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

Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $21.43 and traded as high as $21.72. Auburn National Bancorporation shares last traded at $22.05, with a volume of 1,659 shares changing hands.

Analyst Ratings Changes

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

Auburn National Bancorporation Stock Performance

The company has a market cap of $80.03 million, a P/E ratio of 12.13 and a beta of 0.32. The business's 50-day moving average price is $20.60 and its 200 day moving average price is $21.42.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. The business had revenue of $7.79 million during the quarter. Auburn National Bancorporation had a net margin of 15.35% and a return on equity of 8.17%.

Auburn National Bancorporation Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Tuesday, June 10th will be paid a dividend of $0.27 per share. The ex-dividend date is Tuesday, June 10th. This represents a $1.08 annualized dividend and a dividend yield of 4.71%. Auburn National Bancorporation's dividend payout ratio is currently 57.14%.

Institutional Investors Weigh In On Auburn National Bancorporation

Large investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its holdings in shares of Auburn National Bancorporation by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 39,624 shares of the financial services provider's stock valued at $931,000 after purchasing an additional 523 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of Auburn National Bancorporation by 5.4% during the 4th quarter. Empowered Funds LLC now owns 11,170 shares of the financial services provider's stock worth $262,000 after buying an additional 572 shares during the last quarter. Bridgeway Capital Management LLC boosted its holdings in shares of Auburn National Bancorporation by 1.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider's stock worth $720,000 after buying an additional 572 shares during the period. Wealthedge Investment Advisors LLC acquired a new position in Auburn National Bancorporation in the 4th quarter valued at about $272,000. Finally, LPL Financial LLC acquired a new position in Auburn National Bancorporation in the 4th quarter valued at about $461,000. Institutional investors own 39.46% of the company's stock.

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.