Wells Fargo & Company MN raised its holdings in shares of Citizens Community Bancorp Inc. (NASDAQ:CZWI) by 28.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,631 shares of the bank’s stock after purchasing an additional 3,269 shares during the quarter. Wells Fargo & Company MN owned 0.13% of Citizens Community Bancorp worth $95,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Credit Suisse AG purchased a new position in shares of Citizens Community Bancorp in the 4th quarter worth about $215,000. Renaissance Technologies LLC boosted its holdings in shares of Citizens Community Bancorp by 61.3% in the 4th quarter. Renaissance Technologies LLC now owns 40,000 shares of the bank’s stock worth $489,000 after buying an additional 15,200 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in Citizens Community Bancorp by 5.8% during the fourth quarter. Alliancebernstein L.P. now owns 321,607 shares of the bank’s stock valued at $3,930,000 after purchasing an additional 17,607 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Citizens Community Bancorp by 9.1% during the fourth quarter. Geode Capital Management LLC now owns 21,213 shares of the bank’s stock valued at $259,000 after purchasing an additional 1,765 shares during the last quarter. Finally, Fourthstone LLC lifted its holdings in Citizens Community Bancorp by 27.0% during the first quarter. Fourthstone LLC now owns 1,061,024 shares of the bank’s stock valued at $6,959,000 after purchasing an additional 225,706 shares during the last quarter. Institutional investors and hedge funds own 51.71% of the company’s stock.
Several equities research analysts have commented on the stock. Zacks Investment Research raised shares of Citizens Community Bancorp from a “hold” rating to a “buy” rating and set a $8.25 price objective on the stock in a report on Monday, June 22nd. TheStreet downgraded shares of Citizens Community Bancorp from a “c” rating to a “d” rating in a report on Tuesday, April 28th.
NASDAQ CZWI opened at $6.62 on Friday. The company has a market cap of $75.26 million, a PE ratio of 6.69 and a beta of 1.03. Citizens Community Bancorp Inc. has a 52 week low of $5.26 and a 52 week high of $12.75. The company has a quick ratio of 1.03, a current ratio of 1.04 and a debt-to-equity ratio of 0.83. The firm’s 50-day simple moving average is $6.98 and its two-hundred day simple moving average is $8.45.
Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings results on Thursday, July 30th. The bank reported $0.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.07. Citizens Community Bancorp had a return on equity of 7.82% and a net margin of 13.92%. The firm had revenue of $17.32 million for the quarter, compared to analysts’ expectations of $15.90 million. As a group, equities research analysts anticipate that Citizens Community Bancorp Inc. will post 0.95 EPS for the current year.
About Citizens Community Bancorp
Citizens Community Bancorp, Inc operates as a holding company for Citizens Community Federal N.A. that provides various consumer, commercial, and agricultural banking products and services in Wisconsin, Minnesota, and Michigan. It accepts various deposit products, including demand deposits, savings and money-market accounts, and certificates of deposit.
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