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


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

Shares of CZWI stock opened at $14.08 on Friday. Citizens Community Bancorp has a 52 week low of $8.47 and a 52 week high of $14.17. The firm's 50-day simple moving average is $13.25 and its two-hundred day simple moving average is $12.08. The firm has a market cap of $146.52 million, a price-to-earnings ratio of 10.91 and a beta of 1.06. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.95 and a current ratio of 0.95.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last posted its quarterly earnings results on Monday, July 29th. The bank reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.09. The company had revenue of $13.49 million for the quarter, compared to analyst estimates of $13.80 million. Citizens Community Bancorp had a net margin of 14.07% and a return on equity of 8.37%. As a group, equities analysts forecast that Citizens Community Bancorp will post 1.3 earnings per share for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. O Shaughnessy Asset Management LLC bought a new stake in Citizens Community Bancorp in the first quarter valued at $236,000. 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 valued at $246,000 after acquiring an additional 2,000 shares in the last quarter. Acadian Asset Management LLC boosted 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 purchasing an additional 10,445 shares during the last quarter. Empowered Funds LLC increased its holdings in Citizens Community Bancorp by 8.1% in the 1st quarter. Empowered Funds LLC now owns 51,324 shares of the bank's stock worth $624,000 after buying an additional 3,850 shares in the last quarter. Finally, Gendell Jeffrey L raised its position in 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. 55.11% of the stock is owned by hedge funds and other institutional investors.

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.

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