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

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

Citizens Community Bancorp Price Performance

Citizens Community Bancorp stock opened at $14.03 on Tuesday. The company has a market cap of $144.51 million, a P/E ratio of 9.95 and a beta of 1.06. Citizens Community Bancorp has a one year low of $9.00 and a one year high of $14.25. The business has a fifty day moving average of $13.83 and a two-hundred day moving average of $12.40. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.95 and a current ratio of 0.95.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings results on Monday, October 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The business had revenue of $25.43 million during the quarter, compared to the consensus estimate of $14.00 million. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.72%. As a group, analysts predict that Citizens Community Bancorp will post 1.3 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Citizens Community Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the company. O Shaughnessy Asset Management LLC purchased a new position in shares of Citizens Community Bancorp in the first quarter valued at $236,000. Commonwealth Equity Services LLC grew its stake 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 valued at $246,000 after acquiring an additional 2,000 shares during the last quarter. Acadian Asset Management LLC increased its holdings in Citizens Community Bancorp by 37.3% during the 1st 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 in the last quarter. Empowered Funds LLC raised its position in Citizens Community Bancorp by 8.1% during the first 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 last quarter. Finally, Gendell Jeffrey L lifted its holdings in shares of Citizens Community Bancorp by 8.7% in the first quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock valued at $3,049,000 after purchasing an additional 20,000 shares in the last quarter. 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.