Financial Sector Overbought Stocks: Yadkin Financial (NASDAQ:YDKN), VantageSouth Bancshares (NYSEMKT:VSB), Kearny Financial (NASDAQ:KRNY), Federated National Holding (NASDAQ:FNHC)

Posted by on Mar 19, 2014

Yadkin Financial Corp (NASDAQ:YDKN) Director James Smoak sold 3,000 shares of the stock on the open market in a transaction dated Thursday, February 13th. The shares were sold at an average price of $19.34, for a total value of $58,020.00. Following the transaction, the director now directly owns 51,266 shares in the company, valued at approximately $991,484. Yadkin Financial Corp (NASDAQ:YDKN) shares after opening at $21.30 moved to $21.75 on last trade day and at the end of the day closed at $21.74. Company price to sales ratio in past twelve months was calculated as 4.16 and price to cash ratio as 6.96. Yadkin Financial Corp (NASDAQ:YDKN) showed a positive weekly performance of 4.72%.

VantageSouth Bancshares Inc. (NYSEMKT:VSB)’s shares reported a 52 week high last week and surged up to $6.68. The regional bank has recorded a 26.8% jump since the beginning of this year. Its stock achieved a Zacks Rank #1 whose analysts cite strategic inorganic growth advances as a chief reason for ranking it so. Analysts are of the view that the mergers and acquisitions it undertook along with the robust investments in its pipeline have helped enhance its operating management. VantageSouth Bancshares, Inc. (NYSEMKT:VSB) shares advanced 1.60% in last trading session and ended the day on $6.99. VantageSouth Bancshares, Inc. (NYSEMKT:VSB) return on equity ratio is recorded as 3.60% and its return on assets is 0.40%. VantageSouth Bancshares, Inc. (NYSEMKT:VSB) yearly performance is 65.25%.

Equities research analysts at Keefe, Bruyette & Woods boosted their price objective on shares of Kearny Financial Corp. (NASDAQ:KRNY) from $11.00 to $14.50 in a research note issued to investors on Tuesday, AR Network reports. Keefe, Bruyette & Woods’ price target would indicate a potential downside of 4.23% from the stock’s previous close. Kearny Financial Corp. (NASDAQ:KRNY) shares moved up 1.72% in last trading session and was closed at $15.40, while trading in range of $15.00 – $15.49. Kearny Financial Corp. (NASDAQ:KRNY) year to date (YTD) performance is 32.42%.

Federated National Holding Company (NASDAQ:FNHC), formerly 21st Century Holding Company, is an insurance holding company, which through its subsidiaries and its contractual relationships with its independent agents and general agents, controls all aspects of the insurance underwriting, distribution and claims processes. Federated National Holding Co (NASDAQ:FNHC) weekly performance is 5.96%. On last trading day company shares ended up $16.90. Federated National Holding Co (NASDAQ:FNHC) distance from 50-day simple moving average (SMA50) is 23.04%. Analysts mean target price for the company is $15.50.

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