Auburn National Bancorporation (NASDAQ:AUBN) Stock Passes Above 200 Day Moving Average – Here’s Why

Shares of Auburn National Bancorporation, Inc. (NASDAQ:AUBN) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $25.01 and traded as high as $26.13. Auburn National Bancorporation shares last traded at $26.13, with a volume of 853 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Auburn National Bancorporation in a report on Friday, July 17th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Auburn National Bancorporation Trading Up 2.9%

The company has a market cap of $93.68 million, a PE ratio of 11.17 and a beta of 0.43. The stock has a 50 day moving average price of $26.38 and a 200 day moving average price of $25.03.

Auburn National Bancorporation (NASDAQ:AUBN) last posted its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. The business had revenue of $8.77 million during the quarter. Auburn National Bancorporation had a return on equity of 9.10% and a net margin of 18.60%.

Auburn National Bancorporation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Thursday, September 10th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Thursday, September 10th. Auburn National Bancorporation’s dividend payout ratio (DPR) is presently 44.81%.

Institutional Investors Weigh In On Auburn National Bancorporation

Several hedge funds have recently bought and sold shares of AUBN. Empowered Funds LLC lifted its holdings in shares of Auburn National Bancorporation by 8.4% during the first quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider’s stock valued at $261,000 after purchasing an additional 935 shares during the last quarter. Bridgeway Capital Management LLC increased its position in Auburn National Bancorporation by 2.1% during the 2nd quarter. Bridgeway Capital Management LLC now owns 28,693 shares of the financial services provider’s stock valued at $743,000 after buying an additional 588 shares in the last quarter. Vanguard Group Inc. increased its position in Auburn National Bancorporation by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 77,085 shares of the financial services provider’s stock valued at $2,090,000 after buying an additional 2,402 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Auburn National Bancorporation by 1.0% during the third quarter. Dimensional Fund Advisors LP now owns 41,808 shares of the financial services provider’s stock valued at $1,133,000 after buying an additional 407 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake 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 valued at $691,000 after buying an additional 439 shares during the last quarter. Institutional investors 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.