La Aguilera Luis De Sells 5,279 Shares of USCB Financial (NASDAQ:USCB) Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 5,279 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $18.27, for a total transaction of $96,447.33. Following the completion of the sale, the chief executive officer owned 242,945 shares of the company’s stock, valued at approximately $4,438,605.15. The trade was a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Thursday, May 7th, La Aguilera Luis De sold 10,005 shares of USCB Financial stock. The shares were sold at an average price of $18.14, for a total transaction of $181,490.70.
• On Tuesday, May 5th, La Aguilera Luis De sold 16,895 shares of USCB Financial stock. The shares were sold at an average price of $18.12, for a total transaction of $306,137.40.
• On Wednesday, May 6th, La Aguilera Luis De sold 13,100 shares of USCB Financial stock. The shares were sold at an average price of $18.16, for a total transaction of $237,896.00.

USCB Financial Price Performance

USCB Financial stock opened at $18.34 on Friday. USCB Financial Holdings, Inc. has a 1 year low of $15.56 and a 1 year high of $20.78. The firm has a 50 day moving average price of $18.80 and a 200 day moving average price of $18.76. The company has a market cap of $334.89 million, a price-to-earnings ratio of 12.83 and a beta of 0.53. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.93 and a current ratio of 0.91.

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). The company had revenue of $26.18 million during the quarter, compared to analysts’ expectations of $25.95 million. USCB Financial had a net margin of 17.04% and a return on equity of 15.37%. Sell-side analysts predict that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current year.

USCB Financial Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. TD Asset Management Inc acquired a new position in shares of USCB Financial during the third quarter worth $748,000. GSA Capital Partners LLP lifted its position in shares of USCB Financial by 52.0% during the third quarter. GSA Capital Partners LLP now owns 24,530 shares of the company’s stock worth $428,000 after purchasing an additional 8,397 shares in the last quarter. Endeavour Capital Advisors Inc. lifted its position in shares of USCB Financial by 0.5% during the third quarter. Endeavour Capital Advisors Inc. now owns 1,247,211 shares of the company’s stock worth $21,764,000 after purchasing an additional 6,262 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of USCB Financial by 10.9% during the first quarter. Bank of New York Mellon Corp now owns 48,008 shares of the company’s stock worth $890,000 after purchasing an additional 4,711 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of USCB Financial by 15.2% during the first quarter. Dimensional Fund Advisors LP now owns 198,845 shares of the company’s stock worth $3,687,000 after purchasing an additional 26,267 shares in the last quarter. 61.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

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.