Auburn National Bancorporation (NASDAQ:AUBN) Earns Hold Rating from Analysts 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 0.3 %

Shares of AUBN stock opened at $22.82 on Wednesday. The stock has a fifty day moving average of $22.97 and a 200 day moving average of $21.02. The firm has a market capitalization of $79.64 million, a price-to-earnings ratio of 91.28 and a beta of 0.52. Auburn National Bancorporation has a 52 week low of $16.48 and a 52 week high of $25.40.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in AUBN. Empowered Funds LLC lifted its stake in shares of 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 purchasing an additional 536 shares during the period. Geode Capital Management LLC raised its holdings in Auburn National Bancorporation by 6.5% in the third 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. Aptus Capital Advisors LLC lifted its position in 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 valued at $650,000 after buying an additional 3,691 shares during the period. Captrust Financial Advisors bought a new stake in shares of Auburn National Bancorporation during the 3rd quarter valued at $211,000. Finally, RBF Capital LLC purchased a new stake in shares of Auburn National Bancorporation in the 3rd quarter worth about $229,000. Hedge funds and other 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.