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

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

Auburn National Bancorporation Stock Down 2.4 %

Shares of Auburn National Bancorporation stock opened at $22.50 on Monday. Auburn National Bancorporation has a 52 week low of $16.48 and a 52 week high of $25.40. The stock’s 50-day simple moving average is $22.91 and its 200-day simple moving average is $20.71. The company has a market capitalization of $78.62 million, a price-to-earnings ratio of 90.00 and a beta of 0.52.

Institutional Trading of Auburn National Bancorporation

Hedge funds have recently modified their holdings of the company. Geode Capital Management LLC lifted its position 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 worth $535,000 after buying an additional 1,429 shares during the last quarter. RBF Capital LLC purchased a new position in shares of Auburn National Bancorporation during the third quarter valued at approximately $229,000. Captrust Financial Advisors purchased a new stake in shares of Auburn National Bancorporation in the third quarter worth approximately $211,000. Empowered Funds LLC lifted its stake in shares of 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 acquiring an additional 536 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its holdings in 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 acquiring an additional 3,691 shares during the period. 39.46% of the stock is owned by hedge funds and other institutional investors.

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.