Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report)'s stock price 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 changing hands.
Analysts Set New Price Targets
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.
Get Our Latest Stock Report on AUBN
Auburn National Bancorporation Stock Down 2.6%
The stock has a fifty day moving average of $20.39 and a 200-day moving average of $21.48. The firm has a market capitalization of $75.09 million, a P/E ratio of 11.68 and a beta of 0.32.
Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $0.44 EPS for the quarter. The company had revenue of $7.79 million during the quarter. Auburn National Bancorporation had a return on equity of 8.20% and a net margin of 2.43%.
Auburn National Bancorporation Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Tuesday, June 10th will be issued a $0.27 dividend. The ex-dividend date is Tuesday, June 10th. This represents a $1.08 annualized dividend and a dividend yield of 5.03%. Auburn National Bancorporation's dividend payout ratio is currently 57.14%.
Institutional Trading of Auburn National Bancorporation
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its stake 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 worth $931,000 after buying an additional 523 shares during the period. Bridgeway Capital Management LLC increased its holdings in Auburn National Bancorporation by 1.9% in the 4th quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider's stock valued at $720,000 after acquiring an additional 572 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Auburn National Bancorporation by 5.4% in 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 in the last quarter. Wealthedge Investment Advisors LLC purchased a new position in Auburn National Bancorporation in the fourth quarter worth about $272,000. Finally, LPL Financial LLC purchased a new position in shares of Auburn National Bancorporation in the 4th quarter worth approximately $461,000. 39.46% of the stock is currently owned by institutional investors.
Auburn National Bancorporation Company Profile
(
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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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