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

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

Auburn National Bancorporation Price Performance

Auburn National Bancorporation stock opened at $23.92 on Friday. The firm has a market capitalization of $83.58 million, a P/E ratio of 95.68 and a beta of 0.56. The stock has a fifty day moving average price of $22.54 and a two-hundred day moving average price of $20.42. Auburn National Bancorporation has a 52-week low of $16.48 and a 52-week high of $25.40.

Hedge Funds Weigh In On Auburn National Bancorporation

Institutional investors have recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC increased its holdings in shares of Auburn National Bancorporation by 14.9% during the third quarter. Aptus Capital Advisors LLC now owns 28,390 shares of the financial services provider’s stock worth $650,000 after buying an additional 3,691 shares in the last quarter. Empowered Funds LLC grew its position in Auburn National Bancorporation by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider’s stock worth $243,000 after acquiring an additional 536 shares during the last quarter. Captrust Financial Advisors bought a new stake in Auburn National Bancorporation during the 3rd quarter worth approximately $211,000. RBF Capital LLC acquired a new stake in Auburn National Bancorporation during the 3rd quarter valued at $229,000. Finally, Geode Capital Management LLC raised its position in Auburn National Bancorporation by 6.5% in the 3rd quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock valued at $535,000 after purchasing an additional 1,429 shares during the last quarter. 39.46% of the stock is 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.