Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) was downgraded by equities researchers at StockNews.com from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Thursday.
Citizens Community Bancorp Stock Performance
Shares of CZWI stock traded up $0.14 during trading on Thursday, reaching $16.09. 17,185 shares of the company's stock traded hands, compared to its average volume of 21,999. Citizens Community Bancorp has a 1 year low of $10.14 and a 1 year high of $17.04. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $161.38 million, a P/E ratio of 11.41 and a beta of 1.08. The firm's 50-day moving average is $16.21 and its 200 day moving average is $14.35.
Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last posted its earnings results on Monday, October 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.05. The business had revenue of $25.43 million for the quarter, compared to analysts' expectations of $14.00 million. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. Equities research analysts expect that Citizens Community Bancorp will post 1.34 EPS for the current year.
Hedge Funds Weigh In On Citizens Community Bancorp
Institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its holdings in 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 last quarter. Fourthstone LLC bought a new stake in Citizens Community Bancorp in the 3rd quarter worth $1,520,000. Geode Capital Management LLC grew its holdings in Citizens Community Bancorp by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 104,125 shares of the bank's stock worth $1,476,000 after acquiring an additional 1,732 shares during the last quarter. Empowered Funds LLC grew its holdings in 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 last quarter. Finally, Commonwealth Equity Services LLC grew its holdings 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 acquiring an additional 2,000 shares during the last quarter. Institutional investors 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.
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