1st Source Bank Lowers stake in Lakeland Financial Corporation (LKFN)

Lakeland Financial Corporation (LKFN) : 1st Source Bank reduced its stake in Lakeland Financial Corporation by 0.56% during the most recent quarter end. The investment management company now holds a total of 198,460 shares of Lakeland Financial Corporation which is valued at $9,385,173 after selling 1,123 shares in Lakeland Financial Corporation , the firm said in a disclosure report filed with the SEC on Apr 26, 2016.Lakeland Financial Corporation makes up approximately 1.02% of 1st Source Bank’s portfolio.

Lakeland Financial Corporation opened for trading at $47.48 and hit $47.87 on the upside on Monday, eventually ending the session at $47.37, with a gain of 0.17% or 0.08 points. The heightened volatility saw the trading volume jump to 64,351 shares. Company has a market cap of $791 M.

Other Hedge Funds, Including , Glenmede Trust Co Na boosted its stake in LKFN in the latest quarter, The investment management firm added 13,516 additional shares and now holds a total of 370,856 shares of Lakeland Financial Corporation which is valued at $17,537,780. Lakeland Financial Corporation makes up approx 0.11% of Glenmede Trust Co Na’s portfolio. Burt Wealth Advisors added LKFN to its portfolio by purchasing 8 company shares during the most recent quarter which is valued at $378. Bnp Paribas Arbitrage Sa sold out all of its stake in LKFN during the most recent quarter. The investment firm sold 1,848 shares of LKFN which is valued $85,230.Btim Corp. boosted its stake in LKFN in the latest quarter, The investment management firm added 94,503 additional shares and now holds a total of 237,445 shares of Lakeland Financial Corporation which is valued at $10,950,963. Lakeland Financial Corporation makes up approx 0.19% of Btim Corp.’s portfolio.

Lakeland Financial Corporation (Lakeland Financial) is a bank holding company. The Company through its wholly owned subsidiary Lake City Bank provides an array of products and services throughout its Northern and Central Indiana markets. The Company offers commercial and consumer banking services as well as trust and wealth management brokerage and treasury management commercial services. The Company serves a range of industries including among others manufacturing agriculture construction retail services healthcare and transportation. The Company provides commercial retail trust and investment management services to its customers. The Bank’s activities cover all phases of commercial banking including deposit products commercial and consumer lending retail and merchant credit card services corporate treasury management services and wealth advisory trust and brokerage services.

Leave a Reply

Lakeland Financial Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Lakeland Financial Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.