USCB Financial (NASDAQ:USCB) EVP Andres Collazo Sells 8,000 Shares

USCB Financial Holdings, Inc. (NASDAQ:USCB) EVP Andres Collazo sold 8,000 shares of the firm’s stock in a transaction on Saturday, March 7th. The shares were sold at an average price of $18.27, for a total value of $146,160.00. Following the transaction, the executive vice president owned 32,950 shares in the company, valued at approximately $601,996.50. This represents a 19.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

USCB Financial Stock Down 0.3%

NASDAQ:USCB opened at $18.28 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.87 and a quick ratio of 0.87. USCB Financial Holdings, Inc. has a 1-year low of $15.39 and a 1-year high of $20.78. The company has a 50-day moving average of $19.27 and a 200 day moving average of $18.26. The firm has a market cap of $331.05 million, a PE ratio of 14.06 and a beta of 0.60.

USCB Financial (NASDAQ:USCB) last posted 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). USCB Financial had a net margin of 16.36% and a return on equity of 14.78%. The business had revenue of $25.53 million for the quarter, compared to analysts’ expectations of $26.34 million. As a group, research analysts anticipate that USCB Financial Holdings, Inc. will post 1.58 EPS for the current fiscal year.

USCB Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Tuesday, February 17th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Tuesday, February 17th. 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%. USCB Financial’s dividend payout ratio is 38.46%.

Institutional Investors Weigh In On USCB Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of USCB. Connor Clark & Lunn Investment Management Ltd. boosted its stake in USCB Financial by 10.6% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 58,668 shares of the company’s stock valued at $970,000 after acquiring an additional 5,613 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of USCB Financial by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 248,716 shares of the company’s stock valued at $4,114,000 after purchasing an additional 4,242 shares during the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of USCB Financial during the 2nd quarter valued at $38,000. Hsbc Holdings PLC boosted its position 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 in the last quarter. Finally, First Trust Advisors LP purchased a new position in USCB Financial during the 2nd quarter worth $212,000. Hedge funds and other institutional investors own 61.34% of the company’s stock.

Wall Street Analyst Weigh In

USCB has been the subject of a number of analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of USCB Financial in a report on Monday, December 29th. Zacks Research lowered USCB Financial from a “hold” rating to a “strong sell” rating in a research report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus 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.