USCB Financial (NASDAQ:USCB) CEO La Aguilera Luis De Sells 5,279 Shares

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 5,279 shares of USCB Financial stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $18.27, for a total transaction of $96,447.33. Following the sale, the chief executive officer owned 242,945 shares of the company’s stock, valued at approximately $4,438,605.15. The trade was a 2.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• 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 transaction 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 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 transaction of $237,896.00.

USCB Financial Price Performance

USCB Financial stock traded down $0.20 during mid-day trading on Wednesday, hitting $18.14. 23,614 shares of the company traded hands, compared to its average volume of 52,899. The stock has a market cap of $331.09 million, a price-to-earnings ratio of 12.68 and a beta of 0.53. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.93 and a current ratio of 0.91. USCB Financial Holdings, Inc. has a one year low of $15.56 and a one year high of $20.78. The stock has a fifty day moving average price of $18.84 and a 200-day moving average price of $18.75.

USCB Financial (NASDAQ:USCB) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). The business had revenue of $26.18 million during the quarter, compared to the consensus estimate of $25.95 million. USCB Financial had a return on equity of 15.37% and a net margin of 17.04%. On average, equities analysts predict that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current fiscal year.

USCB Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, May 15th. USCB Financial’s payout ratio is presently 34.97%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on USCB. Raymond James Financial restated a “strong-buy” rating on shares of USCB Financial in a report on Monday, April 27th. Wall Street Zen raised shares of USCB Financial from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Zacks Research raised shares of USCB Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. Piper Sandler upped their target price on shares of USCB Financial from $23.00 to $24.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 28th. Finally, Hovde Group upped their target price on shares of USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a research report on Monday, April 27th. 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $22.00.

Hedge Funds Weigh In On USCB Financial

Hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC boosted its stake in USCB Financial by 60.1% in the 4th 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. boosted 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 worth $39,000 after purchasing an additional 883 shares in the last quarter. PNC Financial Services Group Inc. bought a new position in USCB Financial in the 1st quarter worth about $41,000. BNP Paribas Financial Markets boosted its stake 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 purchasing an additional 1,854 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in USCB Financial by 2,081.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company’s stock worth $70,000 after purchasing an additional 4,017 shares in the last quarter. Institutional investors own 61.34% of the company’s stock.

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.