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

StockNews.com started coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research note released on Monday morning. The firm issued a hold rating on the bank’s stock.

Citizens Community Bancorp Price Performance

Shares of NASDAQ CZWI opened at $14.11 on Monday. The firm has a market cap of $146.83 million, a P/E ratio of 10.94 and a beta of 1.06. Citizens Community Bancorp has a twelve month low of $8.54 and a twelve month high of $14.25. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.18. The company has a 50 day moving average of $13.71 and a 200 day moving average of $12.28.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its quarterly earnings results on Monday, July 29th. The bank reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.09. The firm had revenue of $13.49 million during 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%. As a group, research analysts expect that Citizens Community Bancorp will post 1.3 EPS for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

A number of institutional investors have recently made changes to their positions in CZWI. O Shaughnessy Asset Management LLC purchased a new position in shares of Citizens Community Bancorp during the first quarter valued at approximately $236,000. Commonwealth Equity Services LLC raised its stake in Citizens Community Bancorp by 10.4% during the 2nd 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. Acadian Asset Management LLC raised its stake in Citizens Community Bancorp by 37.3% during the 1st quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock valued at $465,000 after buying an additional 10,445 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Citizens Community Bancorp by 8.1% during the 1st quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock valued at $624,000 after buying an additional 3,850 shares during the period. Finally, Gendell Jeffrey L boosted its stake in shares of Citizens Community Bancorp by 8.7% in the 1st quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock worth $3,049,000 after buying an additional 20,000 shares during the last quarter. 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.