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

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 10,005 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $18.14, for a total value of $181,490.70. Following the transaction, the chief executive officer directly owned 242,945 shares in the company, valued at approximately $4,407,022.30. The trade was a 3.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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 transaction of $237,896.00.

USCB Financial Price Performance

Shares of USCB opened at $18.33 on Wednesday. The company has a market cap of $334.65 million, a P/E ratio of 12.82 and a beta of 0.53. USCB Financial Holdings, Inc. has a fifty-two week low of $15.56 and a fifty-two week high of $20.78. The company has a quick ratio of 0.93, a current ratio of 0.91 and a debt-to-equity ratio of 0.41. The firm’s 50 day moving average price is $18.84 and its 200 day moving average price is $18.75.

USCB Financial (NASDAQ:USCB) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.01). USCB Financial had a net margin of 17.04% and a return on equity of 15.37%. The business had revenue of $26.18 million during the quarter, compared to analysts’ expectations of $25.95 million. On average, research analysts forecast 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 paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Friday, May 15th. USCB Financial’s payout ratio is presently 34.97%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on USCB shares. Piper Sandler increased their price target on USCB Financial from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. 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 note on Monday, April 27th. Wall Street Zen raised shares of USCB Financial from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Raymond James Financial reiterated a “strong-buy” rating on shares of USCB Financial in a research note on Monday, April 27th. Finally, Zacks Research upgraded shares of USCB Financial from a “strong sell” rating to a “hold” rating in a report on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $22.00.

Institutional Trading of USCB Financial

A number of institutional investors have recently bought and sold shares of the business. 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. T. Rowe Price Investment Management Inc. lifted its stake in USCB Financial by 5.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,316,580 shares of the company’s stock worth $24,252,000 after purchasing an additional 71,728 shares during the last quarter. Endeavour Capital Advisors Inc. boosted its holdings in USCB Financial by 0.5% in the third quarter. Endeavour Capital Advisors Inc. now owns 1,247,211 shares of the company’s stock valued at $21,764,000 after purchasing an additional 6,262 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in USCB Financial by 9.0% in the second quarter. Alliancebernstein L.P. now owns 973,088 shares of the company’s stock valued at $16,095,000 after purchasing an additional 79,983 shares in the last quarter. Finally, Mendon Capital Advisors Corp increased its stake in USCB Financial by 3.1% in the second quarter. Mendon Capital Advisors Corp now owns 691,048 shares of the company’s stock valued at $11,430,000 after purchasing an additional 20,870 shares during the last quarter. 61.34% of the stock is owned by hedge funds and other institutional investors.

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.