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

StockNews.com lowered shares of Citizens Community Bancorp (NASDAQ:CZWI) from a buy rating to a hold rating in a report published on Wednesday.

Citizens Community Bancorp Stock Up 0.6 %

Shares of NASDAQ CZWI opened at $14.62 on Wednesday. Citizens Community Bancorp has a 52-week low of $10.14 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 stock has a market cap of $146.05 million, a P/E ratio of 10.99 and a beta of 1.12. The firm has a 50 day moving average price of $15.12 and a 200 day moving average price of $15.18.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings results on Monday, January 27th. The bank reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate 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.

Citizens Community Bancorp Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a dividend of $0.36 per share. This represents a dividend yield of 2%. The ex-dividend date of this dividend was Friday, February 7th. This is a boost from Citizens Community Bancorp’s previous annual dividend of $0.32. Citizens Community Bancorp’s payout ratio is 27.07%.

Institutional Trading of Citizens Community Bancorp

Several hedge funds have recently bought and sold shares of CZWI. Russell Investments Group Ltd. acquired a new position in shares of Citizens Community Bancorp in the fourth quarter valued at approximately $31,000. Barclays PLC acquired a new position in Citizens Community Bancorp in the 3rd quarter worth $48,000. Fiduciary Trust Co bought a new position in Citizens Community Bancorp during the 4th quarter worth about $165,000. Citadel Advisors LLC acquired a new stake in shares of Citizens Community Bancorp in the 4th quarter valued at about $202,000. Finally, Schonfeld Strategic Advisors LLC bought a new stake in shares of Citizens Community Bancorp in the fourth quarter valued at about $204,000. 55.11% of the stock is currently owned by institutional investors and hedge funds.

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.