Shares of Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $21.97 and traded as high as $27.05. Auburn National Bancorporation shares last traded at $26.90, with a volume of 1,443 shares traded.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen started coverage on Auburn National Bancorporation in a report on Thursday, May 22nd. They set a "hold" rating for the company.
Get Our Latest Report on Auburn National Bancorporation
Auburn National Bancorporation Stock Performance
The stock has a market capitalization of $93.88 million, a price-to-earnings ratio of 14.08 and a beta of 0.45. The business has a fifty day simple moving average of $24.08 and a 200 day simple moving average of $21.97.
Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last released 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 15.35% and a return on equity of 8.12%. The business had revenue of $8.13 million for the quarter.
Auburn National Bancorporation Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Tuesday, June 10th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Tuesday, June 10th. Auburn National Bancorporation's payout ratio is presently 56.54%.
Hedge Funds Weigh In On Auburn National Bancorporation
A number of hedge funds have recently added to or reduced their stakes in the stock. Fourthstone LLC bought a new stake in shares of Auburn National Bancorporation during the 4th quarter valued at $870,000. LPL Financial LLC acquired a new position in Auburn National Bancorporation in the fourth quarter valued at about $461,000. Wealthedge Investment Advisors LLC bought a new stake in Auburn National Bancorporation during the fourth quarter worth about $272,000. Empowered Funds LLC lifted its position in 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 purchasing an additional 935 shares during the period. Finally, Bridgeway Capital Management LLC grew its stake in 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 buying an additional 572 shares in the last quarter. Institutional investors own 39.46% of the company's stock.
About Auburn National Bancorporation
(
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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.
Further Reading
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