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

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

Citizens Community Bancorp Trading Up 3.1 %

Shares of NASDAQ:CZWI opened at $16.10 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12. The company’s 50-day moving average price is $14.26 and its 200 day moving average price is $12.84. The company has a market cap of $161.48 million, a PE ratio of 11.42 and a beta of 1.06. Citizens Community Bancorp has a fifty-two week low of $10.14 and a fifty-two week high of $16.19.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings results on Monday, October 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.05. The company had revenue of $25.43 million during the quarter, compared to analysts’ expectations of $14.00 million. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. Sell-side analysts anticipate that Citizens Community Bancorp will post 1.34 earnings per share for the current year.

Hedge Funds Weigh In On Citizens Community Bancorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CZWI. Vanguard Group Inc. boosted its stake in 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 in the last quarter. O Shaughnessy Asset Management LLC acquired a new position in shares of Citizens Community Bancorp in the 1st quarter worth $236,000. Dimensional Fund Advisors LP boosted its position in shares of Citizens Community Bancorp by 1.1% in the 2nd 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 period. Commonwealth Equity Services LLC raised its holdings in 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 period. Finally, Acadian Asset Management LLC lifted its position in shares of Citizens Community Bancorp by 25.0% in the 2nd quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock valued at $554,000 after acquiring an additional 9,615 shares in the last quarter. 55.11% of the stock is 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.