Rmb Capital Management buys $26,515,885 stake in Yadkin Financial Corp (YDKN)

Yadkin Financial Corp (YDKN) : Rmb Capital Management scooped up 61,191 additional shares in Yadkin Financial Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 9, 2016. The investment management firm now holds a total of 1,082,281 shares of Yadkin Financial Corp which is valued at $26,515,885.Yadkin Financial Corp makes up approximately 1.96% of Rmb Capital Management’s portfolio.

Other Hedge Funds, Including , Mendon Capital Advisors Corp boosted its stake in YDKN in the latest quarter, The investment management firm added 233,760 additional shares and now holds a total of 2,272,075 shares of Yadkin Financial Corp which is valued at $55,665,838. Yadkin Financial Corp makes up approx 10.32% of Mendon Capital Advisors Corp’s portfolio. Private Management Group Inc sold out all of its stake in YDKN during the most recent quarter. The investment firm sold 5,391 shares of YDKN which is valued $134,020.Commonwealth Equity Services Inc boosted its stake in YDKN in the latest quarter, The investment management firm added 5,029 additional shares and now holds a total of 48,435 shares of Yadkin Financial Corp which is valued at $1,211,844. Yadkin Financial Corp makes up approx 0.01% of Commonwealth Equity Services Inc’s portfolio.

Yadkin Financial Corp closed down -0.23 points or -0.93% at $24.5 with 1,31,656 shares getting traded on Friday. Post opening the session at $24.63, the shares hit an intraday low of $24.39 and an intraday high of $24.86 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Yadkin Financial Corporation is a bank holding company. The Company conducts its business operations primarily through its wholly owned subsidiary Yadkin Bank a North Carolina chartered community bank which provides services in 73 branches across North Carolina and South Carolina. Yadkin Bank’s primary business is providing banking mortgage investment and insurance services to businesses and consumers across the Carolinas. The Company is engaged in providing general commercial banking and financial services to individuals and businesses located in North Carolina and South Carolina and to customers in various states through its Small Business Administration (SBA) lending program. The Company operates in six regions including Central Region Piedmont Region Mountain Region South Region Southeast Region and Northeast Region.

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