37,034 Shares in Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Bought by Fourthstone LLC

Fourthstone LLC bought a new position in shares of Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 37,034 shares of the financial services provider's stock, valued at approximately $870,000. Fourthstone LLC owned approximately 1.06% of Auburn National Bancorporation as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of AUBN. LPL Financial LLC bought a new position in shares of Auburn National Bancorporation in the 4th quarter valued at about $461,000. Geode Capital Management LLC raised its position in shares of Auburn National Bancorporation by 6.5% in 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 in the last quarter. Finally, Empowered Funds LLC grew its holdings in shares of Auburn National Bancorporation by 5.4% during the 4th 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 in the last quarter. 39.46% of the stock is currently owned by institutional investors.

Auburn National Bancorporation Price Performance

Shares of AUBN traded down $0.10 during mid-day trading on Tuesday, hitting $19.84. The stock had a trading volume of 762 shares, compared to its average volume of 4,263. Auburn National Bancorporation, Inc. has a 52 week low of $16.48 and a 52 week high of $25.40. The firm has a market cap of $69.32 million, a P/E ratio of 10.78 and a beta of 0.35. The business has a fifty day moving average price of $20.86 and a 200-day moving average price of $21.77.

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 return on equity of 8.20% and a net margin of 2.43%.

Auburn National Bancorporation Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.08 annualized dividend and a dividend yield of 5.44%. Auburn National Bancorporation's dividend payout ratio is currently 58.70%.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Auburn National Bancorporation in a research report on Sunday. They set a "hold" rating for the company.

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.