Cardinal Capital Management buys $881,650 stake in Yadkin Financial Corp (YDKN)

Yadkin Financial Corp (YDKN) : Cardinal Capital Management scooped up 2,500 additional shares in Yadkin Financial Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 35,000 shares of Yadkin Financial Corp which is valued at $881,650.Yadkin Financial Corp makes up approximately 0.36% of Cardinal Capital Management’s portfolio.

Yadkin Financial Corp closed down -0.2 points or -0.79% at $25 with 1,48,936 shares getting traded on Wednesday. Post opening the session at $25.17, the shares hit an intraday low of $24.86 and an intraday high of $25.25 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Carroll Financial Associates reduced its stake in YDKN by selling 1 shares or 0.04% in the most recent quarter. The Hedge Fund company now holds 2,514 shares of YDKN which is valued at $63,328. Yadkin Financial Corp makes up approx 0.01% of Carroll Financial Associates’s portfolio.First Citizens Bank Trust Co boosted its stake in YDKN in the latest quarter, The investment management firm added 1,139 additional shares and now holds a total of 10,589 shares of Yadkin Financial Corp which is valued at $266,737. Yadkin Financial Corp makes up approx 0.02% of First Citizens Bank Trust Co’s portfolio.Triangle Securities Wealth Management boosted its stake in YDKN in the latest quarter, The investment management firm added 1,143 additional shares and now holds a total of 13,218 shares of Yadkin Financial Corp which is valued at $306,790. Yadkin Financial Corp makes up approx 0.20% of Triangle Securities Wealth Management’s portfolio.Creative Planning reduced its stake in YDKN by selling 300 shares or 2.86% in the most recent quarter. The Hedge Fund company now holds 10,185 shares of YDKN which is valued at $236,394.

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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