Auburn National Bancorporation (NASDAQ:AUBN) Earns Hold Rating from Analysts at StockNews.com

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

Auburn National Bancorporation Price Performance

Auburn National Bancorporation stock opened at $21.93 on Friday. Auburn National Bancorporation has a 12-month low of $16.48 and a 12-month high of $25.40. The company has a market capitalization of $76.61 million, a price-to-earnings ratio of 11.92 and a beta of 0.52. The firm’s fifty day moving average price is $22.70 and its 200 day moving average price is $21.27.

Auburn National Bancorporation (NASDAQ:AUBN) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter. Auburn National Bancorporation had a return on equity of 8.20% and a net margin of 2.43%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AUBN. Aptus Capital Advisors LLC grew its stake in 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 last quarter. Empowered Funds LLC raised its position in shares of 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 buying an additional 536 shares in the last quarter. Captrust Financial Advisors acquired a new stake in Auburn National Bancorporation in the third quarter worth approximately $211,000. RBF Capital LLC acquired a new stake in shares of Auburn National Bancorporation in the third quarter valued at $229,000. Finally, Geode Capital Management LLC boosted its position in shares of Auburn National Bancorporation by 6.5% during 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 in the last quarter. 39.46% of the stock is currently owned by institutional investors.

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.