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

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

Citizens Community Bancorp Stock Performance

Shares of NASDAQ:CZWI opened at $13.85 on Monday. The firm’s 50 day simple moving average is $13.58 and its 200-day simple moving average is $12.23. The firm has a market cap of $144.12 million, a PE ratio of 10.74 and a beta of 1.06. Citizens Community Bancorp has a one year low of $8.47 and a one year high of $14.22. 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 issued its earnings results on Monday, July 29th. The bank reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.09. The business had revenue of $13.49 million during the quarter, compared to analysts’ expectations of $13.80 million. Citizens Community Bancorp had a return on equity of 8.37% and a net margin of 14.07%. As a group, equities analysts predict that Citizens Community Bancorp will post 1.3 EPS for the current year.

Hedge Funds Weigh In On Citizens Community Bancorp

Large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its position in Citizens Community Bancorp by 1.1% during the second quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock valued at $3,248,000 after purchasing an additional 2,986 shares in the last quarter. Acadian Asset Management LLC grew its stake 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 buying an additional 9,615 shares during the last quarter. Commonwealth Equity Services LLC increased its position 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 buying an additional 2,000 shares in the last quarter. Gendell Jeffrey L raised 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 buying an additional 20,000 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC purchased a new stake in Citizens Community Bancorp in the first quarter valued at about $236,000. Institutional investors own 55.11% of the company’s stock.

About Citizens Community Bancorp

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.