Auburn National Bancorporation (NASDAQ:AUBN) Earns Hold Rating from Analysts at StockNews.com

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

Auburn National Bancorporation Stock Up 1.0 %

Auburn National Bancorporation stock traded up $0.21 during midday trading on Friday, hitting $20.79. The company's stock had a trading volume of 1,663 shares, compared to its average volume of 4,448. Auburn National Bancorporation has a 12 month low of $16.48 and a 12 month high of $25.40. The company has a market capitalization of $72.65 million, a PE ratio of 11.30 and a beta of 0.35. The stock's 50-day moving average price is $21.11 and its 200-day moving average price is $21.95.

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

Auburn National Bancorporation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Monday, March 10th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.19%. The ex-dividend date was Monday, March 10th. Auburn National Bancorporation's payout ratio is 58.70%.

Institutional Investors Weigh In On Auburn National Bancorporation

Several hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP raised 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 buying an additional 523 shares during the period. Bridgeway Capital Management LLC raised its holdings in shares of Auburn National Bancorporation by 1.9% during the fourth quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider's stock valued at $720,000 after acquiring an additional 572 shares during the period. Empowered Funds LLC raised its holdings in shares of Auburn National Bancorporation by 5.4% during the fourth quarter. Empowered Funds LLC now owns 11,170 shares of the financial services provider's stock valued at $262,000 after acquiring an additional 572 shares during the period. Geode Capital Management LLC lifted its position in shares of Auburn National Bancorporation by 6.5% in the 3rd quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider's stock valued at $535,000 after acquiring an additional 1,429 shares in the last quarter. Finally, Captrust Financial Advisors acquired a new position in Auburn National Bancorporation in the 3rd quarter worth approximately $211,000. 39.46% of the stock is owned by hedge funds and other institutional investors.

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.