Auburn National Bancorporation (NASDAQ:AUBN) Shares Pass Above 200-Day Moving Average – Time to Sell?

Auburn National Bancorporation, Inc. (NASDAQ:AUBN)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Auburn National Bancorporation in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Auburn National Bancorporation Trading Down 1.0%

The firm has a fifty day simple moving average of $24.15 and a 200-day simple moving average of $24.79. The stock has a market cap of $86.84 million, a price-to-earnings ratio of 10.96 and a beta of 0.43.

Auburn National Bancorporation (NASDAQ:AUBN) last posted 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 return on equity of 8.78% and a net margin of 17.79%.The firm had revenue of $8.63 million for the quarter.

Auburn National Bancorporation Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Wednesday, June 10th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend 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 currently 47.58%.

Auburn National Bancorporation announced that its board has approved a share repurchase 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 shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Institutional Trading of Auburn National Bancorporation

A number of institutional investors have recently bought and sold shares of AUBN. M3F Inc. acquired a new stake in Auburn National Bancorporation during the 1st quarter worth $218,000. Empowered Funds LLC grew its holdings in Auburn National Bancorporation by 8.4% during the 1st quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider’s stock worth $261,000 after acquiring an additional 935 shares during the period. Geode Capital Management LLC grew its holdings in Auburn National Bancorporation by 1.7% during the 4th 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 during the period. Bridgeway Capital Management LLC grew its holdings 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 worth $743,000 after acquiring an additional 588 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Auburn National Bancorporation by 1.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 41,808 shares of the financial services provider’s stock worth $1,133,000 after acquiring an additional 407 shares during the period. 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.