Banc Funds Co. LLC Reduces Position in Auburn National Bancorporation Inc (AUBN)

Banc Funds Co. LLC lowered its position in Auburn National Bancorporation Inc (NASDAQ:AUBN) by 34.6% during the third quarter, Holdings Channel reports. The institutional investor owned 53,878 shares of the financial services provider’s stock after selling 28,449 shares during the period. Banc Funds Co. LLC’s holdings in Auburn National Bancorporation were worth $2,065,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. BlackRock Inc. boosted its stake in Auburn National Bancorporation by 3.7% in the 3rd quarter. BlackRock Inc. now owns 104,541 shares of the financial services provider’s stock valued at $4,006,000 after purchasing an additional 3,717 shares during the period. FNY Investment Advisers LLC bought a new stake in Auburn National Bancorporation in the 3rd quarter valued at $206,000. NJ State Employees Deferred Compensation Plan boosted its stake in Auburn National Bancorporation by 57.1% in the 3rd quarter. NJ State Employees Deferred Compensation Plan now owns 11,000 shares of the financial services provider’s stock valued at $422,000 after purchasing an additional 4,000 shares during the period. Northern Trust Corp bought a new stake in Auburn National Bancorporation in the 2nd quarter valued at $1,071,000. Finally, Dimensional Fund Advisors LP boosted its stake in Auburn National Bancorporation by 5.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 30,558 shares of the financial services provider’s stock valued at $1,516,000 after purchasing an additional 1,611 shares during the period. Institutional investors own 12.08% of the company’s stock.

AUBN opened at $38.09 on Friday. The firm has a market capitalization of $140.00 million, a P/E ratio of 16.28 and a beta of 0.07. Auburn National Bancorporation Inc has a 1 year low of $35.00 and a 1 year high of $53.96.

Auburn National Bancorporation (NASDAQ:AUBN) last released its quarterly earnings results on Friday, November 2nd. The financial services provider reported $0.54 earnings per share (EPS) for the quarter. The business had revenue of $7.21 million during the quarter. Auburn National Bancorporation had a return on equity of 10.09% and a net margin of 25.65%.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 27th. Investors of record on Monday, December 10th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Friday, December 7th. This represents a $0.96 annualized dividend and a yield of 2.52%.

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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's deposit products include 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; residential mortgage lending services; and other financial services.

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Want to see what other hedge funds are holding AUBN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Auburn National Bancorporation Inc (NASDAQ:AUBN).

Institutional Ownership by Quarter for Auburn National Bancorporation (NASDAQ:AUBN)

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