La Aguilera Luis De Sells 13,100 Shares of USCB Financial (NASDAQ:USCB) Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 13,100 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $18.16, for a total transaction of $237,896.00. Following the completion of the transaction, the chief executive officer owned 242,945 shares in the company, valued at approximately $4,411,881.20. This trade represents a 5.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available 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.

USCB Financial Stock Up 2.5%

Shares of USCB stock opened at $18.82 on Friday. The stock has a 50 day moving average of $18.89 and a 200 day moving average of $18.72. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.91. The stock has a market cap of $343.65 million, a P/E ratio of 13.16 and a beta of 0.53. USCB Financial Holdings, Inc. has a twelve month low of $15.56 and a twelve month high of $20.78.

USCB Financial (NASDAQ:USCB) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate 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 15.44%. As a group, sell-side analysts expect that USCB Financial Holdings, Inc. will post 2.02 EPS for the current year.

USCB Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.7%. USCB Financial’s dividend payout ratio (DPR) is presently 34.97%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in USCB. NewEdge Advisors LLC lifted its position in shares of USCB Financial by 60.1% during the 4th quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock valued at $31,000 after buying an additional 638 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of USCB Financial by 66.2% during 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 in the last quarter. PNC Financial Services Group Inc. purchased a new position in shares of USCB Financial during the 1st quarter valued at approximately $41,000. BNP Paribas Financial Markets lifted its position in shares of 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 position 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 in the last quarter. Hedge funds and other institutional investors own 61.34% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on USCB shares. Wall Street Zen raised shares of USCB Financial from a “sell” rating to a “hold” rating in a research note 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. Hovde Group raised their price objective on shares of USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a research note on Monday, April 27th. Zacks Research raised shares of USCB Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. Finally, Piper Sandler raised their price objective on shares of USCB Financial from $23.00 to $24.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 28th. One investment 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. Based on data from MarketBeat, USCB Financial currently has an average rating of “Moderate Buy” and an average 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.