Auburn National Bancorporation (NASDAQ:AUBN) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a research note published on Sunday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Auburn National Bancorporation Price Performance

Shares of Auburn National Bancorporation stock opened at $21.06 on Friday. The firm has a market cap of $73.50 million, a PE ratio of 11.45 and a beta of 0.52. Auburn National Bancorporation has a 1 year low of $16.48 and a 1 year high of $25.40. The stock has a fifty day moving average price of $22.14 and a 200-day moving average price of $21.51.

Auburn National Bancorporation (NASDAQ:AUBN) last posted its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $0.45 earnings per share (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 Announces Dividend

The company 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 5.13%. The ex-dividend date is Monday, March 10th. Auburn National Bancorporation’s dividend payout ratio (DPR) is 58.70%.

Institutional Trading of Auburn National Bancorporation

Several hedge funds have recently made changes to their positions in the company. Captrust Financial Advisors purchased a new stake in Auburn National Bancorporation in the 3rd quarter worth about $211,000. RBF Capital LLC purchased a new position in shares of Auburn National Bancorporation in the third quarter worth about $229,000. Empowered Funds LLC increased its stake in shares of Auburn National Bancorporation by 5.3% in the third quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider’s stock worth $243,000 after purchasing an additional 536 shares in the last quarter. LPL Financial LLC bought a new stake in shares of Auburn National Bancorporation in the fourth quarter valued at approximately $461,000. Finally, Geode Capital Management LLC lifted its stake 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 buying an additional 1,429 shares in the last quarter. 39.46% of the stock is currently owned by institutional investors.

Auburn National Bancorporation Company Profile

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.