty-two week low of $9.48 and a fifty-two week high of $14.59.

Citizens Community Bancorp (NASDAQ:CZWI) last released its earnings results on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.05. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.72%. The company had revenue of $25.43 million during the quarter, compared to the consensus estimate of $14.00 million. On average, sell-side analysts anticipate that Citizens Community Bancorp will post 1.3 EPS for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

A number of institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC lifted its stake in Citizens Community Bancorp by 5.3% during the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock valued at $825,000 after purchasing an additional 2,948 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Citizens Community Bancorp by 1.1% during the second quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock valued at $3,248,000 after purchasing an additional 2,986 shares during the last quarter. Acadian Asset Management LLC lifted its stake in Citizens Community Bancorp by 25.0% during the second quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock valued at $554,000 after purchasing an additional 9,615 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Citizens Community Bancorp by 10.4% during the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Gendell Jeffrey L lifted its stake in Citizens Community Bancorp by 8.7% during 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 last quarter. 55.11% of the stock is owned by institutional investors and hedge funds.

Citizens Community Bancorp Company Profile

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.