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

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

Citizens Community Bancorp Stock Performance

CZWI stock traded up $0.15 during trading hours on Thursday, hitting $15.15. 13,552 shares of the stock were exchanged, compared to its average volume of 16,429. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $151.95 million, a P/E ratio of 10.64 and a beta of 1.06. The company has a 50-day simple moving average of $14.02 and a two-hundred day simple moving average of $12.64. Citizens Community Bancorp has a 12 month low of $10.14 and a 12 month high of $15.15.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its quarterly earnings data on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.05. The firm had revenue of $25.43 million for 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%. On average, analysts forecast that Citizens Community Bancorp will post 1.34 earnings per share for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

Several large investors have recently modified their holdings of CZWI. Commonwealth Equity Services LLC boosted its stake in Citizens Community Bancorp by 10.4% in the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after buying an additional 2,000 shares in the last quarter. Empowered Funds LLC raised its position in Citizens Community Bancorp by 5.3% in the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock valued at $825,000 after purchasing an additional 2,948 shares during the last quarter. Dimensional Fund Advisors LP raised its position 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 valued at $3,248,000 after purchasing an additional 2,986 shares during the last quarter. Acadian Asset Management LLC raised its position 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 valued at $554,000 after purchasing an additional 9,615 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC bought a new position in shares of Citizens Community Bancorp during the first quarter worth about $236,000. 55.11% of the stock is owned by institutional investors and hedge funds.

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.