Citizens Community Bancorp (NASDAQ:CZWI) Cut to Hold at StockNews.com

Citizens Community Bancorp (NASDAQ:CZWI) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

Citizens Community Bancorp Price Performance

Shares of NASDAQ CZWI traded up $0.09 during midday trading on Wednesday, reaching $14.62. 12,956 shares of the company traded hands, compared to its average volume of 15,733. The stock’s 50-day simple moving average is $15.12 and its 200-day simple moving average is $15.18. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95. Citizens Community Bancorp has a 12 month low of $10.14 and a 12 month high of $17.04. The firm has a market cap of $146.05 million, a PE ratio of 10.99 and a beta of 1.12.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its earnings results on Monday, January 27th. The bank reported $0.27 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.27. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. As a group, equities analysts anticipate that Citizens Community Bancorp will post 1.31 earnings per share for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in CZWI. Barclays PLC bought a new stake in shares of Citizens Community Bancorp in the 3rd quarter valued at about $48,000. Geode Capital Management LLC increased its stake in Citizens Community Bancorp by 1.7% in the third quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock valued at $1,476,000 after purchasing an additional 1,732 shares in the last quarter. Empowered Funds LLC raised its holdings in Citizens Community Bancorp by 1.9% in the fourth quarter. Empowered Funds LLC now owns 59,332 shares of the bank’s stock worth $967,000 after purchasing an additional 1,100 shares during the period. Hillsdale Investment Management Inc. bought a new position in shares of Citizens Community Bancorp during the fourth quarter worth $226,000. Finally, RFG Bristol Wealth Advisors LLC acquired a new position in shares of Citizens Community Bancorp in the 4th quarter valued at $1,449,000. Institutional investors own 55.11% of the company’s stock.

About Citizens Community Bancorp

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.