Citizens Community Bancorp (NASDAQ:CZWI) Stock Rating Upgraded by Zacks Research

Citizens Community Bancorp (NASDAQ:CZWI) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Separately, Weiss Ratings downgraded Citizens Community Bancorp from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to data from MarketBeat, Citizens Community Bancorp currently has a consensus rating of “Strong Buy”.

Citizens Community Bancorp Price Performance

Shares of NASDAQ:CZWI opened at $23.95 on Tuesday. Citizens Community Bancorp has a 1 year low of $14.04 and a 1 year high of $24.06. The company has a market cap of $230.88 million, a PE ratio of 15.65 and a beta of 0.50. The stock’s 50-day moving average is $21.14 and its 200 day moving average is $19.54.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, April 27th. The bank reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.03. The business had revenue of $16.11 million during the quarter, compared to analysts’ expectations of $15.70 million. Citizens Community Bancorp had a return on equity of 8.00% and a net margin of 15.02%. Analysts expect that Citizens Community Bancorp will post 1.81 EPS for the current fiscal year.

Insider Transactions at Citizens Community Bancorp

In other Citizens Community Bancorp news, Director James D. Moll sold 3,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $21.00, for a total value of $63,000.00. Following the completion of the sale, the director directly owned 35,463 shares in the company, valued at $744,723. This trade represents a 7.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders have bought 3,350 shares of company stock valued at $69,815 over the last ninety days. 4.10% of the stock is owned by corporate insiders.

Institutional Trading of Citizens Community Bancorp

Large investors have recently bought and sold shares of the company. Wellington Management Group LLP raised its position in shares of Citizens Community Bancorp by 123.3% in the 4th quarter. Wellington Management Group LLP now owns 691,414 shares of the bank’s stock worth $12,321,000 after acquiring an additional 381,805 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Citizens Community Bancorp by 0.6% during the third quarter. Vanguard Group Inc. now owns 559,094 shares of the bank’s stock valued at $8,985,000 after purchasing an additional 3,320 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Citizens Community Bancorp by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 346,741 shares of the bank’s stock valued at $6,865,000 after purchasing an additional 10,515 shares in the last quarter. Geode Capital Management LLC grew its stake in Citizens Community Bancorp by 116.2% in the second quarter. Geode Capital Management LLC now owns 214,308 shares of the bank’s stock worth $2,958,000 after purchasing an additional 115,171 shares during the period. Finally, UBS Group AG grew its stake in Citizens Community Bancorp by 123.9% in the fourth quarter. UBS Group AG now owns 169,805 shares of the bank’s stock worth $3,026,000 after purchasing an additional 93,952 shares during the period. 55.11% of the stock is owned by institutional investors.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc is a bank holding company headquartered in Columbia Station, Ohio. Its primary subsidiary, Citizens Community Savings Bank, offers a range of community banking services to individuals and businesses. The company operates through a network of branch offices in Lorain and Medina counties and surrounding communities, providing personalized financial solutions with a focus on local relationships and customer service.

The bank’s deposit products include checking and savings accounts, money market accounts and certificates of deposit, while its lending portfolio features residential mortgage loans, home equity lines of credit, commercial real estate loans, and small-business financing.