19,619 Shares in Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Purchased by LPL Financial LLC

LPL Financial LLC bought a new position in Auburn National Bancorporation, Inc. (NASDAQ:AUBN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 19,619 shares of the financial services provider’s stock, valued at approximately $461,000. LPL Financial LLC owned approximately 0.56% of Auburn National Bancorporation at the end of the most recent reporting period.

Separately, Empowered Funds LLC lifted its position in Auburn National Bancorporation by 5.4% during the fourth quarter. Empowered Funds LLC now owns 11,170 shares of the financial services provider’s stock worth $262,000 after buying an additional 572 shares in the last quarter. Institutional investors and hedge funds own 39.46% of the company’s stock.

Auburn National Bancorporation Stock Performance

Shares of AUBN opened at $19.81 on Friday. The company’s 50-day simple moving average is $20.77 and its 200-day simple moving average is $21.72. The stock has a market capitalization of $69.20 million, a PE ratio of 10.76 and a beta of 0.35. Auburn National Bancorporation, Inc. has a 1 year low of $16.48 and a 1 year high of $25.40.

Auburn National Bancorporation (NASDAQ:AUBN) last posted its earnings results on Tuesday, April 22nd. The financial services provider reported $0.44 EPS for the quarter. The firm had revenue of $7.79 million for the quarter. Auburn National Bancorporation had a return on equity of 8.20% and a net margin of 2.43%.

Auburn National Bancorporation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 5.45%. The ex-dividend date of this dividend was Monday, March 10th. Auburn National Bancorporation’s payout ratio is 58.70%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Auburn National Bancorporation in a research note on Sunday, April 20th. They issued a “hold” rating for the company.

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.