USCB Financial Holdings, Inc. (NASDAQ:USCB) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of USCB Financial Holdings, Inc. (NASDAQ:USCB) have been assigned an average recommendation of “Moderate Buy” from the five brokerages that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $22.00.

USCB has been the topic of a number of recent research reports. Hovde Group lifted their target price on USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a research report on Monday, April 27th. Weiss Ratings restated a “buy (b)” rating on shares of USCB Financial in a research note on Friday, May 29th. Wall Street Zen upgraded shares of USCB Financial from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Zacks Research upgraded shares of USCB Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of USCB Financial in a research note on Monday, April 27th.

Insiders Place Their Bets

In other USCB Financial news, CEO La Aguilera Luis De sold 49,414 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $18.30, for a total transaction of $904,276.20. Following the completion of the transaction, the chief executive officer owned 242,945 shares in the company, valued at $4,445,893.50. This trade represents a 16.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder W Kirk Wycoff sold 37,152 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $18.24, for a total transaction of $677,652.48. Following the transaction, the insider owned 1,826,634 shares of the company’s stock, valued at approximately $33,317,804.16. This represents a 1.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 248,122 shares of company stock worth $4,514,106 over the last quarter. Company insiders own 49.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Patriot Financial Partners GP II L.P. bought a new position in shares of USCB Financial in the third quarter valued at approximately $35,527,000. T. Rowe Price Investment Management Inc. raised its stake in shares of USCB Financial by 5.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,316,580 shares of the company’s stock valued at $24,252,000 after acquiring an additional 71,728 shares during the last quarter. Endeavour Capital Advisors Inc. raised its stake in shares of USCB Financial by 0.5% in the third quarter. Endeavour Capital Advisors Inc. now owns 1,247,211 shares of the company’s stock valued at $21,764,000 after acquiring an additional 6,262 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of USCB Financial by 9.0% in the second quarter. Alliancebernstein L.P. now owns 973,088 shares of the company’s stock valued at $16,095,000 after acquiring an additional 79,983 shares during the last quarter. Finally, Mendon Capital Advisors Corp raised its stake in shares of USCB Financial by 3.1% in the second quarter. Mendon Capital Advisors Corp now owns 691,048 shares of the company’s stock valued at $11,430,000 after acquiring an additional 20,870 shares during the last quarter. Institutional investors own 61.34% of the company’s stock.

USCB Financial Price Performance

USCB stock opened at $19.15 on Friday. USCB Financial has a twelve month low of $15.83 and a twelve month high of $20.78. The company has a market cap of $349.68 million, a PE ratio of 13.39 and a beta of 0.53. The business’s 50-day simple moving average is $18.88 and its 200 day simple moving average is $18.96. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.41.

USCB Financial (NASDAQ:USCB) last released its earnings results on Thursday, April 23rd. The company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). USCB Financial had a return on equity of 15.37% and a net margin of 17.04%.The firm had revenue of $26.18 million for the quarter, compared to analyst estimates of $25.95 million. On average, research analysts anticipate that USCB Financial will post 2.02 earnings per share for the current year.

USCB Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were paid a dividend of $0.125 per share. The ex-dividend date was Friday, May 15th. This represents a $0.50 dividend on an annualized basis and a yield of 2.6%. USCB Financial’s dividend payout ratio (DPR) is currently 34.97%.

USCB Financial Company Profile

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.