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

Research analysts at StockNews.com began coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a research report issued on Saturday. The brokerage set a “hold” rating on the financial services provider’s stock.

Auburn National Bancorporation Stock Down 0.3 %

AUBN stock opened at $23.19 on Friday. Auburn National Bancorporation has a 52 week low of $16.48 and a 52 week high of $25.25. The firm has a market capitalization of $81.03 million, a P/E ratio of 92.76 and a beta of 0.56. The company has a fifty day simple moving average of $22.28 and a two-hundred day simple moving average of $20.23.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AUBN. RBF Capital LLC purchased a new stake in Auburn National Bancorporation during the third quarter valued at approximately $229,000. Captrust Financial Advisors bought a new position in shares of Auburn National Bancorporation during the 3rd quarter valued at approximately $211,000. Aptus Capital Advisors LLC raised its holdings 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 valued at $650,000 after buying an additional 3,691 shares during the period. Geode Capital Management LLC lifted its position 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 buying an additional 1,429 shares during the last quarter. Finally, Empowered Funds LLC boosted 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 buying an additional 536 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.