StockNews.com began coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN - Free Report) in a research report sent to investors on Friday. The brokerage issued a hold rating on the financial services provider's stock.
Auburn National Bancorporation Trading Up 2.1 %
Shares of AUBN traded up $0.48 during midday trading on Friday, reaching $23.48. The stock had a trading volume of 2,593 shares, compared to its average volume of 4,252. The company has a market capitalization of $81.93 million, a price-to-earnings ratio of 88.88 and a beta of 0.56. The company's 50-day moving average is $22.07 and its 200 day moving average is $20.05. Auburn National Bancorporation has a 12-month low of $16.48 and a 12-month high of $25.25.
Institutional Investors Weigh In On Auburn National Bancorporation
A number of hedge funds have recently made changes to their positions in AUBN. Geode Capital Management LLC grew its holdings 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 during the last quarter. RBF Capital LLC purchased a new position in shares of Auburn National Bancorporation in the third quarter worth about $229,000. Captrust Financial Advisors bought a new stake in shares of Auburn National Bancorporation in the 3rd quarter valued at about $211,000. Empowered Funds LLC lifted its stake in shares of Auburn National Bancorporation by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider's stock valued at $243,000 after acquiring an additional 536 shares during the last quarter. Finally, Aptus Capital Advisors LLC grew its position in Auburn National Bancorporation by 14.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 28,390 shares of the financial services provider's stock worth $650,000 after acquiring an additional 3,691 shares during the last quarter. 39.46% of the stock is currently owned by institutional investors.
About Auburn National Bancorporation
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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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