Auburn National Bancorporation (NASDAQ:AUBN) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Auburn National Bancorporation, Inc. (NASDAQ:AUBN)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $25.93 and traded as low as $24.10. Auburn National Bancorporation shares last traded at $24.10, with a volume of 1,899 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Auburn National Bancorporation in a report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Auburn National Bancorporation Stock Down 2.2%

The firm has a market capitalization of $84.21 million, a PE ratio of 11.76 and a beta of 0.42. The stock has a 50-day simple moving average of $25.73 and a 200-day simple moving average of $25.93.

Auburn National Bancorporation (NASDAQ:AUBN) last posted its quarterly earnings results on Wednesday, November 12th. The financial services provider reported $0.64 earnings per share for the quarter. Auburn National Bancorporation had a return on equity of 8.48% and a net margin of 16.42%.The company had revenue of $8.40 million during the quarter.

Auburn National Bancorporation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 10th were given a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $1.08 annualized dividend and a dividend yield of 4.5%. Auburn National Bancorporation’s payout ratio is 52.68%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its position in shares of Auburn National Bancorporation by 1.0% during the third quarter. Dimensional Fund Advisors LP now owns 41,808 shares of the financial services provider’s stock worth $1,133,000 after acquiring an additional 407 shares in the last quarter. Bridgeway Capital Management LLC raised its stake in shares of Auburn National Bancorporation by 2.1% during the 2nd quarter. Bridgeway Capital Management LLC now owns 28,693 shares of the financial services provider’s stock valued at $743,000 after purchasing an additional 588 shares during the period. Empowered Funds LLC lifted its holdings in Auburn National Bancorporation by 8.4% during the 1st 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 in the last quarter. Vanguard Group Inc. boosted its stake in Auburn National Bancorporation by 3.2% in the 3rd quarter. Vanguard Group Inc. now owns 77,085 shares of the financial services provider’s stock worth $2,090,000 after purchasing an additional 2,402 shares during the period. Finally, Truffle Hound Capital LLC boosted its stake in Auburn National Bancorporation by 65.6% in the 3rd quarter. Truffle Hound Capital LLC now owns 46,580 shares of the financial services provider’s stock worth $1,263,000 after purchasing an additional 18,460 shares during the period. 39.46% of the stock is currently owned by hedge funds and other institutional investors.

Auburn National Bancorporation Company Profile

Auburn National Bancorporation is a bank holding company headquartered in Auburn, Alabama. It operates through its wholly owned subsidiary, AuburnBank, providing a comprehensive suite of financial services to individuals, businesses and municipalities throughout central and eastern Alabama.

The company’s retail banking offerings include checking and savings accounts, consumer and mortgage lending, online and mobile banking, and wealth management services. On the commercial side, AuburnBank delivers business checking, commercial real estate financing, equipment loans and cash management solutions tailored to support the growth and operational needs of local enterprises.

Serving primarily the Auburn–Opelika metropolitan area and surrounding counties, Auburn National Bancorporation leverages deep community ties and regional expertise to craft banking solutions that meet the unique needs of its customers.