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

StockNews.com assumed coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a research report report published on Wednesday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Auburn National Bancorporation Stock Up 5.1 %

NASDAQ AUBN opened at $21.75 on Wednesday. Auburn National Bancorporation has a twelve month low of $16.48 and a twelve month high of $25.40. The company has a market cap of $75.99 million, a price-to-earnings ratio of 11.82 and a beta of 0.56. The business’s fifty day moving average is $21.35 and its 200 day moving average is $21.82.

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 for the quarter. Auburn National Bancorporation had a return on equity of 8.20% and a net margin of 2.43%.

Auburn National Bancorporation Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 4.97%. The ex-dividend date is Monday, March 10th. Auburn National Bancorporation’s payout ratio is presently 58.70%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Captrust Financial Advisors bought a new stake in Auburn National Bancorporation in the 3rd quarter valued at about $211,000. RBF Capital LLC bought a new stake in Auburn National Bancorporation in the 3rd quarter valued at about $229,000. Empowered Funds LLC increased 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 valued at $243,000 after buying an additional 536 shares in the last quarter. Wealthedge Investment Advisors LLC bought a new stake in Auburn National Bancorporation in the 4th quarter valued at about $272,000. Finally, LPL Financial LLC bought a new stake in Auburn National Bancorporation in the 4th quarter valued at about $461,000. 39.46% of the stock is 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.