Auburn National Bancorporation (NASDAQ:AUBN) Share Price Crosses Above 200 Day Moving Average - What's Next?

Key Points

• Auburn National Bancorporation's share price recently crossed above its 200-day moving average of $22.53, reaching a high of $27.34 before closing at $26.91.
• The company reported $0.52 EPS for the last quarter, with a net margin of 15.43% and revenue of $8.13 million.
• A quarterly dividend of $0.27 per share is set to be paid on September 25th, representing an annualized yield of 4.0% with a payout ratio of 56.54%.

Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $22.53 and traded as high as $27.34. Auburn National Bancorporation shares last traded at $26.91, with a volume of 1,616 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen assumed coverage on shares of Auburn National Bancorporation in a report on Thursday, May 22nd. They issued a "hold" rating for the company.

Auburn National Bancorporation Stock Performance

The firm's 50-day simple moving average is $25.71 and its 200 day simple moving average is $22.53. The stock has a market capitalization of $93.92 million, a P/E ratio of 14.09 and a beta of 0.51.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $0.52 EPS for the quarter. Auburn National Bancorporation had a net margin of 15.43% and a return on equity of 8.02%. The firm had revenue of $8.13 million for the quarter.

Auburn National Bancorporation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Wednesday, September 10th will be paid a dividend of $0.27 per share. The ex-dividend date is Wednesday, September 10th. This represents a $1.08 annualized dividend and a dividend yield of 4.0%. Auburn National Bancorporation's payout ratio is currently 56.54%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AUBN. Dimensional Fund Advisors LP increased its holdings in shares of Auburn National Bancorporation by 1.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 39,624 shares of the financial services provider's stock worth $931,000 after purchasing an additional 523 shares during the period. Wealthedge Investment Advisors LLC bought a new position in Auburn National Bancorporation during the fourth quarter worth $272,000. Bridgeway Capital Management LLC increased its position in shares of Auburn National Bancorporation by 1.9% during the fourth quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider's stock worth $720,000 after acquiring an additional 572 shares in the last quarter. Empowered Funds LLC increased its position 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 worth $261,000 after acquiring an additional 935 shares in the last quarter. Finally, Truffle Hound Capital LLC bought a new stake in Auburn National Bancorporation in the 2nd quarter worth about $703,000. 39.46% of the stock is owned by institutional investors.

Auburn National Bancorporation Company Profile

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.

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