Citizens Community Bancorp (NASDAQ:CZWI) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research note issued to investors on Sunday. The firm issued a hold rating on the bank’s stock.

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

Citizens Community Bancorp Stock Up 0.7 %

CZWI stock opened at $11.45 on Friday. The firm has a 50 day moving average of $11.15 and a 200 day moving average of $11.54. The stock has a market capitalization of $119.19 million, a PE ratio of 8.88 and a beta of 1.03. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.23. Citizens Community Bancorp has a 52 week low of $8.47 and a 52 week high of $12.61.

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

Institutional Investors Weigh In On Citizens Community Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in CZWI. O Shaughnessy Asset Management LLC purchased a new stake in Citizens Community Bancorp in the 1st quarter worth $236,000. Acadian Asset Management LLC grew its holdings in shares of Citizens Community Bancorp by 37.3% during the first 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. Empowered Funds LLC grew its holdings in shares of 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 buying an additional 3,850 shares in the last quarter. Gendell Jeffrey L boosted its position 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 valued at $3,049,000 after acquiring an additional 20,000 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of 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 acquiring an additional 461,594 shares during the last quarter. Hedge funds and other institutional investors own 55.11% of the company’s stock.

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.