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

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

Auburn National Bancorporation Stock Performance

Auburn National Bancorporation stock opened at $22.75 on Wednesday. Auburn National Bancorporation has a 52 week low of $16.48 and a 52 week high of $25.40. The stock has a market capitalization of $79.40 million, a P/E ratio of 91.00 and a beta of 0.52. The stock has a 50-day simple moving average of $22.95 and a 200 day simple moving average of $20.98.

Auburn National Bancorporation (NASDAQ:AUBN) last posted its quarterly earnings results on Tuesday, October 22nd. The financial services provider reported $0.50 EPS for the quarter. Auburn National Bancorporation had a return on equity of 1.10% and a net margin of 2.43%.

Institutional Investors Weigh In On Auburn National Bancorporation

Institutional investors have recently made changes to their positions in the company. Captrust Financial Advisors bought a new stake in shares of Auburn National Bancorporation during the third quarter worth approximately $211,000. RBF Capital LLC bought a new stake in shares of Auburn National Bancorporation during the third quarter worth approximately $229,000. Empowered Funds LLC boosted its holdings in shares of Auburn National Bancorporation by 5.3% during the third 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 period. Geode Capital Management LLC boosted its holdings 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 period. Finally, Aptus Capital Advisors LLC boosted 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 acquiring an additional 3,691 shares during the period. Institutional investors own 39.46% of the company’s stock.

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.