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 report published on Thursday. The firm issued a hold rating on the bank’s stock.

Citizens Community Bancorp Stock Up 0.7 %

CZWI stock opened at $13.91 on Thursday. The stock has a market cap of $144.75 million, a P/E ratio of 10.78 and a beta of 1.06. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.18. Citizens Community Bancorp has a twelve month low of $8.47 and a twelve month high of $13.91. The company’s 50 day moving average is $12.94 and its two-hundred day moving average is $11.96.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly 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. The firm had revenue of $13.49 million during the quarter, compared to analysts’ expectations of $13.80 million. Citizens Community Bancorp had a net margin of 14.07% and a return on equity of 8.37%. Research analysts expect that Citizens Community Bancorp will post 1.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CZWI. Dimensional Fund Advisors LP grew its position in shares of Citizens Community Bancorp by 1.1% during the second quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock worth $3,248,000 after acquiring an additional 2,986 shares during the last quarter. Acadian Asset Management LLC grew its position 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 worth $554,000 after purchasing an additional 9,615 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in 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 purchasing an additional 2,000 shares during the period. Gendell Jeffrey L increased its stake in 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 during the period. Finally, O Shaughnessy Asset Management LLC acquired a new stake in shares of Citizens Community Bancorp during the first quarter worth about $236,000. 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.