Citizens Community Bancorp (NASDAQ:CZWI) Coverage Initiated at StockNews.com

Research analysts at StockNews.com began coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the bank’s stock.

Citizens Community Bancorp Stock Performance

NASDAQ CZWI opened at $14.06 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $146.31 million, a P/E ratio of 10.90 and a beta of 1.06. The firm has a 50-day moving average price of $13.44 and a two-hundred day moving average price of $12.17. Citizens Community Bancorp has a 12-month low of $8.47 and a 12-month high of $14.18.

Citizens Community Bancorp (NASDAQ:CZWI) last released its earnings results on Monday, July 29th. The bank reported $0.36 EPS for the quarter, beating the consensus estimate of $0.27 by $0.09. The firm had revenue of $13.49 million for the quarter, compared to analyst estimates of $13.80 million. Citizens Community Bancorp had a net margin of 14.07% and a return on equity of 8.37%. Analysts anticipate that Citizens Community Bancorp will post 1.3 earnings per share for the current year.

Institutional Trading of Citizens Community Bancorp

Several institutional investors and hedge funds have recently modified their holdings of CZWI. Empowered Funds LLC raised 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 in the last quarter. Vanguard Group Inc. boosted its stake in shares of Citizens Community Bancorp by 309.5% during the first 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 in the last quarter. Acadian Asset Management LLC boosted its stake 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 valued at $465,000 after purchasing an additional 10,445 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new position in Citizens Community Bancorp in the 1st quarter valued at approximately $236,000. Finally, Gendell Jeffrey L grew its stake in shares of Citizens Community Bancorp by 8.7% in the first quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock worth $3,049,000 after purchasing an additional 20,000 shares during the last quarter. 55.11% of the stock is currently owned by institutional investors.

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.