Citizens Community Bancorp (NASDAQ:CZWI) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a report issued on Friday. The brokerage set a “buy” rating on the bank’s stock.

Citizens Community Bancorp Stock Performance

NASDAQ CZWI opened at $15.62 on Friday. 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 firm’s fifty day moving average price is $14.20 and its two-hundred day moving average price is $12.79. Citizens Community Bancorp has a 1 year low of $10.14 and a 1 year high of $15.68. The firm has a market capitalization of $156.67 million, a P/E ratio of 11.08 and a beta of 1.06.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its quarterly earnings results on Monday, October 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.05. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. The firm had revenue of $25.43 million for the quarter, compared to analyst estimates of $14.00 million. As a group, research analysts anticipate that Citizens Community Bancorp will post 1.34 EPS for the current year.

Institutional Trading of Citizens Community Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Barclays PLC bought a new position in Citizens Community Bancorp during the third quarter worth about $48,000. O Shaughnessy Asset Management LLC bought a new position in Citizens Community Bancorp during the 1st quarter worth approximately $236,000. Commonwealth Equity Services LLC increased its stake in shares of Citizens Community Bancorp by 10.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after acquiring an additional 2,000 shares in the last quarter. Acadian Asset Management LLC increased its stake in shares of Citizens Community Bancorp by 37.3% in the 1st quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock valued at $465,000 after acquiring an additional 10,445 shares in the last quarter. Finally, Empowered Funds LLC grew its position in Citizens Community Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock valued at $825,000 after purchasing an additional 2,948 shares during the period. 55.11% of the stock is owned by institutional investors.

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.