Citizens Community Bancorp (NASDAQ:CZWI) Now Covered by StockNews.com

Stock analysts at StockNews.com started coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) in a report released on Wednesday. The brokerage set a "hold" rating on the bank's stock.

Citizens Community Bancorp Stock Performance

Shares of NASDAQ CZWI traded up $0.40 during trading hours on Wednesday, reaching $14.40. The stock had a trading volume of 81,041 shares, compared to its average volume of 15,560. The firm has a market cap of $148.32 million, a price-to-earnings ratio of 9.93 and a beta of 1.06. Citizens Community Bancorp has a fifty-two week low of $9.00 and a fifty-two week high of $14.59. The firm has a 50-day moving average of $13.86 and a 200-day moving average of $12.47. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.18.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last announced its earnings results on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.05. The business had revenue of $25.43 million during 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 8.72%. Equities research analysts predict that Citizens Community Bancorp will post 1.3 earnings per share for the current year.

Hedge Funds Weigh In On Citizens Community Bancorp

Large investors have recently modified their holdings of the business. O Shaughnessy Asset Management LLC acquired a new position in Citizens Community Bancorp during the first quarter worth about $236,000. Commonwealth Equity Services LLC increased its stake in Citizens Community Bancorp by 10.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank's stock valued at $246,000 after purchasing an additional 2,000 shares in the last quarter. Acadian Asset Management LLC boosted its position in Citizens Community Bancorp by 37.3% during the first quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank's stock worth $465,000 after purchasing an additional 10,445 shares in the last quarter. Empowered Funds LLC grew its holdings in Citizens Community Bancorp by 8.1% in 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 during the last quarter. Finally, Gendell Jeffrey L grew its holdings in Citizens Community Bancorp by 8.7% in the first quarter. Gendell Jeffrey L now owns 250,959 shares of the bank's stock valued at $3,049,000 after purchasing an additional 20,000 shares during the last quarter. 55.11% of the stock is owned by hedge funds and other institutional investors.

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.