Auburn National Bancorporation (NASDAQ:AUBN) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a research note issued on Sunday. The firm set a “hold” rating on the financial services provider’s stock.

Auburn National Bancorporation Stock Up 0.3 %

Shares of NASDAQ:AUBN opened at $23.92 on Friday. The business has a 50-day moving average price of $22.54 and a 200-day moving average price of $20.41. The stock has a market cap of $83.58 million, a price-to-earnings ratio of 95.68 and a beta of 0.56. Auburn National Bancorporation has a 52-week low of $16.48 and a 52-week high of $25.40.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AUBN. Captrust Financial Advisors purchased a new stake in shares of Auburn National Bancorporation in the third quarter worth about $211,000. RBF Capital LLC acquired a new position in Auburn National Bancorporation in the third quarter valued at approximately $229,000. Empowered Funds LLC boosted its position in Auburn National Bancorporation by 5.3% in the 3rd 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. Geode Capital Management LLC grew its stake 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 worth $535,000 after purchasing an additional 1,429 shares during the period. Finally, Aptus Capital Advisors LLC increased its holdings 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 purchasing an additional 3,691 shares in the last quarter. Hedge funds and other 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.