Citizens Community Bancorp (NASDAQ:CZWI) Upgraded at StockNews.com

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

Citizens Community Bancorp Trading Up 1.1 %

Shares of NASDAQ CZWI opened at $14.68 on Monday. The stock has a market cap of $147.30 million, a price-to-earnings ratio of 11.04 and a beta of 1.12. The business has a 50 day simple moving average of $15.36 and a 200 day simple moving average of $15.10. 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.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings results on Monday, January 27th. The bank reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. On average, research analysts predict that Citizens Community Bancorp will post 1.31 earnings per share for the current fiscal year.

Citizens Community Bancorp Increases Dividend

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

Institutional Investors Weigh In On Citizens Community Bancorp

Large investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. bought a new stake in Citizens Community Bancorp during the fourth quarter worth approximately $31,000. Barclays PLC bought a new stake in Citizens Community Bancorp during the third quarter worth approximately $48,000. Fiduciary Trust Co bought a new stake in Citizens Community Bancorp during the fourth quarter worth approximately $165,000. Citadel Advisors LLC bought a new stake in Citizens Community Bancorp during the fourth quarter worth approximately $202,000. Finally, Schonfeld Strategic Advisors LLC bought a new stake in Citizens Community Bancorp during the fourth quarter worth approximately $204,000. Institutional investors own 55.11% of the company’s stock.

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.