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

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

Citizens Community Bancorp Stock Performance

CZWI traded up $0.02 during mid-day trading on Thursday, reaching $16.39. 11,145 shares of the company traded hands, compared to its average volume of 17,509. The company’s fifty day moving average price is $15.28 and its 200-day moving average price is $13.52. The stock has a market capitalization of $164.46 million, a P/E ratio of 11.62 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. Citizens Community Bancorp has a 52-week low of $10.14 and a 52-week high of $17.04.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings data on Monday, October 28th. The bank reported $0.32 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $14.00 million. On average, sell-side analysts expect that Citizens Community Bancorp will post 1.34 EPS for the current year.

Hedge Funds Weigh In On Citizens Community Bancorp

Several institutional investors have recently made changes to their positions in CZWI. Barclays PLC bought a new position in Citizens Community Bancorp in the 3rd quarter worth $48,000. Commonwealth Equity Services LLC increased its position in Citizens Community Bancorp by 10.4% in the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock worth $246,000 after buying an additional 2,000 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Citizens Community Bancorp by 25.0% in the second quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock worth $554,000 after buying an additional 9,615 shares during the period. Empowered Funds LLC lifted its position in shares of Citizens Community Bancorp by 5.3% during the 3rd 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 in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Citizens Community Bancorp by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock valued at $1,476,000 after buying an additional 1,732 shares in the last quarter. 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.