Morgan Dempsey Capital Management LLC acquired a new position in Auburn National Bancorporation, Inc. (NASDAQ:AUBN) during the second quarter, Holdings Channel reports. The fund acquired 19,234 shares of the financial services provider’s stock, valued at approximately $712,000.

Shares of Auburn National Bancorporation, Inc. (AUBN) opened at 35.76 on Thursday. The company’s 50 day moving average price is $36.54 and its 200-day moving average price is $34.18. Auburn National Bancorporation, Inc. has a 52 week low of $27.14 and a 52 week high of $37.81. The stock has a market capitalization of $130.27 million, a PE ratio of 16.46 and a beta of 0.23.

Auburn National Bancorporation (NASDAQ:AUBN) last released its earnings results on Monday, July 24th. The financial services provider reported $0.55 EPS for the quarter. The firm had revenue of $6.89 million during the quarter. Auburn National Bancorporation had a return on equity of 9.43% and a net margin of 26.10%. Equities research analysts predict that Auburn National Bancorporation, Inc. will post $1.48 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Friday, September 8th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date of this dividend is Thursday, September 7th. Auburn National Bancorporation’s dividend payout ratio (DPR) is 42.20%.

TRADEMARK VIOLATION NOTICE: “19,234 Shares in Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Acquired by Morgan Dempsey Capital Management LLC” was published by Watch List News and is the property of of Watch List News. If you are viewing this article on another site, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this article can be accessed at https://www.watchlistnews.com/19234-shares-in-auburn-national-bancorporation-inc-nasdaqaubn-acquired-by-morgan-dempsey-capital-management-llc/1469556.html.

In other news, major shareholder Emil F. Wright, Jr. sold 1,000 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $36.00, for a total value of $36,000.00. Following the completion of the sale, the insider now directly owns 276,200 shares of the company’s stock, valued at approximately $9,943,200. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 24.58% of the stock is owned by insiders.

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.

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).

Receive News & Ratings for Auburn National Bancorporation Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Auburn National Bancorporation Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.