Yadkin Financial Corp (YDKN) : Stieven Capital Advisors reduced its stake in Yadkin Financial Corp by 9.24% during the most recent quarter end. The investment management company now holds a total of 377,062 shares of Yadkin Financial Corp which is valued at $9,607,540 after selling 38,369 shares in Yadkin Financial Corp , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Yadkin Financial Corp makes up approximately 2.53% of Stieven Capital Advisors’s portfolio.
Other Hedge Funds, Including , Tiaa Cref Investment Management reduced its stake in YDKN by selling 28,988 shares or 14.15% in the most recent quarter. The Hedge Fund company now holds 175,874 shares of YDKN which is valued at $4,481,270. Massmutual Trust Co Fsbadv sold out all of its stake in YDKN during the most recent quarter. The investment firm sold 500 shares of YDKN which is valued $12,740.Achievement Holdings boosted its stake in YDKN in the latest quarter, The investment management firm added 15,000 additional shares and now holds a total of 110,500 shares of Yadkin Financial Corp which is valued at $2,797,860. Yadkin Financial Corp makes up approx 0.36% of Achievement Holdings’s portfolio. W.g. Shaheen Associates Dba Whitney Co added YDKN to its portfolio by purchasing 52,020 company shares during the most recent quarter which is valued at $1,321,308. Yadkin Financial Corp makes up approx 0.52% of W.g. Shaheen Associates Dba Whitney Co’s portfolio.
Yadkin Financial Corp closed down -0.06 points or -0.23% at $25.64 with 2,85,815 shares getting traded on Tuesday. Post opening the session at $25.71, the shares hit an intraday low of $25.61 and an intraday high of $25.87 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
Many Wall Street Analysts have commented on Yadkin Financial Corp. Yadkin Financial Corp was Downgraded by Raymond James to ” Mkt Perform” on Jul 22, 2016. Yadkin Financial Corp was Downgraded by Keefe Bruyette to ” Mkt Perform” on Jul 22, 2016. Compass Point Initiated Yadkin Financial Corp on May 26, 2016 to “Sell”, Price Target of the shares are set at $24.
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.