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

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

Auburn National Bancorporation Trading Down 0.9 %

AUBN stock opened at $23.17 on Monday. The firm has a 50-day moving average of $22.84 and a two-hundred day moving average of $20.60. Auburn National Bancorporation has a 12 month low of $16.48 and a 12 month high of $25.40. The company has a market cap of $80.96 million, a price-to-earnings ratio of 92.68 and a beta of 0.52.

Hedge Funds Weigh In On Auburn National Bancorporation

A number of institutional investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors purchased a new stake in Auburn National Bancorporation in the 3rd quarter valued at $211,000. Empowered Funds LLC boosted 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 valued at $243,000 after acquiring an additional 536 shares during the last quarter. Aptus Capital Advisors LLC boosted its position 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 valued at $650,000 after acquiring an additional 3,691 shares during the last quarter. Geode Capital Management LLC grew its holdings 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 valued at $535,000 after purchasing an additional 1,429 shares during the period. Finally, RBF Capital LLC acquired a new stake in Auburn National Bancorporation during the third quarter worth about $229,000. Hedge funds and other institutional investors 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.