La Aguilera Luis De Sells 22,883 Shares of USCB Financial (NASDAQ:USCB) Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 22,883 shares of USCB Financial stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $18.20, for a total transaction of $416,470.60. Following the transaction, the chief executive officer directly owned 242,945 shares in the company, valued at $4,421,599. This represents a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, May 13th, La Aguilera Luis De sold 19,947 shares of USCB Financial stock. The shares were sold at an average price of $18.06, for a total transaction of $360,242.82.
• On Monday, May 11th, La Aguilera Luis De sold 5,279 shares of USCB Financial stock. The stock was sold at an average price of $18.27, for a total transaction of $96,447.33.
• 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 value of $306,137.40.
• 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 Stock Down 2.1%

Shares of USCB Financial stock opened at $17.95 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.93 and a debt-to-equity ratio of 0.41. The company’s fifty day simple moving average is $18.77 and its two-hundred day simple moving average is $18.76. The company has a market cap of $327.77 million, a P/E ratio of 12.55 and a beta of 0.53. USCB Financial Holdings, Inc. has a 12-month low of $15.56 and a 12-month high of $20.78.

USCB Financial (NASDAQ:USCB) last issued its quarterly earnings data 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 for 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%. Research analysts anticipate that USCB Financial Holdings, Inc. will post 2.02 EPS for the current year.

USCB Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be paid a $0.125 dividend. The ex-dividend date is Friday, May 15th. This represents a $0.50 annualized dividend and a dividend yield of 2.8%. USCB Financial’s dividend payout ratio is presently 34.97%.

Institutional Investors Weigh In On USCB Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in USCB. NewEdge Advisors LLC boosted its holdings in USCB Financial by 60.1% in the 4th quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock worth $31,000 after buying an additional 638 shares during the period. Russell Investments Group Ltd. lifted its holdings in USCB Financial by 66.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company’s stock worth $39,000 after purchasing an additional 883 shares in the last quarter. PNC Financial Services Group Inc. bought a new position in USCB Financial in the 1st quarter worth approximately $41,000. BNP Paribas Financial Markets grew its holdings in USCB Financial by 100.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company’s stock valued at $65,000 after buying an additional 1,854 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of USCB Financial by 2,081.3% in the second quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company’s stock worth $70,000 after buying an additional 4,017 shares in the last quarter. Institutional investors own 61.34% of the company’s stock.

Analyst Ratings Changes

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

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.