Suntrust Banks Inc. Has $1,460,000 Holdings in Auburn National Bancorporation, Inc. (AUBN)
Suntrust Banks Inc. held its position in shares of Auburn National Bancorporation, Inc. (NASDAQ:AUBN) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,527 shares of the financial services provider’s stock at the close of the 2nd quarter. Suntrust Banks Inc. owned approximately 1.09% of Auburn National Bancorporation worth $1,460,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. John W. Rosenthal Capital Management Inc. purchased a new position in Auburn National Bancorporation during the second quarter worth about $373,000. Kennedy Capital Management Inc. raised its holdings in shares of Auburn National Bancorporation by 1.0% in the 2nd quarter. Kennedy Capital Management Inc. now owns 15,562 shares of the financial services provider’s stock valued at $575,000 after acquiring an additional 151 shares in the last quarter. Finally, Morgan Dempsey Capital Management LLC purchased a new stake in shares of Auburn National Bancorporation in the 2nd quarter valued at about $712,000. Institutional investors and hedge funds own 7.12% of the company’s stock.
In other Auburn National Bancorporation news, Chairman Edward L. Spencer, Jr. purchased 14,800 shares of the firm’s stock in a transaction on Tuesday, September 5th. The shares were acquired at an average cost of $35.80 per share, with a total value of $529,840.00. Following the completion of the acquisition, the chairman now directly owns 649,006 shares in the company, valued at $23,234,414.80. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Anne M. May acquired 2,700 shares of the stock in a transaction dated Thursday, August 31st. The stock was acquired at an average price of $35.80 per share, for a total transaction of $96,660.00. Following the completion of the transaction, the director now directly owns 33,311 shares of the company’s stock, valued at $1,192,533.80. The disclosure for this purchase can be found here. Insiders purchased a total of 17,622 shares of company stock valued at $630,938 in the last ninety days. 24.58% of the stock is currently owned by insiders.
Shares of Auburn National Bancorporation, Inc. (NASDAQ:AUBN) opened at 35.00 on Tuesday. The firm has a 50 day moving average price of $35.75 and a 200 day moving average price of $35.00. Auburn National Bancorporation, Inc. has a 12-month low of $27.26 and a 12-month high of $37.81. The stock has a market cap of $127.51 million, a PE ratio of 15.65 and a beta of 0.23.
Auburn National Bancorporation (NASDAQ:AUBN) last announced its quarterly earnings data on Monday, July 24th. The financial services provider reported $0.55 EPS for the quarter. Auburn National Bancorporation had a net margin of 26.10% and a return on equity of 9.43%. The firm had revenue of $6.89 million for the quarter. On average, equities analysts expect that Auburn National Bancorporation, Inc. will post $1.48 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Friday, September 8th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 2.63%. The ex-dividend date was Thursday, September 7th. Auburn National Bancorporation’s dividend payout ratio is currently 42.20%.
Auburn National Bancorporation Company Profile
Auburn National Bancorporation, Inc is a bank holding company. The Company operates through its subsidiary AuburnBank (the Bank), which is a commercial bank located in Auburn, Alabama. The Bank provides a range of banking services in its primary market area, Lee County, which includes the Auburn-Opelika Metropolitan Statistical Area.
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