Citizens Community Bancorp (NASDAQ:CZWI) Cut to “Hold” at StockNews.com

StockNews.com lowered shares of Citizens Community Bancorp (NASDAQ:CZWI) from a buy rating to a hold rating in a research note released on Thursday.

Citizens Community Bancorp Price Performance

NASDAQ CZWI opened at $16.39 on Thursday. 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 stock has a market capitalization of $164.46 million, a PE ratio of 11.62 and a beta of 1.08. Citizens Community Bancorp has a 12-month low of $10.14 and a 12-month high of $17.04. The company has a 50 day moving average price of $15.28 and a two-hundred day moving average price of $13.52.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its earnings results 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. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. The firm had revenue of $25.43 million during the quarter, compared to analyst estimates of $14.00 million. As a group, equities analysts predict that Citizens Community Bancorp will post 1.34 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Barclays PLC bought a new position in shares of Citizens Community Bancorp in the third quarter worth about $48,000. Commonwealth Equity Services LLC lifted its holdings in shares of Citizens Community Bancorp by 10.4% during the second 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 last quarter. Acadian Asset Management LLC raised its stake in Citizens Community Bancorp by 25.0% during the 2nd 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. Empowered Funds LLC boosted its holdings in Citizens Community Bancorp by 5.3% in the 3rd 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 period. Finally, Geode Capital Management LLC grew its position in Citizens Community Bancorp by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock worth $1,476,000 after purchasing an additional 1,732 shares during the last quarter. Institutional investors and hedge funds 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.