Research analysts at StockNews.com assumed coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) in a research report issued to clients and investors on Wednesday. The brokerage set a "hold" rating on the financial services provider's stock.
Auburn National Bancorporation Stock Up 2.7%
Shares of AUBN traded up $0.55 during trading on Wednesday, reaching $20.62. 665 shares of the company traded hands, compared to its average volume of 4,075. Auburn National Bancorporation has a twelve month low of $16.48 and a twelve month high of $25.40. The stock has a market cap of $72.05 million, a PE ratio of 11.21 and a beta of 0.36. The stock has a 50-day simple moving average of $20.49 and a 200-day simple moving average of $21.63.
Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $0.44 earnings per share for the quarter. Auburn National Bancorporation had a net margin of 2.43% and a return on equity of 8.20%. The business had revenue of $7.79 million during the quarter.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its stake in shares of 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 purchasing an additional 523 shares during the period. Bridgeway Capital Management LLC boosted its stake in shares of Auburn National Bancorporation by 1.9% in the fourth 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 during the period. Empowered Funds LLC boosted its stake in shares of Auburn National Bancorporation by 5.4% in the fourth 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. Wealthedge Investment Advisors LLC purchased a new position in shares of Auburn National Bancorporation in the fourth quarter valued at approximately $272,000. Finally, LPL Financial LLC purchased a new position in shares of Auburn National Bancorporation in the fourth quarter valued at approximately $461,000. Hedge funds and other institutional investors own 39.46% of the company's stock.
About Auburn National Bancorporation
(
Get Free Report)
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.
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