StockNews.com Upgrades Citizens Community Bancorp (NASDAQ:CZWI) to “Buy”

Citizens Community Bancorp (NASDAQ:CZWI) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Thursday.

Citizens Community Bancorp Stock Down 2.5 %

Shares of NASDAQ CZWI opened at $12.71 on Thursday. The firm has a 50 day moving average price of $14.64 and a 200 day moving average price of $15.13. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a market cap of $126.97 million, a P/E ratio of 9.56 and a beta of 0.82. 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 released its quarterly earnings data on Monday, January 27th. The bank reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. Citizens Community Bancorp had a net margin of 13.79% and a return on equity of 7.87%. Analysts expect that Citizens Community Bancorp will post 1.31 EPS for the current year.

Institutional Trading of Citizens Community Bancorp

Several hedge funds have recently bought and sold shares of CZWI. Barclays PLC bought a new stake in shares of Citizens Community Bancorp during the third quarter worth $48,000. Geode Capital Management LLC boosted its position in shares of Citizens Community Bancorp by 1.7% during the third quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock worth $1,476,000 after buying an additional 1,732 shares during the period. Empowered Funds LLC grew its stake in shares of Citizens Community Bancorp by 1.9% during the 4th quarter. Empowered Funds LLC now owns 59,332 shares of the bank’s stock worth $967,000 after acquiring an additional 1,100 shares in the last quarter. Hillsdale Investment Management Inc. bought a new position in Citizens Community Bancorp in the fourth quarter valued at $226,000. Finally, RFG Bristol Wealth Advisors LLC acquired a new stake in shares of Citizens Community Bancorp in the fourth quarter valued at about $1,449,000. 55.11% of the stock is currently 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.