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

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

Citizens Community Bancorp Trading Up 0.1 %

Shares of CZWI opened at $14.20 on Monday. The stock’s 50-day moving average is $13.58 and its two-hundred day moving average is $12.22. The stock has a market cap of $147.77 million, a PE ratio of 11.01 and a beta of 1.06. Citizens Community Bancorp has a 12 month low of $8.47 and a 12 month high of $14.22. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.95 and a quick ratio of 0.95.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings data on Monday, July 29th. The bank reported $0.36 EPS 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 return on equity of 8.37% and a net margin of 14.07%. Equities analysts forecast that Citizens Community Bancorp will post 1.3 earnings per share for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its position 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 last quarter. Acadian Asset Management LLC increased its position in shares of Citizens Community Bancorp by 25.0% during 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 during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Citizens Community Bancorp by 10.4% during 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 during the last quarter. Gendell Jeffrey L increased its position in shares of 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 acquiring an additional 20,000 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC purchased a new stake in shares of Citizens Community Bancorp during the first quarter worth about $236,000. 55.11% of the stock is 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.