USCB Financial (NASDAQ:USCB) CEO La Aguilera Luis De Sells 10,000 Shares of Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 10,000 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $18.02, for a total value of $180,200.00. Following the sale, the chief executive officer directly owned 245,893 shares of the company’s stock, valued at $4,430,991.86. The trade was a 3.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

USCB Financial Stock Up 0.6%

USCB stock opened at $18.85 on Friday. The stock has a market cap of $341.37 million, a P/E ratio of 14.50 and a beta of 0.60. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.24. The stock’s fifty day simple moving average is $18.85 and its two-hundred day simple moving average is $17.81. USCB Financial Holdings, Inc. has a 1-year low of $15.39 and a 1-year high of $20.78.

USCB Financial (NASDAQ:USCB) last released its earnings results on Thursday, January 22nd. The company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.07). The business had revenue of $25.53 million for the quarter, compared to the consensus estimate of $26.34 million. USCB Financial had a return on equity of 14.78% and a net margin of 16.36%. Analysts expect that USCB Financial Holdings, Inc. will post 1.58 EPS for the current year.

USCB Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th will be given a $0.125 dividend. This is a positive change from USCB Financial’s previous quarterly dividend of $0.10. This represents a $0.50 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, February 17th. USCB Financial’s payout ratio is presently 30.77%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on USCB shares. Zacks Research lowered shares of USCB Financial from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Weiss Ratings reissued a “buy (b)” rating on shares of USCB Financial in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, USCB Financial presently has an average rating of “Buy” and a consensus price target of $22.00.

Institutional Trading of USCB Financial

A number of institutional investors have recently modified their holdings of USCB. Police & Firemen s Retirement System of New Jersey purchased a new position in USCB Financial in the 2nd quarter valued at approximately $38,000. Russell Investments Group Ltd. boosted its holdings in shares of USCB Financial by 66.2% in the third quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company’s stock worth $39,000 after acquiring an additional 883 shares during the period. BNP Paribas Financial Markets grew its position in shares of USCB Financial by 100.3% in the third quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company’s stock valued at $65,000 after purchasing an additional 1,854 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of USCB Financial by 2,081.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company’s stock valued at $70,000 after purchasing an additional 4,017 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in USCB Financial during the 4th quarter worth about $100,000. 61.34% of the stock is currently owned by hedge funds and other institutional investors.

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.