Auburn National Bancorporation (NASDAQ:AUBN) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Auburn National Bancorporation, Inc. (NASDAQ:AUBN)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $24.79 and traded as high as $25.09. Auburn National Bancorporation shares last traded at $24.8830, with a volume of 800 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Auburn National Bancorporation in a research report on Monday, April 20th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Auburn National Bancorporation Price Performance

The company’s 50-day moving average price is $24.19 and its 200-day moving average price is $24.79. The company has a market cap of $87.86 million, a P/E ratio of 11.09 and a beta of 0.43.

Auburn National Bancorporation (NASDAQ:AUBN) last issued its quarterly earnings data on Wednesday, May 13th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter. Auburn National Bancorporation had a net margin of 17.79% and a return on equity of 8.78%. The company had revenue of $8.63 million during the quarter.

Auburn National Bancorporation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Wednesday, June 10th will be issued a dividend of $0.27 per share. The ex-dividend date is Wednesday, June 10th. This represents a $1.08 annualized dividend and a yield of 4.3%. Auburn National Bancorporation’s dividend payout ratio is presently 47.58%.

Auburn National Bancorporation declared that its Board of Directors has approved a stock buyback program on Tuesday, March 17th that allows the company to buyback $5.00 million in shares. This buyback authorization allows the financial services provider to reacquire up to 6.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Empowered Funds LLC boosted its holdings in Auburn National Bancorporation by 9.5% during the first quarter. Empowered Funds LLC now owns 16,781 shares of the financial services provider’s stock worth $400,000 after purchasing an additional 1,451 shares during the last quarter. M3F Inc. acquired a new position in Auburn National Bancorporation during the first quarter worth $218,000. Bridgeway Capital Management LLC boosted its holdings in Auburn National Bancorporation by 2.6% during the fourth quarter. Bridgeway Capital Management LLC now owns 30,830 shares of the financial services provider’s stock worth $831,000 after purchasing an additional 784 shares during the last quarter. Truffle Hound Capital LLC boosted its holdings in Auburn National Bancorporation by 7.3% during the fourth quarter. Truffle Hound Capital LLC now owns 50,000 shares of the financial services provider’s stock worth $1,348,000 after purchasing an additional 3,420 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Auburn National Bancorporation by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 25,632 shares of the financial services provider’s stock worth $691,000 after purchasing an additional 439 shares during the last quarter. Institutional investors and hedge funds own 39.46% of the company’s stock.

Auburn National Bancorporation Company Profile

Auburn National Bancorporation is a bank holding company headquartered in Auburn, Alabama. It operates through its wholly owned subsidiary, AuburnBank, providing a comprehensive suite of financial services to individuals, businesses and municipalities throughout central and eastern Alabama.

The company’s retail banking offerings include checking and savings accounts, consumer and mortgage lending, online and mobile banking, and wealth management services. On the commercial side, AuburnBank delivers business checking, commercial real estate financing, equipment loans and cash management solutions tailored to support the growth and operational needs of local enterprises.

Serving primarily the Auburn–Opelika metropolitan area and surrounding counties, Auburn National Bancorporation leverages deep community ties and regional expertise to craft banking solutions that meet the unique needs of its customers.