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

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

Auburn National Bancorporation Stock Performance

AUBN stock opened at $19.75 on Friday. The company has a 50 day moving average price of $20.86 and a two-hundred day moving average price of $21.77. The stock has a market capitalization of $69.01 million, a P/E ratio of 10.73 and a beta of 0.35. Auburn National Bancorporation has a one year low of $16.48 and a one year high of $25.40.

Auburn National Bancorporation (NASDAQ:AUBN) last announced its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $0.45 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

Several institutional investors have recently made changes to their positions in AUBN. Geode Capital Management LLC lifted its position in 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 valued at $535,000 after buying an additional 1,429 shares in the last quarter. Fourthstone LLC acquired a new position in shares of Auburn National Bancorporation during the 4th quarter valued at $870,000. Empowered Funds LLC boosted its position 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 purchasing an additional 572 shares during the period. Wealthedge Investment Advisors LLC acquired a new stake in Auburn National Bancorporation in the 4th quarter valued at $272,000. Finally, Dimensional Fund Advisors LP raised its position in Auburn National Bancorporation by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 39,624 shares of the financial services provider’s stock valued at $931,000 after purchasing an additional 523 shares during the period. 39.46% of the stock is 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.