USCB Financial (NASDAQ:USCB) CEO Sells $14,530.25 in Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 805 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $18.05, for a total value of $14,530.25. Following the completion of the transaction, the chief executive officer directly owned 242,945 shares in the company, valued at approximately $4,385,157.25. This trade represents a 0.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, May 20th, La Aguilera Luis De sold 36,826 shares of USCB Financial stock. The shares were sold at an average price of $18.15, for a total value of $668,391.90.
• On Tuesday, May 19th, La Aguilera Luis De sold 4,931 shares of USCB Financial stock. The shares were sold at an average price of $18.01, for a total value of $88,807.31.
• On Monday, May 18th, La Aguilera Luis De sold 2,485 shares of USCB Financial stock. The shares were sold at an average price of $18.06, for a total value of $44,879.10.
• On Thursday, May 14th, La Aguilera Luis De sold 22,883 shares of USCB Financial stock. The shares were sold at an average price of $18.20, for a total value of $416,470.60.
• 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 value of $360,242.82.
• On Monday, May 11th, La Aguilera Luis De sold 5,279 shares of USCB Financial stock. The shares were sold at an average price of $18.27, for a total value 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 value 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 shares were sold at an average price of $18.16, for a total value of $237,896.00.

USCB Financial Price Performance

USCB opened at $18.54 on Friday. The stock’s 50-day moving average price is $18.76 and its 200 day moving average price is $18.79. USCB Financial Holdings, Inc. has a 12-month low of $15.56 and a 12-month high of $20.78. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The firm has a market cap of $338.61 million, a price-to-earnings ratio of 12.97 and a beta of 0.53.

USCB Financial (NASDAQ:USCB) last posted its earnings results on Thursday, April 23rd. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate 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. As a group, sell-side analysts expect that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current year.

USCB Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.50 annualized dividend and a yield of 2.7%. USCB Financial’s dividend payout ratio is presently 34.97%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in USCB. Patriot Financial Partners GP II L.P. purchased a new position in shares of USCB Financial in the 3rd quarter valued at about $35,527,000. North Reef Capital Management LP purchased a new position in shares of USCB Financial in the 4th quarter valued at about $2,279,000. Mendon Capital Advisors Corp increased its holdings in shares of USCB Financial by 17.9% in the 1st quarter. Mendon Capital Advisors Corp now owns 574,100 shares of the company’s stock valued at $10,644,000 after acquiring an additional 86,958 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of USCB Financial by 9.0% in the 2nd 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, T. Rowe Price Investment Management Inc. increased its holdings in shares of USCB Financial by 5.8% in the 4th 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. Hedge funds and other institutional investors own 61.34% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on USCB shares. Zacks Research raised USCB Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. Wall Street Zen upgraded USCB Financial from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Hovde Group upped their price target on USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a report on Monday, April 27th. Piper Sandler upped their price target on USCB Financial from $23.00 to $24.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of USCB Financial in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average 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.