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

StockNews.com started coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN - Free Report) in a research note released on Monday. The firm issued a hold rating on the financial services provider's stock.

Auburn National Bancorporation Stock Performance

AUBN traded up $0.06 during trading on Monday, reaching $20.15. 171 shares of the company's stock were exchanged, compared to its average volume of 4,197. The company's fifty day moving average price is $20.70 and its 200-day moving average price is $21.69. The firm has a market capitalization of $70.40 million, a PE ratio of 10.95 and a beta of 0.35. Auburn National Bancorporation has a fifty-two week low of $16.48 and a fifty-two week high of $25.40.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $0.44 EPS for the quarter. Auburn National Bancorporation had a return on equity of 8.20% and a net margin of 2.43%. The business had revenue of $7.79 million during the quarter.

Auburn National Bancorporation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were issued a $0.27 dividend. The ex-dividend date was Monday, March 10th. This represents a $1.08 annualized dividend and a yield of 5.36%. Auburn National Bancorporation's dividend payout ratio (DPR) is presently 57.14%.

Institutional Trading of Auburn National Bancorporation

A number of large investors have recently made changes to their positions in AUBN. Dimensional Fund Advisors LP grew its stake in Auburn National Bancorporation by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 39,624 shares of the financial services provider's stock valued at $931,000 after acquiring an additional 523 shares during the period. Bridgeway Capital Management LLC lifted its holdings in shares of 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 valued at $720,000 after purchasing an additional 572 shares in the last quarter. Empowered Funds LLC grew its position in shares of Auburn National Bancorporation by 5.4% in the 4th quarter. Empowered Funds LLC now owns 11,170 shares of the financial services provider's stock valued at $262,000 after purchasing an additional 572 shares during the period. Geode Capital Management LLC increased its stake 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 purchasing an additional 1,429 shares in the last quarter. Finally, Wealthedge Investment Advisors LLC acquired a new stake in Auburn National Bancorporation during the 4th quarter worth approximately $272,000. 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.