Citizens Community Bancorp (NASDAQ:CZWI) Downgraded to “Hold” Rating by StockNews.com

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

Citizens Community Bancorp Trading Up 0.9 %

Shares of CZWI stock opened at $16.09 on Thursday. Citizens Community Bancorp has a fifty-two week low of $10.14 and a fifty-two week high of $17.04. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a 50 day simple moving average of $16.21 and a two-hundred day simple moving average of $14.35. The company has a market cap of $161.38 million, a P/E ratio of 11.41 and a beta of 1.08.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.05. The company had revenue of $25.43 million during the quarter, compared to analyst estimates of $14.00 million. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. Research analysts forecast that Citizens Community Bancorp will post 1.34 earnings per share for the current year.

Institutional Trading of Citizens Community Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC acquired a new stake in Citizens Community Bancorp in the third quarter valued at approximately $48,000. Ritholtz Wealth Management acquired a new stake in Citizens Community Bancorp in the 4th quarter valued at $240,000. Commonwealth Equity Services LLC increased its stake in Citizens Community Bancorp by 10.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after purchasing an additional 2,000 shares in the last quarter. Empowered Funds LLC raised its holdings in Citizens Community Bancorp by 5.3% during the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock worth $825,000 after buying an additional 2,948 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Citizens Community Bancorp by 1.7% in the third quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock valued at $1,476,000 after buying an additional 1,732 shares in the last quarter. 55.11% of the stock is owned by institutional investors.

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.