USCB Financial (NASDAQ:USCB) CEO La Aguilera Luis De Sells 22,883 Shares

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 22,883 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $18.20, for a total value of $416,470.60. Following the completion of the sale, the chief executive officer owned 242,945 shares of the company’s stock, valued at $4,421,599. This represents a 8.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Wednesday, May 13th, La Aguilera Luis De sold 19,947 shares of USCB Financial stock. The stock was 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 stock was 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 stock was 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 Stock Performance

USCB Financial stock traded down $0.43 during trading hours on Friday, hitting $17.91. 8,745 shares of the stock traded hands, compared to its average volume of 53,589. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.91 and a quick ratio of 0.93. The firm’s 50 day moving average price is $18.80 and its 200-day moving average price is $18.76. The stock has a market capitalization of $326.96 million, a price-to-earnings ratio of 12.52 and a beta of 0.53. USCB Financial Holdings, Inc. has a 1 year low of $15.56 and a 1 year high of $20.78.

USCB Financial (NASDAQ:USCB) last posted 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). USCB Financial had a net margin of 17.04% and a return on equity of 15.37%. The firm had revenue of $26.18 million for the quarter, compared to analysts’ expectations of $25.95 million. As a group, equities analysts expect that USCB Financial Holdings, Inc. will post 2.02 EPS for the current fiscal year.

USCB Financial Announces Dividend

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

Institutional Investors Weigh In On USCB Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in USCB. Geode Capital Management LLC increased its stake in USCB Financial by 1.7% during the second quarter. Geode Capital Management LLC now owns 248,716 shares of the company’s stock worth $4,114,000 after acquiring an additional 4,242 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of USCB Financial by 25.9% during the second quarter. Hsbc Holdings PLC now owns 32,875 shares of the company’s stock worth $546,000 after buying an additional 6,770 shares during the period. First Trust Advisors LP purchased a new position in shares of USCB Financial during the second quarter worth $212,000. Gabelli Funds LLC purchased a new position in shares of USCB Financial during the second quarter worth $563,000. Finally, Alliancebernstein L.P. boosted its position in shares of USCB Financial by 9.0% during the second quarter. Alliancebernstein L.P. now owns 973,088 shares of the company’s stock worth $16,095,000 after buying an additional 79,983 shares during the period. Institutional investors and hedge funds own 61.34% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on USCB shares. Hovde Group increased their target price on USCB Financial from $19.50 to $20.00 and gave the company a “market perform” rating in a report on Monday, April 27th. Wall Street Zen raised USCB Financial from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Piper Sandler increased their target price on USCB Financial from $23.00 to $24.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. Raymond James Financial reissued a “strong-buy” rating on shares of USCB Financial in a report on Monday, April 27th. Finally, Zacks Research raised 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 issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target 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.