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

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

Auburn National Bancorporation Trading Up 1.1 %

Shares of Auburn National Bancorporation stock opened at $21.03 on Wednesday. The firm has a market capitalization of $73.46 million, a PE ratio of 11.43 and a beta of 0.56. The firm’s 50 day moving average is $21.37 and its 200 day moving average is $21.79. Auburn National Bancorporation has a 1 year low of $16.48 and a 1 year high of $25.40.

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

Institutional Investors Weigh In On Auburn National Bancorporation

A number of institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its holdings in Auburn National Bancorporation by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 39,624 shares of the financial services provider’s stock worth $931,000 after acquiring an additional 523 shares during the last quarter. Fourthstone LLC bought a new stake in Auburn National Bancorporation during the 4th quarter worth approximately $870,000. Bridgeway Capital Management LLC grew its holdings in Auburn National Bancorporation by 1.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider’s stock worth $720,000 after acquiring an additional 572 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 worth $535,000 after acquiring an additional 1,429 shares during the last quarter. Finally, LPL Financial LLC bought a new stake in Auburn National Bancorporation during the 4th quarter worth approximately $461,000. 39.46% of the stock is 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.