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

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

Citizens Community Bancorp Stock Down 0.2 %

Shares of NASDAQ CZWI opened at $14.15 on Friday. Citizens Community Bancorp has a 52-week low of $8.47 and a 52-week high of $14.18. The stock has a market cap of $147.24 million, a PE ratio of 10.97 and a beta of 1.06. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.95 and a current ratio of 0.95. The business has a fifty day moving average of $13.40 and a two-hundred day moving average of $12.15.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its 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. 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 analyst estimates of $13.80 million. As a group, equities research analysts expect that Citizens Community Bancorp will post 1.3 earnings per share for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC increased its stake in shares of 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. Dimensional Fund Advisors LP increased 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 worth $3,248,000 after purchasing an additional 2,986 shares during the period. Empowered Funds LLC increased its position in Citizens Community Bancorp by 8.1% in the first quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock worth $624,000 after purchasing an additional 3,850 shares during the period. Acadian Asset Management LLC increased 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 worth $554,000 after purchasing an additional 9,615 shares during the period. Finally, O Shaughnessy Asset Management LLC acquired a new stake in Citizens Community Bancorp in the first quarter worth about $236,000. 55.11% of the stock is currently 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.