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

Posted by on Mar 21, 2014

Federated Nat (NASDAQ:FNHC) Chairman Bruce Simberg purchased 5,040 shares of Federated Nat stock in a transaction that occurred on Monday, March 17th. The stock was purchased at an average cost of $16.28 per share, with a total value of $82,051.20. Following the acquisition, the chairman now directly owns 433,699 shares in the company, valued at approximately $7,060,620. Federated National Holding Co (NASDAQ:FNHC) shares after opening at $16.99 moved to $17.19 on last trade day and at the end of the day closed at $16.99. Company price to sales ratio in past twelve months was calculated as 1.35 and price to cash ratio as 2.92. Federated National Holding Co (NASDAQ:FNHC) showed a positive weekly performance of 4.68%.

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 0.29% in last trading session and ended the day on $7.00. 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 63.93%.

Kearny Financial Corp. (NASDAQ:KRNY) had its price target increased by Keefe, Bruyette & Woods from $11.00 to $14.50 in a research report sent to investors on Tuesday morning, Analyst RN reports. Kearny Financial Corp. (NASDAQ:KRNY) shares moved up 0.13% in last trading session and was closed at $15.30, while trading in range of $14.56 – $15.30. Kearny Financial Corp. (NASDAQ:KRNY) year to date (YTD) performance is 31.56%.

Yadkin Financial Corporation (NASDAQ:YDKN) may be setting up an acquisition target. The bank holding company is said to be targeting a regional bank with strong financial results. Yadkin Financial Corp (NASDAQ:YDKN) weekly performance is 3.55%. On last trading day company shares ended up $21.90. Yadkin Financial Corp (NASDAQ:YDKN) distance from 50-day simple moving average (SMA50) is 14.99%. Analysts mean target price for the company is $21.90.

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