La Aguilera Luis De Sells 36,826 Shares of USCB Financial (NASDAQ:USCB) Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 36,826 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $18.15, for a total value of $668,391.90. Following the completion of the sale, the chief executive officer owned 242,945 shares of the company’s stock, valued at approximately $4,409,451.75. The trade was a 13.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Thursday, May 21st, La Aguilera Luis De sold 49,414 shares of USCB Financial stock. The shares were sold at an average price of $18.30, for a total value of $904,276.20.
• On Tuesday, May 19th, La Aguilera Luis De sold 4,931 shares of USCB Financial stock. The shares were sold at an average price of $18.01, for a total value of $88,807.31.
• On Friday, May 15th, La Aguilera Luis De sold 805 shares of USCB Financial stock. The shares were sold at an average price of $18.05, for a total value of $14,530.25.
• On Monday, May 18th, La Aguilera Luis De sold 2,485 shares of USCB Financial stock. The shares were sold at an average price of $18.06, for a total value of $44,879.10.
• On Thursday, May 14th, La Aguilera Luis De sold 22,883 shares of USCB Financial stock. The shares were sold at an average price of $18.20, for a total value of $416,470.60.
• On Wednesday, May 13th, La Aguilera Luis De sold 19,947 shares of USCB Financial stock. The shares were 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 stock was 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 stock was sold at an average price of $18.16, for a total value of $237,896.00.

USCB Financial Stock Performance

NASDAQ USCB opened at $18.62 on Friday. The stock has a market cap of $340.00 million, a PE ratio of 13.02 and a beta of 0.53. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. USCB Financial Holdings, Inc. has a twelve month low of $15.56 and a twelve month high of $20.78. The stock has a fifty day simple moving average of $18.77 and a 200-day simple moving average of $18.79.

USCB Financial (NASDAQ:USCB) last released its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $25.95 million. USCB Financial had a return on equity of 15.37% and a net margin of 17.04%. Equities analysts anticipate that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current year.

USCB Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be issued 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 dividend yield of 2.7%. USCB Financial’s dividend payout ratio is currently 34.97%.

Institutional Investors Weigh In On USCB Financial

Several large investors have recently bought and sold shares of USCB. Patriot Financial Partners GP II L.P. purchased a new stake in USCB Financial during the 3rd quarter worth about $35,527,000. North Reef Capital Management LP purchased a new stake in USCB Financial during the 4th quarter worth about $2,279,000. Mendon Capital Advisors Corp increased its holdings in USCB Financial by 17.9% during the 1st quarter. Mendon Capital Advisors Corp now owns 574,100 shares of the company’s stock worth $10,644,000 after purchasing an additional 86,958 shares during the period. Alliancebernstein L.P. increased its holdings in USCB Financial by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 973,088 shares of the company’s stock worth $16,095,000 after purchasing an additional 79,983 shares during the period. Finally, T. Rowe Price Investment Management Inc. increased its holdings in USCB Financial by 5.8% during the 4th 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 period. Hedge funds and other institutional investors own 61.34% of the company’s stock.

Wall Street Analysts Forecast Growth

USCB has been the subject of a number of research analyst reports. Piper Sandler increased their price target on USCB Financial from $23.00 to $24.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. Hovde Group increased their price target on USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a report on Monday, April 27th. Raymond James Financial reissued a “strong-buy” rating on shares of USCB Financial in a research note on Monday, April 27th. Wall Street Zen raised USCB Financial from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Finally, Zacks Research raised USCB Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. One 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price 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.