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

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

Auburn National Bancorporation Trading Up 0.5 %

Auburn National Bancorporation stock opened at $20.55 on Friday. Auburn National Bancorporation has a 52 week low of $16.48 and a 52 week high of $25.40. The stock has a market cap of $71.80 million, a price-to-earnings ratio of 11.17 and a beta of 0.52. The company’s 50-day moving average price is $22.18 and its two-hundred day moving average price is $21.48.

Auburn National Bancorporation (NASDAQ:AUBN) last posted 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 net margin of 2.43% and a return on equity of 8.20%.

Institutional Investors Weigh In On Auburn National Bancorporation

A number of institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Auburn National Bancorporation by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 39,624 shares of the financial services provider’s stock valued at $931,000 after buying an additional 523 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Auburn National Bancorporation by 5.3% in the third quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider’s stock worth $243,000 after buying an additional 536 shares during the last quarter. Bridgeway Capital Management LLC raised its position in shares of Auburn National Bancorporation by 1.9% in the fourth quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider’s stock valued at $720,000 after purchasing an additional 572 shares during the period. Geode Capital Management LLC lifted its stake in shares of 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 buying an additional 1,429 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its holdings in shares of Auburn National Bancorporation by 14.9% during the 3rd 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 during the period. Institutional investors and hedge funds own 39.46% of the company’s stock.

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.