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

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

Auburn National Bancorporation Stock Performance

AUBN opened at $22.00 on Tuesday. The stock has a market capitalization of $76.76 million, a PE ratio of 87.98 and a beta of 0.52. Auburn National Bancorporation has a 1 year low of $16.48 and a 1 year high of $25.40. The company’s 50 day simple moving average is $22.94 and its 200 day simple moving average is $20.87.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in shares of Auburn National Bancorporation by 6.5% during the third 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 in the last quarter. Captrust Financial Advisors acquired a new position in shares of Auburn National Bancorporation during the third quarter worth $211,000. Empowered Funds LLC lifted its position in shares of 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 purchasing an additional 536 shares in the last quarter. Aptus Capital Advisors LLC lifted its position in shares of 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 worth $650,000 after purchasing an additional 3,691 shares in the last quarter. Finally, RBF Capital LLC acquired a new position in shares of Auburn National Bancorporation during the third quarter worth $229,000. 39.46% of the stock is owned by institutional investors and hedge funds.

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.