Auburn National Bancorporation (NASDAQ:AUBN) Earns Hold Rating from Analysts at StockNews.com

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

Auburn National Bancorporation Stock Performance

Shares of AUBN opened at $20.81 on Friday. The firm has a market cap of $72.71 million, a PE ratio of 11.31 and a beta of 0.52. Auburn National Bancorporation has a 52-week low of $16.48 and a 52-week high of $25.40. The business’s 50 day moving average price is $22.24 and its two-hundred day moving average price is $21.46.

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

Auburn National Bancorporation Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th will be paid a $0.27 dividend. The ex-dividend date is Monday, March 10th. This represents a $1.08 annualized dividend and a dividend yield of 5.19%. Auburn National Bancorporation’s dividend payout ratio is presently 58.70%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Bridgeway Capital Management LLC increased its holdings in shares of Auburn National Bancorporation by 1.9% during the fourth quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider’s stock valued at $720,000 after acquiring an additional 572 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Auburn National Bancorporation by 1.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 39,624 shares of the financial services provider’s stock valued at $931,000 after purchasing an additional 523 shares during the period. Fourthstone LLC bought a new stake in Auburn National Bancorporation during the 4th quarter valued at $870,000. LPL Financial LLC acquired a new position in Auburn National Bancorporation during the fourth quarter worth $461,000. Finally, Empowered Funds LLC lifted its stake in shares of 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 valued at $262,000 after buying an additional 572 shares in the last quarter. 39.46% of the stock is owned by institutional investors and hedge funds.

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.