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

StockNews.com assumed coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a report published on Monday morning. The firm issued a hold rating on the financial services provider’s stock.

Auburn National Bancorporation Price Performance

Shares of Auburn National Bancorporation stock opened at $22.50 on Monday. The stock has a market cap of $78.62 million, a price-to-earnings ratio of 90.00 and a beta of 0.52. The firm’s 50-day moving average is $22.91 and its two-hundred day moving average is $20.71. Auburn National Bancorporation has a 1 year low of $16.48 and a 1 year high of $25.40.

Hedge Funds Weigh In On Auburn National Bancorporation

A number of large investors have recently added to or reduced their stakes in AUBN. Empowered Funds LLC grew its stake in 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 worth $243,000 after buying an additional 536 shares during the last quarter. Geode Capital Management LLC grew its stake 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 acquiring an additional 1,429 shares during the last quarter. Aptus Capital Advisors LLC increased its holdings 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 valued at $650,000 after acquiring an additional 3,691 shares in the last quarter. Captrust Financial Advisors purchased a new position in shares of Auburn National Bancorporation in the 3rd quarter valued at approximately $211,000. Finally, RBF Capital LLC acquired a new stake in Auburn National Bancorporation in the 3rd quarter worth approximately $229,000. 39.46% of the stock is currently owned by institutional investors.

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.