StockNews.com initiated coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN - Free Report) in a research report report published on Wednesday morning. The firm issued a hold rating on the financial services provider's stock.
Auburn National Bancorporation Trading Up 5.1 %
AUBN stock traded up $1.05 during trading on Wednesday, reaching $21.75. The stock had a trading volume of 2,730 shares, compared to its average volume of 4,442. The firm has a fifty day moving average price of $21.35 and a 200 day moving average price of $21.82. The company has a market capitalization of $75.99 million, a P/E ratio of 11.82 and a beta of 0.56. Auburn National Bancorporation has a 1-year low of $16.48 and a 1-year high of $25.40.
Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $0.45 earnings per share (EPS) 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 will be paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 4.97%. The ex-dividend date of this dividend is Monday, March 10th. Auburn National Bancorporation's dividend payout ratio is currently 58.70%.
Hedge Funds Weigh In On Auburn National Bancorporation
A number of hedge funds have recently bought and sold shares of the company. Captrust Financial Advisors acquired a new stake in Auburn National Bancorporation during the third quarter valued at approximately $211,000. RBF Capital LLC acquired a new position in Auburn National Bancorporation in the third quarter worth $229,000. Empowered Funds LLC increased its stake in Auburn National Bancorporation by 5.3% during the third quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider's stock valued at $243,000 after purchasing an additional 536 shares during the last quarter. Wealthedge Investment Advisors LLC bought a new position in shares of Auburn National Bancorporation in the 4th quarter worth about $272,000. Finally, LPL Financial LLC acquired a new position in shares of Auburn National Bancorporation in the 4th quarter valued at about $461,000. 39.46% of the stock is currently owned by institutional investors and hedge funds.
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.
Recommended Stories
Before you consider Auburn National Bancorporation, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Auburn National Bancorporation wasn't on the list.
While Auburn National Bancorporation currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
