Auburn National Bancorporation (NASDAQ:AUBN) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a research note issued on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.

Auburn National Bancorporation Price Performance

Shares of NASDAQ:AUBN opened at $21.42 on Thursday. The firm has a 50 day simple moving average of $21.29 and a 200 day simple moving average of $21.89. The company has a market cap of $74.82 million, a price-to-earnings ratio of 11.64 and a beta of 0.56. Auburn National Bancorporation has a one year low of $16.48 and a one year high of $25.40.

Auburn National Bancorporation (NASDAQ:AUBN) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $0.45 earnings per share for the quarter. Auburn National Bancorporation had a return on equity of 8.20% and a net margin of 2.43%.

Hedge Funds Weigh In On Auburn National Bancorporation

Hedge funds have recently made changes to their positions in the stock. Captrust Financial Advisors acquired a new stake in shares of Auburn National Bancorporation during the third quarter worth $211,000. RBF Capital LLC acquired a new position in shares of Auburn National Bancorporation in the 3rd quarter valued at about $229,000. Geode Capital Management LLC boosted its position in shares of 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 purchasing an additional 1,429 shares in the last quarter. Empowered Funds LLC grew its stake 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 purchasing an additional 572 shares during the period. Finally, LPL Financial LLC bought a new stake in Auburn National Bancorporation in the fourth quarter worth approximately $461,000. 39.46% of the stock is currently owned by 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.