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

StockNews.com initiated coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research report released on Friday morning. The firm issued a buy rating on the bank’s stock.

Citizens Community Bancorp Stock Up 3.1 %

Citizens Community Bancorp stock opened at $16.10 on Friday. The company has a market capitalization of $161.48 million, a PE ratio of 11.42 and a beta of 1.06. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95. Citizens Community Bancorp has a fifty-two week low of $10.14 and a fifty-two week high of $16.19. The firm has a 50 day moving average price of $14.20 and a 200 day moving average price of $12.79.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings data on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The business had revenue of $25.43 million during the quarter, compared to analysts’ expectations of $14.00 million. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. Research analysts expect that Citizens Community Bancorp will post 1.34 earnings per share for the current year.

Institutional Trading of Citizens Community Bancorp

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Citizens Community Bancorp by 309.5% in the first quarter. Vanguard Group Inc. now owns 610,734 shares of the bank’s stock valued at $7,420,000 after purchasing an additional 461,594 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new stake in Citizens Community Bancorp during the 1st quarter worth approximately $236,000. Dimensional Fund Advisors LP boosted its position in Citizens Community Bancorp by 1.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock valued at $3,248,000 after buying an additional 2,986 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of Citizens Community Bancorp by 10.4% in the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock worth $246,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Acadian Asset Management LLC grew its stake in shares of Citizens Community Bancorp by 25.0% in the second quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock worth $554,000 after acquiring an additional 9,615 shares in the last quarter. 55.11% of the stock is currently owned by hedge funds and other 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.