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

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 note issued to investors on Wednesday.

Citizens Community Bancorp Stock Performance

Shares of NASDAQ CZWI traded up $0.01 during midday trading on Wednesday, reaching $13.38. The company had a trading volume of 1,701 shares, compared to its average volume of 15,843. Citizens Community Bancorp has a 1 year low of $10.14 and a 1 year high of $17.04. The business's 50-day simple moving average is $15.02 and its 200 day simple moving average is $15.20. 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 stock has a market cap of $133.67 million, a P/E ratio of 10.06 and a beta of 0.82.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last issued its quarterly earnings results on Monday, January 27th. The bank reported $0.27 EPS for the quarter, hitting analysts' consensus estimates of $0.27. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. On average, analysts forecast that Citizens Community Bancorp will post 1.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new position in shares of Citizens Community Bancorp in the 4th quarter valued at about $31,000. Barclays PLC purchased a new stake in shares of Citizens Community Bancorp in the third quarter valued at approximately $48,000. Fiduciary Trust Co acquired a new position in shares of Citizens Community Bancorp during the 4th quarter worth approximately $165,000. Citadel Advisors LLC purchased a new position in shares of Citizens Community Bancorp during the 4th quarter valued at approximately $202,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in Citizens Community Bancorp in the 4th quarter valued at $204,000. 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.