USCB Financial (NASDAQ:USCB) Director Ramon Abadin Sells 9,000 Shares of Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) Director Ramon Abadin sold 9,000 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $18.21, for a total value of $163,890.00. Following the completion of the transaction, the director owned 24,561 shares of the company’s stock, valued at $447,255.81. The trade was a 26.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Ramon Abadin also recently made the following trade(s):

• On Wednesday, May 13th, Ramon Abadin sold 6,552 shares of USCB Financial stock. The shares were sold at an average price of $18.03, for a total value of $118,132.56.

USCB Financial Stock Down 2.1%

Shares of USCB opened at $17.95 on Friday. USCB Financial Holdings, Inc. has a 52 week low of $15.56 and a 52 week high of $20.78. The stock has a market capitalization of $327.84 million, a price-to-earnings ratio of 12.55 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. The stock has a fifty day moving average of $18.77 and a 200-day moving average of $18.76.

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

USCB Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, May 15th. USCB Financial’s dividend payout ratio (DPR) is currently 34.97%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on USCB shares. Raymond James Financial reaffirmed a “strong-buy” rating on shares of USCB Financial in a research report on Monday, April 27th. Zacks Research raised USCB Financial from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. Hovde Group raised their target price on USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a research report on Monday, April 27th. Piper Sandler raised their target price on USCB Financial from $23.00 to $24.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 28th. Finally, Wall Street Zen raised USCB Financial from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $22.00.

Institutional Trading of USCB Financial

A number of large investors have recently bought and sold shares of the business. NewEdge Advisors LLC grew its stake in shares of USCB Financial by 60.1% in 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 during the period. Russell Investments Group Ltd. grew its stake in shares of 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. SG Americas Securities LLC grew its stake in shares of USCB Financial by 16.7% in the 1st quarter. SG Americas Securities LLC now owns 6,363 shares of the company’s stock valued at $118,000 after buying an additional 910 shares during the period. TD Asset Management Inc grew its stake in shares of USCB Financial by 4.2% in the 4th quarter. TD Asset Management Inc now owns 44,696 shares of the company’s stock valued at $823,000 after buying an additional 1,810 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in shares of USCB Financial by 100.3% in 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 during the period. 61.34% of the stock is currently owned by institutional investors and hedge funds.

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.