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

StockNews.com assumed coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a report released on Monday. The brokerage issued a hold rating on the bank’s stock.

Citizens Community Bancorp Trading Down 0.1 %

Shares of CZWI opened at $13.34 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.96 and a quick ratio of 0.96. Citizens Community Bancorp has a 1-year low of $8.47 and a 1-year high of $13.59. The stock has a market cap of $138.82 million, a price-to-earnings ratio of 10.34 and a beta of 1.06. The firm has a 50 day simple moving average of $12.26 and a 200-day simple moving average of $11.77.

Citizens Community Bancorp (NASDAQ:CZWI) last released its earnings results on Monday, July 29th. The bank reported $0.36 EPS for the quarter, beating the consensus estimate of $0.27 by $0.09. The firm had revenue of $13.49 million during the quarter, compared to analyst estimates of $13.80 million. Citizens Community Bancorp had a return on equity of 8.44% and a net margin of 14.07%. Equities analysts forecast that Citizens Community Bancorp will post 1.22 EPS for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

A number of hedge funds have recently made changes to their positions in the stock. Commonwealth Equity Services LLC boosted its holdings in 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 purchasing an additional 2,000 shares during the period. Dimensional Fund Advisors LP increased 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 acquiring an additional 2,986 shares during the period. Empowered Funds LLC raised its stake in shares of Citizens Community Bancorp by 8.1% during the first quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock valued at $624,000 after purchasing an additional 3,850 shares in the last quarter. Acadian Asset Management LLC lifted its stake in shares of Citizens Community Bancorp by 25.0% in the 2nd 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 period. Finally, O Shaughnessy Asset Management LLC bought a new position in Citizens Community Bancorp during the 1st quarter valued at $236,000. Institutional investors and hedge funds 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.