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

StockNews.com cut shares of Citizens Community Bancorp (NASDAQ:CZWI) from a buy rating to a hold rating in a research note issued to investors on Thursday morning.

Citizens Community Bancorp Stock Performance

NASDAQ:CZWI opened at $16.09 on Thursday. The firm has a market capitalization of $161.38 million, a PE ratio of 11.41 and a beta of 1.08. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12. The stock’s 50-day simple moving average is $16.21 and its 200 day simple moving average is $14.35. Citizens Community Bancorp has a twelve month low of $10.14 and a twelve month high of $17.04.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its earnings results on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.05. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. The firm had revenue of $25.43 million for the quarter, compared to analysts’ expectations of $14.00 million. On average, analysts anticipate that Citizens Community Bancorp will post 1.34 EPS for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

Hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its stake in shares of Citizens Community Bancorp by 10.4% in the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after buying an additional 2,000 shares during the period. Dimensional Fund Advisors LP raised its stake 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 acquiring an additional 2,986 shares during the last quarter. Empowered Funds LLC lifted its holdings 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 worth $825,000 after purchasing an additional 2,948 shares during the period. Fourthstone LLC acquired a new position in shares of Citizens Community Bancorp during the third quarter worth $1,520,000. Finally, Barclays PLC bought a new stake in shares of Citizens Community Bancorp in the third quarter worth $48,000. 55.11% of the stock is owned by institutional investors and hedge funds.

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.