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 research report report published on Wednesday. The firm issued a hold rating on the financial services provider’s stock.

Auburn National Bancorporation Stock Performance

AUBN stock opened at $22.82 on Wednesday. The company has a market capitalization of $79.64 million, a PE ratio of 91.28 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 price is $22.97 and its two-hundred day moving average price is $21.02.

Auburn National Bancorporation (NASDAQ:AUBN) last issued its earnings results on Tuesday, October 22nd. The financial services provider reported $0.50 EPS for the quarter. Auburn National Bancorporation had a net margin of 2.43% and a return on equity of 1.10%.

Institutional Investors Weigh In On Auburn National Bancorporation

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