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

StockNews.com began coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research report released on Monday morning. The brokerage issued a hold rating on the bank’s stock.

Citizens Community Bancorp Stock Down 0.8 %

Citizens Community Bancorp stock opened at $14.03 on Monday. The business has a fifty day moving average price of $13.69 and a 200-day moving average price of $12.27. Citizens Community Bancorp has a 1-year low of $8.47 and a 1-year high of $14.25. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market capitalization of $146.00 million, a price-to-earnings ratio of 10.88 and a beta of 1.06.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings results on Monday, July 29th. The bank reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.09. Citizens Community Bancorp had a return on equity of 8.37% and a net margin of 14.07%. The company had revenue of $13.49 million during the quarter, compared to analysts’ expectations of $13.80 million. Equities research analysts forecast 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 and hedge funds have recently added to or reduced their stakes in CZWI. Vanguard Group Inc. raised its stake 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 buying an additional 461,594 shares during the last quarter. Gendell Jeffrey L raised its stake 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 buying an additional 20,000 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new position in shares of Citizens Community Bancorp during the 1st quarter valued at about $236,000. Acadian Asset Management LLC raised its stake in shares of Citizens Community Bancorp by 37.3% during the 1st quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock valued at $465,000 after buying an additional 10,445 shares during the last quarter. Finally, Empowered Funds LLC raised its stake in shares of Citizens Community Bancorp by 8.1% during the 1st quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock valued at $624,000 after buying an additional 3,850 shares during the last quarter. Institutional investors and hedge funds own 55.11% of the company’s stock.

About Citizens Community Bancorp

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.