Auburn National Bancorporation (NASDAQ:AUBN) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Auburn National Bancorporation, Inc. (NASDAQ:AUBN)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $25.71 and traded as low as $24.15. Auburn National Bancorporation shares last traded at $24.31, with a volume of 9,176 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Auburn National Bancorporation in a research report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Auburn National Bancorporation Trading Down 1.7%

The stock has a 50 day simple moving average of $25.29 and a 200 day simple moving average of $25.71. The firm has a market capitalization of $84.84 million, a PE ratio of 11.69 and a beta of 0.42.

Auburn National Bancorporation (NASDAQ:AUBN) last released its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $0.48 earnings per share for the quarter. Auburn National Bancorporation had a return on equity of 8.41% and a net margin of 16.42%.The firm had revenue of $8.47 million during the quarter.

Auburn National Bancorporation Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.08 annualized dividend and a yield of 4.4%. Auburn National Bancorporation’s dividend payout ratio is presently 51.92%.

Hedge Funds Weigh In On Auburn National Bancorporation

A number of hedge funds have recently modified their holdings of the company. Truffle Hound Capital LLC purchased a new stake in shares of Auburn National Bancorporation during the second quarter worth about $703,000. Vanguard Group Inc. grew its stake in shares of Auburn National Bancorporation by 3.2% in the third 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 last quarter. Bridgeway Capital Management LLC increased its holdings in Auburn National Bancorporation by 4.7% during the 3rd quarter. Bridgeway Capital Management LLC now owns 30,046 shares of the financial services provider’s stock valued at $815,000 after purchasing an additional 1,353 shares during the period. Empowered Funds LLC increased its holdings in Auburn National Bancorporation by 9.1% during the 4th quarter. Empowered Funds LLC now owns 15,330 shares of the financial services provider’s stock valued at $413,000 after purchasing an additional 1,284 shares during the period. Finally, Geode Capital Management LLC raised its position in Auburn National Bancorporation by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 25,632 shares of the financial services provider’s stock valued at $691,000 after purchasing an additional 439 shares during the last quarter. Hedge funds and other institutional investors own 39.46% of the company’s stock.

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.