Research analysts at StockNews.com initiated coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) in a note issued to investors on Thursday. The firm set a "hold" rating on the bank's stock.
Citizens Community Bancorp Price Performance
NASDAQ:CZWI traded up $0.20 during trading hours on Thursday, reaching $15.00. 14,114 shares of the company traded hands, compared to its average volume of 16,442. Citizens Community Bancorp has a 1-year low of $10.14 and a 1-year high of $15.00. The stock has a market cap of $150.45 million, a P/E ratio of 10.64 and a beta of 1.06. The firm's 50-day moving average is $14.02 and its 200-day moving average is $12.64. 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 (NASDAQ:CZWI - Get Free Report) last issued 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. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. The business had revenue of $25.43 million for the quarter, compared to analyst estimates of $14.00 million. Equities research analysts expect that Citizens Community Bancorp will post 1.34 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC increased its position 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 worth $246,000 after purchasing an additional 2,000 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Citizens Community Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 58,232 shares of the bank's stock worth $825,000 after acquiring an additional 2,948 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Citizens Community Bancorp by 1.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank's stock worth $3,248,000 after acquiring an additional 2,986 shares during the period. Acadian Asset Management LLC raised its holdings 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 buying an additional 9,615 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of Citizens Community Bancorp in the 1st quarter worth approximately $236,000. Institutional investors and hedge funds own 55.11% of the company's stock.
Citizens Community Bancorp Company Profile
(
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.
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