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 report issued on Tuesday. The firm issued a hold rating on the financial services provider’s stock.

Auburn National Bancorporation Trading Up 2.8 %

NASDAQ AUBN opened at $20.94 on Tuesday. Auburn National Bancorporation has a 12 month low of $16.48 and a 12 month high of $25.40. The stock has a 50-day simple moving average of $21.56 and a 200 day simple moving average of $21.71. The company has a market capitalization of $73.16 million, a PE ratio of 11.38 and a beta of 0.56.

Auburn National Bancorporation (NASDAQ:AUBN) last announced its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $0.45 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 company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.16%. Auburn National Bancorporation’s dividend payout ratio is 58.70%.

Institutional Trading of Auburn National Bancorporation

Several hedge funds have recently added to or reduced their stakes in AUBN. Captrust Financial Advisors acquired a new position in Auburn National Bancorporation in the third quarter valued at about $211,000. RBF Capital LLC acquired a new position in shares of Auburn National Bancorporation in the 3rd quarter valued at approximately $229,000. Empowered Funds LLC increased its stake in Auburn National Bancorporation by 5.3% during the 3rd 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. Wealthedge Investment Advisors LLC acquired a new stake in Auburn National Bancorporation during the 4th quarter worth approximately $272,000. Finally, LPL Financial LLC acquired a new stake in Auburn National Bancorporation during the 4th quarter worth approximately $461,000. Institutional investors and hedge funds own 39.46% of the company’s stock.

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.