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

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

Auburn National Bancorporation Price Performance

Shares of AUBN stock opened at $23.60 on Wednesday. The company has a market cap of $82.36 million, a PE 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 stock’s 50 day simple moving average is $21.89 and its two-hundred day simple moving average is $19.72.

Institutional Investors Weigh In On Auburn National Bancorporation

Institutional investors have recently made changes to their positions in the company. Aptus Capital Advisors LLC raised its position in Auburn National Bancorporation by 14.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 28,390 shares of the financial services provider’s stock worth $650,000 after purchasing an additional 3,691 shares during the period. Geode Capital Management LLC grew its stake in shares of 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 valued at $535,000 after buying an additional 1,429 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Auburn National Bancorporation by 5.3% in the third quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider’s stock worth $243,000 after buying an additional 536 shares during the period. RBF Capital LLC bought a new stake in shares of Auburn National Bancorporation during the 3rd quarter worth approximately $229,000. Finally, Captrust Financial Advisors purchased a new position in Auburn National Bancorporation during the 3rd quarter valued at $211,000. 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.