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

Analysts at StockNews.com began coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the financial services provider’s stock.

Auburn National Bancorporation Stock Up 0.1 %

Shares of NASDAQ:AUBN opened at $20.81 on Friday. Auburn National Bancorporation has a 12-month low of $16.48 and a 12-month high of $25.40. The stock has a market cap of $72.71 million, a PE ratio of 11.31 and a beta of 0.52. The business has a 50 day moving average of $22.24 and a 200-day moving average of $21.41.

Auburn National Bancorporation (NASDAQ:AUBN) last issued 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 return on equity of 8.20% and a net margin of 2.43%.

Institutional Investors Weigh In On Auburn National Bancorporation

Hedge funds and other institutional investors have recently made changes to their positions in the business. Captrust Financial Advisors acquired a new stake in shares of Auburn National Bancorporation in the third quarter valued at approximately $211,000. RBF Capital LLC acquired a new stake in shares of Auburn National Bancorporation in the third quarter valued at approximately $229,000. Empowered Funds LLC raised its position in shares of Auburn National Bancorporation by 5.3% in the third 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 in the last quarter. LPL Financial LLC acquired a new stake in shares of Auburn National Bancorporation in the fourth quarter valued at approximately $461,000. Finally, Geode Capital Management LLC raised 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 buying an additional 1,429 shares in the last quarter. 39.46% of the stock is currently 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.