Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Wednesday.
Citizens Community Bancorp Trading Down 0.8%
Shares of NASDAQ CZWI traded down $0.12 during mid-day trading on Wednesday, hitting $14.67. 12,963 shares of the company traded hands, compared to its average volume of 17,948. The business has a 50 day moving average of $14.33 and a two-hundred day moving average of $15.24. 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 has a market capitalization of $146.55 million, a price-to-earnings ratio of 11.03 and a beta of 0.74. Citizens Community Bancorp has a 1 year low of $10.75 and a 1 year high of $17.04.
Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last announced its earnings results on Monday, April 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.05. The company had revenue of $14.19 million for the quarter, compared to the consensus estimate of $14.20 million. Citizens Community Bancorp had a net margin of 13.79% and a return on equity of 7.87%. On average, sell-side analysts anticipate that Citizens Community Bancorp will post 1.31 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Citizens Community Bancorp
A number of institutional investors have recently modified their holdings of CZWI. Empowered Funds LLC boosted its position in Citizens Community Bancorp by 1.9% during the fourth quarter. Empowered Funds LLC now owns 59,332 shares of the bank's stock valued at $967,000 after purchasing an additional 1,100 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Citizens Community Bancorp during the 4th quarter worth about $31,000. Barclays PLC acquired a new stake in shares of Citizens Community Bancorp during the 3rd quarter valued at about $48,000. O Shaughnessy Asset Management LLC lifted its holdings in shares of Citizens Community Bancorp by 36.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 24,958 shares of the bank's stock valued at $407,000 after buying an additional 6,631 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Citizens Community Bancorp by 33.9% in the 4th quarter. Northern Trust Corp now owns 39,081 shares of the bank's stock valued at $637,000 after buying an additional 9,894 shares in the last quarter. Institutional investors and hedge funds own 55.11% of the company's stock.
About Citizens Community Bancorp
(
Get Free Report)
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.
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