Stock analysts at StockNews.com initiated coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) in a note issued to investors on Friday. The brokerage set a "buy" rating on the bank's stock.
Citizens Community Bancorp Stock Performance
NASDAQ:CZWI traded up $0.48 during midday trading on Friday, reaching $16.10. 41,217 shares of the company traded hands, compared to its average volume of 17,011. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.95 and a quick ratio of 0.95. Citizens Community Bancorp has a twelve month low of $10.14 and a twelve month high of $16.19. The company has a fifty day moving average price of $14.20 and a 200 day moving average price of $12.79. The firm has a market capitalization of $161.48 million, a price-to-earnings ratio of 11.42 and a beta of 1.06.
Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $14.00 million. On average, analysts expect that Citizens Community Bancorp will post 1.34 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in CZWI. Vanguard Group Inc. lifted its holdings in shares of Citizens Community Bancorp by 309.5% in the first quarter. Vanguard Group Inc. now owns 610,734 shares of the bank's stock valued at $7,420,000 after buying an additional 461,594 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Citizens Community Bancorp by 37.3% in the first 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 period. O Shaughnessy Asset Management LLC acquired a new stake in shares of Citizens Community Bancorp in the first quarter valued at $236,000. Gendell Jeffrey L lifted its holdings in shares of 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 buying an additional 20,000 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings 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 period. Institutional investors and hedge funds own 55.11% of the company's stock.
About Citizens Community Bancorp
(
Get Free Report)
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.
Further Reading
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