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

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

Citizens Community Bancorp Trading Up 0.4 %

CZWI opened at $14.18 on Tuesday. The stock has a market cap of $147.56 million, a price-to-earnings ratio of 10.99 and a beta of 1.06. The stock’s 50 day moving average price is $13.76 and its 200-day moving average price is $12.34. Citizens Community Bancorp has a one year low of $8.60 and a one year high of $14.25. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.95 and a current ratio of 0.95.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew 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 buying an additional 461,594 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Citizens Community Bancorp by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock worth $3,248,000 after purchasing an additional 2,986 shares in the last quarter. Gendell Jeffrey L grew its stake in 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 in the last quarter. Empowered Funds LLC grew its stake in Citizens Community Bancorp by 8.1% in the first quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock worth $624,000 after purchasing an additional 3,850 shares in the last quarter. Finally, Acadian Asset Management LLC grew its stake in Citizens Community Bancorp by 25.0% in the second quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock worth $554,000 after purchasing an additional 9,615 shares in the last quarter. 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.