StockNews.com Begins Coverage on Auburn National Bancorporation (NASDAQ:AUBN)

Analysts at StockNews.com started coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a research report issued on Monday. The firm set a “hold” rating on the financial services provider’s stock.

Auburn National Bancorporation Stock Performance

Shares of AUBN stock opened at $23.05 on Monday. The company has a market capitalization of $80.54 million, a price-to-earnings ratio of 92.20 and a beta of 0.52. Auburn National Bancorporation has a one year low of $16.48 and a one year high of $25.40. The company’s 50-day moving average is $22.86 and its 200 day moving average is $20.66.

Hedge Funds Weigh In On Auburn National Bancorporation

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors bought a new stake in shares of Auburn National Bancorporation in the 3rd quarter worth $211,000. RBF Capital LLC purchased a new stake in shares of Auburn National Bancorporation during the third quarter valued at $229,000. Empowered Funds LLC increased its holdings in Auburn National Bancorporation by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider’s stock worth $243,000 after buying an additional 536 shares in the last quarter. Geode Capital Management LLC raised its position in Auburn National Bancorporation by 6.5% in the 3rd quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock worth $535,000 after buying an additional 1,429 shares during the last quarter. Finally, Aptus Capital Advisors LLC lifted its stake in Auburn National Bancorporation by 14.9% during the 3rd 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. 39.46% of the stock is owned by institutional investors.

Auburn National Bancorporation Company Profile

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.