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

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

Citizens Community Bancorp Trading Up 1.1 %

Shares of Citizens Community Bancorp stock opened at $16.06 on Wednesday. The company has a 50-day moving average of $16.10 and a two-hundred day moving average of $14.22. Citizens Community Bancorp has a 12-month low of $10.14 and a 12-month high of $17.04. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The stock has a market cap of $161.08 million, a PE ratio of 11.39 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 firm had revenue of $25.43 million during the quarter, compared to the consensus estimate of $14.00 million. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. On average, research analysts anticipate that Citizens Community Bancorp will post 1.34 EPS for the current fiscal year.

Institutional Investors Weigh In On Citizens Community Bancorp

Large investors have recently added to or reduced their stakes in the business. Ritholtz Wealth Management acquired a new position in Citizens Community Bancorp during the fourth quarter worth about $240,000. Barclays PLC acquired a new position in shares of Citizens Community Bancorp during the 3rd quarter worth approximately $48,000. Geode Capital Management LLC raised its position in shares of Citizens Community Bancorp by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock worth $1,476,000 after purchasing an additional 1,732 shares during the last quarter. Fourthstone LLC purchased a new position in Citizens Community Bancorp during the third quarter worth $1,520,000. Finally, Empowered Funds LLC increased its position 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 in the last quarter. 55.11% of the stock is owned by institutional investors and hedge funds.

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.