Auburn National Bancorporation (NASDAQ:AUBN) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a research note issued to investors on Friday. The brokerage issued a hold rating on the financial services provider’s stock.

Auburn National Bancorporation Price Performance

AUBN stock opened at $21.93 on Friday. The business has a fifty day moving average price of $22.72 and a 200 day moving average price of $21.24. Auburn National Bancorporation has a fifty-two week low of $16.48 and a fifty-two week high of $25.40. The stock has a market capitalization of $76.52 million, a price-to-earnings ratio of 11.92 and a beta of 0.52.

Auburn National Bancorporation (NASDAQ:AUBN) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $0.45 earnings per share for the quarter. Auburn National Bancorporation had a return on equity of 8.20% and a net margin of 2.43%.

Institutional Trading of Auburn National Bancorporation

Several hedge funds have recently modified their holdings of AUBN. RBF Capital LLC acquired a new position in Auburn National Bancorporation during the 3rd quarter worth $229,000. Captrust Financial Advisors bought a new stake in shares of Auburn National Bancorporation during the third quarter worth $211,000. Aptus Capital Advisors LLC lifted its stake in shares of Auburn National Bancorporation by 14.9% during the third quarter. Aptus Capital Advisors LLC now owns 28,390 shares of the financial services provider’s stock valued at $650,000 after acquiring an additional 3,691 shares during the period. Geode Capital Management LLC boosted its holdings in Auburn National Bancorporation by 6.5% in the third quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock valued at $535,000 after acquiring an additional 1,429 shares during the last quarter. Finally, Empowered Funds LLC increased its position in Auburn National Bancorporation by 5.4% in the fourth quarter. Empowered Funds LLC now owns 11,170 shares of the financial services provider’s stock worth $262,000 after purchasing an additional 572 shares during the period. 39.46% of the stock is owned by institutional investors.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.