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

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

Auburn National Bancorporation Trading Up 0.4 %

Auburn National Bancorporation stock opened at $21.50 on Thursday. The firm’s fifty day moving average price is $23.00 and its two-hundred day moving average price is $21.15. The firm has a market capitalization of $75.04 million, a price-to-earnings ratio of 86.00 and a beta of 0.52. 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 posted its quarterly earnings data 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 1.10%.

Institutional Trading of Auburn National Bancorporation

A number of large investors have recently bought and sold shares of the company. Empowered Funds LLC raised its holdings in Auburn National Bancorporation by 5.4% during the 4th quarter. Empowered Funds LLC now owns 11,170 shares of the financial services provider’s stock valued at $262,000 after acquiring an additional 572 shares during the period. Geode Capital Management LLC grew its position in shares of Auburn National Bancorporation by 6.5% in the third quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock valued at $535,000 after purchasing an additional 1,429 shares in the last quarter. RBF Capital LLC bought a new stake in shares of Auburn National Bancorporation during the 3rd quarter valued at $229,000. Captrust Financial Advisors purchased a new position in Auburn National Bancorporation during the 3rd quarter valued at about $211,000. Finally, Aptus Capital Advisors LLC increased its position in shares of Auburn National Bancorporation by 14.9% during the third quarter. Aptus Capital Advisors LLC now owns 28,390 shares of the financial services provider’s stock valued at $650,000 after buying an additional 3,691 shares during the period. 39.46% of the stock is 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.