Citizens Community Bancorp (NASDAQ:CZWI) Stock Rating Lowered by StockNews.com

Citizens Community Bancorp (NASDAQ:CZWI) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

Citizens Community Bancorp Stock Performance

CZWI opened at $15.95 on Thursday. Citizens Community Bancorp has a 12-month low of $10.14 and a 12-month high of $17.04. The stock has a market cap of $159.98 million, a price-to-earnings ratio of 11.31 and a beta of 1.08. The business has a 50 day moving average of $16.19 and a 200-day moving average of $14.34. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, October 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. The company had revenue of $25.43 million during the quarter, compared to analysts’ expectations of $14.00 million. On average, equities 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 hedge funds have recently made changes to their positions in CZWI. Commonwealth Equity Services LLC lifted its position 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 valued at $246,000 after buying an additional 2,000 shares during the last quarter. Dimensional Fund Advisors LP increased its stake 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 purchasing an additional 2,986 shares during the period. Empowered Funds LLC increased its stake in shares of Citizens Community Bancorp by 5.3% during the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock worth $825,000 after purchasing an additional 2,948 shares during the period. Fourthstone LLC bought a new position in shares of Citizens Community Bancorp during the third quarter worth approximately $1,520,000. Finally, Barclays PLC bought a new position in shares of Citizens Community Bancorp during the third quarter worth approximately $48,000. 55.11% of the stock is owned by institutional investors and hedge funds.

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.