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

Research analysts at StockNews.com started coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a report issued on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.

Auburn National Bancorporation Stock Performance

Shares of AUBN stock opened at $21.42 on Thursday. Auburn National Bancorporation has a 52-week low of $16.48 and a 52-week high of $25.40. The stock has a market cap of $74.82 million, a price-to-earnings ratio of 11.64 and a beta of 0.56. The firm’s 50-day moving average is $21.29 and its 200-day moving average is $21.89.

Auburn National Bancorporation (NASDAQ:AUBN) last released 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 Trading of Auburn National Bancorporation

Institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its position in shares of 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 purchasing an additional 1,429 shares in the last quarter. Captrust Financial Advisors acquired a new stake in Auburn National Bancorporation during the third quarter worth approximately $211,000. Empowered Funds LLC increased its stake 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 worth $262,000 after acquiring an additional 572 shares during the period. RBF Capital LLC bought a new stake in shares of Auburn National Bancorporation during the 3rd quarter valued at $229,000. Finally, Wealthedge Investment Advisors LLC acquired a new stake in shares of Auburn National Bancorporation during the 4th quarter worth $272,000. 39.46% of the stock is currently 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.