W.g. Shaheen Associates Dba Whitney Co buys $3,271,963 stake in Yadkin Financial Corp (YDKN)

Yadkin Financial Corp (YDKN) : W.g. Shaheen Associates Dba Whitney Co scooped up 73,535 additional shares in Yadkin Financial Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 13, 2016. The investment management firm now holds a total of 125,555 shares of Yadkin Financial Corp which is valued at $3,271,963.Yadkin Financial Corp makes up approximately 1.33% of W.g. Shaheen Associates Dba Whitney Co’s portfolio.

Other Hedge Funds, Including , Msi Financial Services Inc added YDKN to its portfolio by purchasing 209 company shares during the most recent quarter which is valued at $5,447.Creative Planning reduced its stake in YDKN by selling 500 shares or 4.91% in the most recent quarter. The Hedge Fund company now holds 9,685 shares of YDKN which is valued at $257,234.Bnp Paribas Arbitrage Sa boosted its stake in YDKN in the latest quarter, The investment management firm added 1,485 additional shares and now holds a total of 3,430 shares of Yadkin Financial Corp which is valued at $90,106.

Yadkin Financial Corp closed down -0.35 points or -1.30% at $26.56 with 92,762 shares getting traded on Tuesday. Post opening the session at $26.9, the shares hit an intraday low of $26.4 and an intraday high of $26.95 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.

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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