Citizens Community Bancorp (NASDAQ:CZWI) Upgraded by StockNews.com to “Buy” Rating

StockNews.com upgraded shares of Citizens Community Bancorp (NASDAQ:CZWI) from a hold rating to a buy rating in a report issued on Tuesday morning.

Citizens Community Bancorp Stock Down 0.5%

NASDAQ:CZWI opened at $14.75 on Tuesday. The stock has a 50-day simple moving average of $14.22 and a 200 day simple moving average of $15.19. Citizens Community Bancorp has a 52-week low of $10.64 and a 52-week high of $17.04. 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 company has a market cap of $147.35 million, a PE ratio of 11.09 and a beta of 0.74.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, April 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The company had revenue of $14.19 million during the quarter, compared to analysts’ expectations of $14.20 million. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. On average, sell-side analysts expect that Citizens Community Bancorp will post 1.31 EPS for the current fiscal year.

Hedge Funds Weigh In On Citizens Community Bancorp

A number of hedge funds have recently added to or reduced their stakes in CZWI. Dimensional Fund Advisors LP increased its stake in shares of Citizens Community Bancorp by 5.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 300,796 shares of the bank’s stock valued at $4,900,000 after purchasing an additional 14,367 shares during the last quarter. Fourthstone LLC increased its position in Citizens Community Bancorp by 145.8% in the 4th quarter. Fourthstone LLC now owns 263,742 shares of the bank’s stock valued at $4,296,000 after buying an additional 156,461 shares in the last quarter. Susquehanna International Group LLP bought a new stake in Citizens Community Bancorp during the 4th quarter worth approximately $1,534,000. RFG Bristol Wealth Advisors LLC bought a new position in shares of Citizens Community Bancorp in the fourth quarter valued at approximately $1,449,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Citizens Community Bancorp by 50.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 65,724 shares of the bank’s stock valued at $1,071,000 after acquiring an additional 22,025 shares in the last quarter. 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.