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

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

Auburn National Bancorporation Stock Up 0.3 %

AUBN stock opened at $23.92 on Friday. The business has a fifty day moving average of $22.54 and a 200-day moving average of $20.42. The company has a market cap of $83.58 million, a P/E ratio of 95.68 and a beta of 0.56. Auburn National Bancorporation has a twelve month low of $16.48 and a twelve month high of $25.40.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of AUBN. Empowered Funds LLC boosted its stake 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 acquiring an additional 536 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Auburn National Bancorporation by 6.5% during the 3rd quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock valued at $535,000 after acquiring an additional 1,429 shares during the last quarter. Aptus Capital Advisors LLC boosted its position in shares of Auburn National Bancorporation by 14.9% in the 3rd 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 during the last quarter. Captrust Financial Advisors acquired a new stake in shares of Auburn National Bancorporation during the third quarter worth $211,000. Finally, RBF Capital LLC acquired a new stake in shares of Auburn National Bancorporation during the third quarter worth $229,000. 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.