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

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

Auburn National Bancorporation Stock Performance

Auburn National Bancorporation stock opened at $21.24 on Friday. The company has a market capitalization of $74.21 million, a price-to-earnings ratio of 11.54 and a beta of 0.35. The company’s 50 day simple moving average is $21.17 and its 200-day simple moving average is $21.97. Auburn National Bancorporation has a 1 year low of $16.48 and a 1 year high of $25.40.

Auburn National Bancorporation (NASDAQ:AUBN) 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 company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Monday, March 10th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date of this dividend was Monday, March 10th. Auburn National Bancorporation’s dividend payout ratio (DPR) is 58.70%.

Institutional Trading of Auburn National Bancorporation

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in shares of Auburn National Bancorporation by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 39,624 shares of the financial services provider’s stock valued at $931,000 after purchasing an additional 523 shares in the last quarter. Bridgeway Capital Management LLC grew its stake in shares of Auburn National Bancorporation by 1.9% in the fourth quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider’s stock worth $720,000 after acquiring an additional 572 shares in the last quarter. Empowered Funds LLC increased its position 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 worth $262,000 after acquiring an additional 572 shares during the period. Geode Capital Management LLC increased its position in shares of Auburn National Bancorporation by 6.5% during the third quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock worth $535,000 after acquiring an additional 1,429 shares during the period. Finally, Captrust Financial Advisors acquired a new stake in shares of Auburn National Bancorporation in the third quarter valued at $211,000. 39.46% of the stock is currently owned by hedge funds and other 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.