Auburn National Bancorporation (NASDAQ:AUBN) Coverage Initiated by Analysts at StockNews.com

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

Auburn National Bancorporation Price Performance

NASDAQ AUBN opened at $21.67 on Thursday. The firm has a market cap of $75.61 million, a P/E ratio of 86.66 and a beta of 0.52. The stock’s 50-day moving average is $22.98 and its two-hundred day moving average is $21.15. Auburn National Bancorporation has a fifty-two week low of $16.48 and a fifty-two week high of $25.40.

Auburn National Bancorporation (NASDAQ:AUBN) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $0.45 EPS for the quarter. Auburn National Bancorporation had a net margin of 2.43% and a return on equity of 1.10%.

Institutional Trading of Auburn National Bancorporation

Several hedge funds and other institutional investors have recently bought and sold shares of AUBN. Empowered Funds LLC raised its stake in shares of Auburn National Bancorporation by 5.3% in the third quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider’s stock valued at $243,000 after purchasing an additional 536 shares in the last quarter. Geode Capital Management LLC grew its stake in Auburn National Bancorporation by 6.5% during the third 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. Aptus Capital Advisors LLC grew its position 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 worth $650,000 after acquiring an additional 3,691 shares during the last quarter. Captrust Financial Advisors acquired a new stake in shares of Auburn National Bancorporation in the third quarter valued at $211,000. Finally, RBF Capital LLC bought a new position in shares of Auburn National Bancorporation in the third quarter worth about $229,000. 39.46% of the stock is currently owned by institutional investors and hedge funds.

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.