Auburn National Bancorporation (NASDAQ:AUBN) Share Price Passes Above 200 Day Moving Average - Time to Sell?

Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $21.48 and traded as high as $22.75. Auburn National Bancorporation shares last traded at $22.06, with a volume of 7,548 shares.

Wall Street Analysts Forecast Growth

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

Auburn National Bancorporation Stock Down 2.4%

The company has a market capitalization of $76.05 million, a PE ratio of 11.83 and a beta of 0.32. The company's 50 day moving average is $20.44 and its two-hundred day moving average is $21.46.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $0.44 earnings per share for the quarter. Auburn National Bancorporation had a return on equity of 8.20% and a net margin of 2.43%. The firm had revenue of $7.79 million during the quarter.

Auburn National Bancorporation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Tuesday, June 10th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date is Tuesday, June 10th. Auburn National Bancorporation's payout ratio is 57.14%.

Institutional Trading of Auburn National Bancorporation

Several hedge funds have recently modified their holdings of the company. Empowered Funds LLC increased its position in Auburn National Bancorporation by 8.4% in 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 last quarter. Wealthedge Investment Advisors LLC bought a new stake in shares of Auburn National Bancorporation in the 4th quarter worth about $272,000. LPL Financial LLC bought a new stake in shares of Auburn National Bancorporation in the 4th quarter worth about $461,000. Bridgeway Capital Management LLC raised its position 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 valued at $720,000 after buying an additional 572 shares in the last quarter. Finally, Fourthstone LLC purchased a new stake in shares of Auburn National Bancorporation during the 4th quarter valued at about $870,000. 39.46% of the stock is owned by hedge funds and other 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.