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

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

Auburn National Bancorporation Stock Down 0.9 %

NASDAQ:AUBN opened at $23.17 on Monday. Auburn National Bancorporation has a 52 week low of $16.48 and a 52 week high of $25.40. The stock’s 50-day moving average price is $22.84 and its 200-day moving average price is $20.60. The stock has a market capitalization of $80.96 million, a PE ratio of 92.68 and a beta of 0.52.

Institutional Trading of Auburn National Bancorporation

Institutional investors and hedge funds have recently made changes to their positions in the business. Empowered Funds LLC raised its position in shares of 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 worth $243,000 after purchasing an additional 536 shares during the last quarter. Geode Capital Management LLC increased its stake 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 worth $535,000 after buying an additional 1,429 shares in the last quarter. Aptus Capital Advisors LLC lifted its position in shares of Auburn National Bancorporation by 14.9% in the third 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 in the last quarter. Captrust Financial Advisors purchased a new position in shares of Auburn National Bancorporation in the third quarter valued at approximately $211,000. Finally, RBF Capital LLC acquired a new stake in shares of Auburn National Bancorporation in the third quarter worth approximately $229,000. 39.46% of the stock is currently owned by hedge funds and other 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.