Auburn National Bancorporation (NASDAQ:AUBN) Shares Pass Above 200 Day Moving Average – What’s Next?

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $25.11 and traded as high as $26.54. Auburn National Bancorporation shares last traded at $26.54, with a volume of 1,454 shares changing hands.

Analyst Upgrades and Downgrades

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

Auburn National Bancorporation Price Performance

The firm’s fifty day moving average price is $26.54 and its two-hundred day moving average price is $25.11. The stock has a market cap of $92.36 million, a price-to-earnings ratio of 11.01 and a beta of 0.42.

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

Auburn National Bancorporation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.27 per share. The ex-dividend date is Thursday, September 10th. This represents a $1.08 annualized dividend and a dividend yield of 4.1%. Auburn National Bancorporation’s payout ratio is currently 44.81%.

Institutional Trading of Auburn National Bancorporation

Hedge funds have recently bought and sold shares of the business. M3F Inc. acquired a new position in Auburn National Bancorporation during the first quarter worth $218,000. BlackRock Inc. acquired a new position in shares of Auburn National Bancorporation during the second quarter valued at about $280,000. Empowered Funds LLC grew 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 buying an additional 935 shares during the last quarter. Geode Capital Management LLC increased its position in shares of 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 acquiring an additional 439 shares in the last quarter. Finally, Bridgeway Capital Management LLC increased its position in shares of Auburn National Bancorporation by 2.1% during the second quarter. Bridgeway Capital Management LLC now owns 28,693 shares of the financial services provider’s stock worth $743,000 after acquiring an additional 588 shares in the last quarter. Institutional investors and hedge funds own 39.46% of the company’s stock.

About Auburn National Bancorporation

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.