USCB Financial (NASDAQ:USCB) CEO La Aguilera Luis De Sells 16,895 Shares

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 16,895 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $18.12, for a total value of $306,137.40. Following the completion of the transaction, the chief executive officer directly owned 242,945 shares in the company, valued at approximately $4,402,163.40. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

La Aguilera Luis De also recently made the following trade(s):

• On Wednesday, May 6th, La Aguilera Luis De sold 13,100 shares of USCB Financial stock. The stock was sold at an average price of $18.16, for a total transaction of $237,896.00.

USCB Financial Trading Up 1.2%

USCB Financial stock opened at $18.36 on Friday. USCB Financial Holdings, Inc. has a 52 week low of $15.56 and a 52 week high of $20.78. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a market capitalization of $335.25 million, a PE ratio of 12.84 and a beta of 0.53. The business’s 50-day simple moving average is $18.89 and its 200-day simple moving average is $18.72.

USCB Financial (NASDAQ:USCB) last released its earnings results on Thursday, April 23rd. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). USCB Financial had a net margin of 17.04% and a return on equity of 15.44%. The business had revenue of $26.18 million during the quarter, compared to analyst estimates of $25.95 million. Equities research analysts forecast that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current year.

USCB Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.50 dividend on an annualized basis and a yield of 2.7%. USCB Financial’s dividend payout ratio is 34.97%.

Analyst Ratings Changes

Several research firms recently weighed in on USCB. Raymond James Financial reiterated a “strong-buy” rating on shares of USCB Financial in a research note on Monday, April 27th. Hovde Group lifted their price objective on USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a report on Monday, April 27th. Piper Sandler upped their target price on USCB Financial from $23.00 to $24.00 and gave the company an “overweight” rating in a research note on Tuesday, April 28th. Zacks Research raised USCB Financial from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. Finally, Wall Street Zen raised shares of USCB Financial from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $22.00.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC lifted its holdings in shares of USCB Financial by 1.7% during the second quarter. Geode Capital Management LLC now owns 248,716 shares of the company’s stock valued at $4,114,000 after acquiring an additional 4,242 shares during the period. Hsbc Holdings PLC grew its holdings in shares of USCB Financial by 25.9% in the 2nd quarter. Hsbc Holdings PLC now owns 32,875 shares of the company’s stock worth $546,000 after purchasing an additional 6,770 shares during the last quarter. First Trust Advisors LP acquired a new stake in shares of USCB Financial during the 2nd quarter worth about $212,000. Gabelli Funds LLC bought a new position in USCB Financial during the 2nd quarter valued at about $563,000. Finally, Alliancebernstein L.P. lifted its holdings in USCB Financial by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 973,088 shares of the company’s stock valued at $16,095,000 after purchasing an additional 79,983 shares during the last quarter. 61.34% of the stock is currently owned by institutional investors and hedge funds.

About USCB Financial

USCB Financial (NASDAQ: USCB) is a bank holding company headquartered in Columbia, South Carolina, serving as the parent company of United Security Bank. Established to support community banking in the Midlands region, the company focuses on relationship-driven financial services tailored to both individuals and businesses. As a regional player, USCB Financial emphasizes personalized service through a network of full-service branch offices.

The company’s core business activities include commercial and consumer lending, deposit products and alternative delivery channels.