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

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

Citizens Community Bancorp Price Performance

CZWI stock opened at $14.18 on Friday. The stock has a market capitalization of $147.56 million, a price-to-earnings ratio of 10.99 and a beta of 1.06. The stock’s fifty day simple moving average is $13.52 and its 200-day simple moving average is $12.19. Citizens Community Bancorp has a 52-week low of $8.47 and a 52-week high of $14.19. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.18.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings results on Monday, July 29th. The bank reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.09. The company 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%. Equities research analysts expect that Citizens Community Bancorp will post 1.3 EPS for the current year.

Institutional Investors Weigh In On Citizens Community Bancorp

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in Citizens Community Bancorp by 309.5% in the 1st 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. O Shaughnessy Asset Management LLC purchased a new stake in shares of Citizens Community Bancorp during the 1st quarter valued at about $236,000. Dimensional Fund Advisors LP lifted its position in Citizens Community Bancorp by 1.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock worth $3,248,000 after acquiring an additional 2,986 shares in the last quarter. Empowered Funds LLC boosted its holdings in Citizens Community Bancorp by 8.1% in the 1st quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock worth $624,000 after acquiring an additional 3,850 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in Citizens Community Bancorp by 10.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock worth $246,000 after acquiring an additional 2,000 shares during the period. 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.