Citizens Community Bancorp (NASDAQ:CZWI) Earns Hold Rating from Analysts at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research note issued to investors on Tuesday. The brokerage set a “hold” rating on the bank’s stock.

Citizens Community Bancorp Price Performance

Citizens Community Bancorp stock opened at $13.40 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.18. The company has a fifty day simple moving average of $12.34 and a 200-day simple moving average of $11.80. The stock has a market cap of $139.44 million, a P/E ratio of 10.39 and a beta of 1.06. Citizens Community Bancorp has a 12-month low of $8.47 and a 12-month high of $13.59.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, July 29th. The bank reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.09. The company had revenue of $13.49 million for 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%. Equities analysts expect that Citizens Community Bancorp will post 1.3 EPS for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Citizens Community Bancorp by 309.5% during 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. Dimensional Fund Advisors LP increased its stake 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 period. Gendell Jeffrey L raised its holdings in Citizens Community Bancorp by 8.7% during the first quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock worth $3,049,000 after purchasing an additional 20,000 shares in the last quarter. Empowered Funds LLC raised its holdings in Citizens Community Bancorp by 8.1% during the first quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock worth $624,000 after purchasing an additional 3,850 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its position in Citizens Community Bancorp by 25.0% in the second quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock valued at $554,000 after purchasing an additional 9,615 shares during the period. 55.11% of the stock is owned by hedge funds and other 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.