USCB Financial (NASDAQ:USCB) CEO La Aguilera Luis De Sells 10,005 Shares

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 10,005 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $18.14, for a total transaction of $181,490.70. Following the sale, the chief executive officer directly owned 242,945 shares of the company’s stock, valued at approximately $4,407,022.30. This represents a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, May 5th, La Aguilera Luis De sold 16,895 shares of USCB Financial stock. The stock was 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 value of $237,896.00.

USCB Financial Price Performance

Shares of NASDAQ:USCB opened at $18.25 on Tuesday. The company has a market capitalization of $333.25 million, a PE ratio of 12.76 and a beta of 0.53. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a fifty day moving average of $18.85 and a 200-day moving average of $18.74. USCB Financial Holdings, Inc. has a one year low of $15.56 and a one year high of $20.78.

USCB Financial (NASDAQ:USCB) last issued 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). USCB Financial had a return on equity of 15.44% and a net margin of 17.04%.The company had revenue of $26.18 million during the quarter, compared to analyst estimates of $25.95 million. As a group, equities analysts anticipate that USCB Financial Holdings, Inc. will post 2.02 EPS for the current fiscal year.

USCB Financial Dividend Announcement

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 of this dividend is Friday, May 15th. This represents a $0.50 dividend on an annualized basis and a yield of 2.7%. USCB Financial’s dividend payout ratio (DPR) is currently 34.97%.

Analyst Upgrades and Downgrades

USCB has been the subject of several recent analyst reports. 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 upgraded shares of USCB Financial from a “strong sell” rating to a “hold” rating in a report on Monday, March 30th. Wall Street Zen upgraded shares of USCB Financial from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of USCB Financial in a research note on Monday, April 27th. Finally, Hovde Group boosted their target price on shares of USCB Financial from $19.50 to $20.00 and gave the company a “market perform” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $22.00.

Hedge Funds Weigh In On USCB Financial

Large investors have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its position in shares of USCB Financial by 60.1% in the fourth quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock worth $31,000 after purchasing an additional 638 shares in the last quarter. Russell Investments Group Ltd. increased its stake in USCB Financial by 66.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company’s stock valued at $39,000 after buying an additional 883 shares during the period. PNC Financial Services Group Inc. purchased a new stake in USCB Financial in the 1st quarter worth approximately $41,000. BNP Paribas Financial Markets lifted its position in USCB Financial by 100.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company’s stock worth $65,000 after buying an additional 1,854 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted 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 buying an additional 4,017 shares during the period. Institutional investors and hedge funds own 61.34% of the company’s stock.

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.