StockNews.com Begins Coverage on Citizens Community Bancorp (NASDAQ:CZWI)

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

Citizens Community Bancorp Price Performance

Shares of NASDAQ:CZWI opened at $11.95 on Friday. The stock has a market cap of $124.35 million, a PE ratio of 9.26 and a beta of 1.06. The company’s fifty day moving average is $11.71 and its 200 day moving average is $11.66. Citizens Community Bancorp has a 52 week low of $8.47 and a 52 week high of $13.34. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.23.

Hedge Funds Weigh In On Citizens Community Bancorp

A number of large investors have recently added to or reduced their stakes in CZWI. Vanguard Group Inc. raised its position in Citizens Community Bancorp by 309.5% in the 1st quarter. Vanguard Group Inc. now owns 610,734 shares of the bank’s stock worth $7,420,000 after purchasing an additional 461,594 shares during the period. Gendell Jeffrey L raised its position in Citizens Community Bancorp by 8.7% in the 1st quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock worth $3,049,000 after purchasing an additional 20,000 shares during the period. O Shaughnessy Asset Management LLC purchased a new position in Citizens Community Bancorp in the 1st quarter worth $236,000. Acadian Asset Management LLC increased its position in shares of Citizens Community Bancorp by 37.3% in the first quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock valued at $465,000 after acquiring an additional 10,445 shares during the period. Finally, Empowered Funds LLC increased its position in shares of Citizens Community Bancorp by 8.1% in the first quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock valued at $624,000 after acquiring an additional 3,850 shares during the period. Hedge funds and other institutional investors 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.