Citizens Community Bancorp (NASDAQ:CZWI) Stock Rating Lowered by StockNews.com

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Thursday.

Citizens Community Bancorp Trading Up 0.1 %

Shares of NASDAQ:CZWI traded up $0.02 on Thursday, hitting $16.39. The company had a trading volume of 11,145 shares, compared to its average volume of 17,509. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12. Citizens Community Bancorp has a 1 year low of $10.14 and a 1 year high of $17.04. The firm's 50-day simple moving average is $15.28 and its two-hundred day simple moving average is $13.52. The firm has a market capitalization of $164.46 million, a price-to-earnings ratio of 11.62 and a beta of 1.08.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last released its earnings results on Monday, October 28th. The bank reported $0.32 EPS for the quarter, beating 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 analysts' expectations of $14.00 million. Equities analysts anticipate that Citizens Community Bancorp will post 1.34 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Citizens Community Bancorp

Several large investors have recently modified their holdings of CZWI. Fourthstone LLC purchased a new position in Citizens Community Bancorp in the 3rd quarter worth approximately $1,520,000. Acadian Asset Management LLC increased 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 purchasing an additional 9,615 shares in the last quarter. Barclays PLC purchased a new position in shares of Citizens Community Bancorp in the third quarter worth $48,000. Dimensional Fund Advisors LP lifted its holdings in shares of Citizens Community Bancorp by 1.1% during the second quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank's stock valued at $3,248,000 after purchasing an additional 2,986 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in shares of Citizens Community Bancorp by 5.3% during the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank's stock valued at $825,000 after buying an additional 2,948 shares during the last quarter. Hedge funds and other institutional investors own 55.11% of the company's stock.

Citizens Community Bancorp Company Profile

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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