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

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

Auburn National Bancorporation Trading Up 1.4 %

Shares of Auburn National Bancorporation stock opened at $21.65 on Thursday. The stock has a market capitalization of $75.65 million, a price-to-earnings ratio of 11.77 and a beta of 0.56. The firm’s 50-day moving average price is $21.31 and its two-hundred day moving average price is $21.88. Auburn National Bancorporation has a 1-year low of $16.48 and a 1-year high of $25.40.

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

Auburn National Bancorporation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Monday, March 10th were given a dividend of $0.27 per share. The ex-dividend date was Monday, March 10th. This represents a $1.08 annualized dividend and a yield of 4.99%. Auburn National Bancorporation’s dividend payout ratio (DPR) is 58.70%.

Hedge Funds Weigh In On Auburn National Bancorporation

A number of institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its stake in shares of Auburn National Bancorporation by 1.3% during the fourth 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 last quarter. Fourthstone LLC acquired a new stake in shares of Auburn National Bancorporation in the 4th quarter valued at $870,000. Bridgeway Capital Management LLC raised its position 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 worth $720,000 after acquiring an additional 572 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of 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 valued at $535,000 after acquiring an additional 1,429 shares during the period. Finally, LPL Financial LLC bought a new position in Auburn National Bancorporation in the fourth quarter valued at about $461,000. 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.