Auburn National Bancorporation (NASDAQ:AUBN) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a research report sent to investors on Friday. The firm issued a hold rating on the financial services provider’s stock.

Auburn National Bancorporation Trading Up 2.1 %

AUBN stock opened at $23.48 on Friday. Auburn National Bancorporation has a 1-year low of $16.48 and a 1-year high of $25.25. The business’s 50 day moving average is $22.10 and its 200-day moving average is $20.10. The firm has a market cap of $82.04 million, a P/E ratio of 93.92 and a beta of 0.56.

Institutional Investors Weigh In On Auburn National Bancorporation

Several hedge funds and other institutional investors have recently made changes to their positions in AUBN. Captrust Financial Advisors bought a new stake in shares of Auburn National Bancorporation during the third quarter worth approximately $211,000. RBF Capital LLC bought a new position in shares of Auburn National Bancorporation in the 3rd quarter worth $229,000. Empowered Funds LLC increased its holdings in 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 valued at $243,000 after purchasing an additional 536 shares during the last quarter. Geode Capital Management LLC increased its holdings 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 valued at $535,000 after purchasing an additional 1,429 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its holdings 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 worth $650,000 after buying an additional 3,691 shares during the last quarter. 39.46% of the stock is owned by institutional investors and hedge funds.

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.