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

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

Citizens Community Bancorp Price Performance

Shares of NASDAQ:CZWI opened at $12.90 on Friday. Citizens Community Bancorp has a 1-year low of $8.47 and a 1-year high of $13.34. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. The stock has a market cap of $134.24 million, a PE ratio of 10.00 and a beta of 1.06. The stock’s fifty day simple moving average is $11.90 and its two-hundred day simple moving average is $11.69.

Institutional Investors Weigh In On Citizens Community Bancorp

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Citizens Community Bancorp by 309.5% in the 1st quarter. Vanguard Group Inc. now owns 610,734 shares of the bank’s stock worth $7,420,000 after buying an additional 461,594 shares during the last quarter. Gendell Jeffrey L increased its position in shares of Citizens Community Bancorp by 8.7% during the first quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock valued at $3,049,000 after acquiring an additional 20,000 shares during the last quarter. O Shaughnessy Asset Management LLC bought a new stake in Citizens Community Bancorp during the first quarter worth $236,000. Acadian Asset Management LLC boosted its position in Citizens Community Bancorp by 37.3% in the first quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock worth $465,000 after purchasing an additional 10,445 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in Citizens Community Bancorp by 8.1% in the 1st quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock valued at $624,000 after purchasing an additional 3,850 shares during the period. 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.