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

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

Citizens Community Bancorp Stock Performance

Shares of Citizens Community Bancorp stock opened at $15.21 on Thursday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12. The stock’s fifty day moving average is $14.06 and its two-hundred day moving average is $12.67. Citizens Community Bancorp has a 52 week low of $10.14 and a 52 week high of $15.21. The company has a market capitalization of $152.56 million, a PE ratio of 10.79 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 EPS for the quarter, topping the consensus estimate of $0.27 by $0.05. The company had revenue of $25.43 million for the quarter, compared to the consensus estimate of $14.00 million. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. As a group, analysts expect that Citizens Community Bancorp will post 1.34 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CZWI. Barclays PLC purchased a new stake in shares of Citizens Community Bancorp in the 3rd quarter worth $48,000. Fourthstone LLC bought a new stake in shares of Citizens Community Bancorp in the third quarter valued at about $1,520,000. Empowered Funds LLC lifted its stake in Citizens Community Bancorp by 5.3% in the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock worth $825,000 after acquiring an additional 2,948 shares during the period. Dimensional Fund Advisors LP grew its holdings in Citizens Community Bancorp by 1.1% during the 2nd 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 in the last quarter. Finally, Acadian Asset Management LLC increased its position in Citizens Community Bancorp by 25.0% during the 2nd quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock valued at $554,000 after purchasing an additional 9,615 shares during the period. Institutional investors 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.