StockNews.com Initiates Coverage on Auburn National Bancorporation (NASDAQ:AUBN)

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

Auburn National Bancorporation Price Performance

AUBN stock opened at $23.48 on Friday. The stock has a market capitalization of $82.04 million, a P/E ratio of 93.92 and a beta of 0.56. Auburn National Bancorporation has a fifty-two week low of $16.48 and a fifty-two week high of $25.25. The business has a 50-day moving average of $22.10 and a 200-day moving average of $20.10.

Hedge Funds Weigh In On Auburn National Bancorporation

A number of large investors have recently made changes to their positions in the company. Captrust Financial Advisors acquired a new position in shares of Auburn National Bancorporation during the third quarter worth $211,000. RBF Capital LLC bought a new stake in Auburn National Bancorporation during the third quarter valued at $229,000. Empowered Funds LLC grew its holdings in 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 period. Geode Capital Management LLC grew its stake in Auburn National Bancorporation by 6.5% during the third 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 boosted 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 worth $650,000 after buying an additional 3,691 shares in the last quarter. Institutional investors own 39.46% of the company’s stock.

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.