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

StockNews.com began coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a research report issued to clients and investors on Friday. The brokerage set a “hold” rating on the financial services provider’s stock.

Auburn National Bancorporation Trading Up 2.1 %

Shares of AUBN stock opened at $23.48 on Friday. The firm’s 50 day moving average is $22.10 and its 200 day moving average is $20.08. The stock has a market capitalization of $81.93 million, a P/E ratio of 93.90 and a beta of 0.56. Auburn National Bancorporation has a 12 month low of $16.48 and a 12 month high of $25.25.

Institutional Trading of Auburn National Bancorporation

A number of institutional investors have recently added to or reduced their stakes in AUBN. Captrust Financial Advisors purchased a new stake in Auburn National Bancorporation in the 3rd quarter worth approximately $211,000. RBF Capital LLC purchased a new position in shares of Auburn National Bancorporation during the 3rd quarter valued at $229,000. Empowered Funds LLC increased its holdings 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 purchasing an additional 536 shares during the period. Geode Capital Management LLC raised its position 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 in the last quarter. Finally, Aptus Capital Advisors LLC boosted its stake 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. 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.