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

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

Citizens Community Bancorp Price Performance

NASDAQ CZWI opened at $11.70 on Tuesday. Citizens Community Bancorp has a twelve month low of $8.47 and a twelve month high of $12.61. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a market capitalization of $121.80 million, a PE ratio of 9.07 and a beta of 1.06. The stock has a 50-day simple moving average of $11.33 and a 200 day simple moving average of $11.55.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its quarterly earnings data on Monday, April 29th. The bank reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.13. The business had revenue of $25.94 million during the quarter, compared to analysts’ expectations of $13.90 million. Citizens Community Bancorp had a return on equity of 8.14% and a net margin of 13.69%. Research analysts anticipate that Citizens Community Bancorp will post 1.22 EPS for the current year.

Hedge Funds Weigh In On Citizens Community Bancorp

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Citizens Community Bancorp by 309.5% in the 1st quarter. Vanguard Group Inc. now owns 610,734 shares of the bank’s stock valued at $7,420,000 after acquiring an additional 461,594 shares in the last quarter. Gendell Jeffrey L grew its stake in shares of Citizens Community Bancorp by 8.7% in the 1st quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock valued at $3,049,000 after purchasing an additional 20,000 shares during the period. Empowered Funds LLC grew its stake in shares of 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. Acadian Asset Management LLC grew 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 purchasing an additional 10,445 shares during the period. Finally, O Shaughnessy Asset Management LLC bought a new stake in shares of Citizens Community Bancorp in the 1st quarter valued at approximately $236,000. Institutional investors and hedge funds own 55.11% of the company’s stock.

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.