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

Research analysts at StockNews.com assumed coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.

Auburn National Bancorporation Stock Performance

AUBN stock opened at $22.97 on Thursday. Auburn National Bancorporation has a one year low of $16.48 and a one year high of $25.25. The stock has a market capitalization of $80.17 million, a P/E ratio of 91.89 and a beta of 0.56. The company has a 50 day moving average price of $21.99 and a two-hundred day moving average price of $19.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Captrust Financial Advisors purchased a new stake in shares of Auburn National Bancorporation during the 3rd quarter valued at $211,000. RBF Capital LLC purchased a new stake in Auburn National Bancorporation during the third quarter valued at about $229,000. Empowered Funds LLC increased its stake in 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 last quarter. Geode Capital Management LLC raised its holdings in shares of 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 worth $535,000 after purchasing an additional 1,429 shares during the period. Finally, Aptus Capital Advisors LLC increased its position 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 purchasing an additional 3,691 shares in the last quarter. Institutional investors and hedge funds 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.