Citizens Community Bancorp (NASDAQ:CZWI) Upgraded at StockNews.com

StockNews.com upgraded shares of Citizens Community Bancorp (NASDAQ:CZWI) from a hold rating to a buy rating in a research note released on Monday.

Citizens Community Bancorp Price Performance

NASDAQ CZWI opened at $14.68 on Monday. The stock’s 50-day moving average price is $15.36 and its two-hundred day moving average price is $15.10. 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 company has a market cap of $147.30 million, a PE ratio of 11.04 and a beta of 1.12. Citizens Community Bancorp has a 1 year low of $10.14 and a 1 year high of $17.04.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its quarterly earnings data on Monday, January 27th. The bank reported $0.27 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.27. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. On average, analysts predict that Citizens Community Bancorp will post 1.31 EPS for the current year.

Citizens Community Bancorp Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $0.36 per share. This represents a yield of 2%. The ex-dividend date was Friday, February 7th. This is an increase from Citizens Community Bancorp’s previous annual dividend of $0.32. Citizens Community Bancorp’s payout ratio is presently 27.07%.

Hedge Funds Weigh In On Citizens Community Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its stake in Citizens Community Bancorp by 5.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 300,796 shares of the bank’s stock valued at $4,900,000 after acquiring an additional 14,367 shares in the last quarter. Fourthstone LLC grew its stake in Citizens Community Bancorp by 145.8% during the 4th quarter. Fourthstone LLC now owns 263,742 shares of the bank’s stock valued at $4,296,000 after acquiring an additional 156,461 shares in the last quarter. Geode Capital Management LLC grew its stake in Citizens Community Bancorp by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock valued at $1,476,000 after acquiring an additional 1,732 shares in the last quarter. Susquehanna International Group LLP purchased a new position in Citizens Community Bancorp during the 4th quarter valued at about $1,534,000. Finally, RFG Bristol Wealth Advisors LLC purchased a new position in Citizens Community Bancorp during the 4th quarter valued at about $1,449,000. Hedge funds and other institutional investors own 55.11% of the company’s stock.

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.