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

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

Auburn National Bancorporation Price Performance

Shares of AUBN opened at $23.60 on Wednesday. The firm has a market cap of $82.36 million, a P/E ratio of 94.40 and a beta of 0.55. Auburn National Bancorporation has a 1 year low of $16.48 and a 1 year high of $25.25. The company has a 50 day simple moving average of $21.89 and a two-hundred day simple moving average of $19.72.

Institutional Trading of Auburn National Bancorporation

Several hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC grew its position in shares of Auburn National Bancorporation by 5.3% during 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 in the last quarter. Aptus Capital Advisors LLC boosted its stake 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 valued at $650,000 after buying an additional 3,691 shares during the last quarter. Geode Capital Management LLC grew its holdings in 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 buying an additional 1,429 shares in the last quarter. Captrust Financial Advisors purchased a new position in Auburn National Bancorporation during the 3rd quarter valued at approximately $211,000. Finally, RBF Capital LLC bought a new stake in Auburn National Bancorporation in the 3rd quarter worth approximately $229,000. 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.