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

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

Auburn National Bancorporation Price Performance

Auburn National Bancorporation stock opened at $20.83 on Wednesday. Auburn National Bancorporation has a 12 month low of $16.48 and a 12 month high of $25.40. The company has a fifty day moving average price of $21.43 and a two-hundred day moving average price of $21.81. The company has a market cap of $72.76 million, a PE ratio of 11.32 and a beta of 0.56.

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

Institutional Investors Weigh In On Auburn National Bancorporation

A number of hedge funds have recently added to or reduced their stakes in AUBN. Geode Capital Management LLC grew its position 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 worth $535,000 after acquiring an additional 1,429 shares during the last quarter. Captrust Financial Advisors acquired a new position in Auburn National Bancorporation during the 3rd quarter valued at about $211,000. Empowered Funds LLC grew its position in Auburn National Bancorporation by 5.3% in 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. Wealthedge Investment Advisors LLC acquired a new stake in shares of Auburn National Bancorporation in the fourth quarter valued at approximately $272,000. Finally, Dimensional Fund Advisors LP raised its holdings 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 buying an additional 523 shares during the last quarter. 39.46% of the stock is currently owned by 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.