USCB Financial (NASDAQ:USCB) CEO La Aguilera Luis De Sells 49,414 Shares of Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 49,414 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $18.30, for a total value of $904,276.20. Following the completion of the sale, the chief executive officer owned 242,945 shares of the company’s stock, valued at $4,445,893.50. The trade was a 16.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• On Wednesday, May 20th, La Aguilera Luis De sold 36,826 shares of USCB Financial stock. The shares were sold at an average price of $18.15, for a total value of $668,391.90.
• 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 shares were 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 shares were 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 Up 0.4%

Shares of NASDAQ USCB opened at $18.62 on Friday. The stock has a 50 day moving average price of $18.77 and a 200 day moving average price of $18.79. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market capitalization of $340.00 million, a price-to-earnings ratio of 13.02 and a beta of 0.53. USCB Financial Holdings, Inc. has a 52-week low of $15.56 and a 52-week high of $20.78.

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

USCB Financial Announces Dividend

The business 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 $0.125 dividend. 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 (DPR) is currently 34.97%.

Institutional Investors Weigh In On USCB Financial

Several hedge funds have recently added to or reduced their stakes in USCB. Geode Capital Management LLC boosted its holdings in USCB Financial by 1.7% in the second quarter. Geode Capital Management LLC now owns 248,716 shares of the company’s stock valued at $4,114,000 after purchasing an additional 4,242 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in USCB Financial by 25.9% in the second quarter. Hsbc Holdings PLC now owns 32,875 shares of the company’s stock valued at $546,000 after purchasing an additional 6,770 shares during the last quarter. First Trust Advisors LP purchased a new stake in USCB Financial in the second quarter valued at $212,000. Gabelli Funds LLC purchased a new stake in USCB Financial in the second quarter valued at $563,000. Finally, 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 during the last quarter. 61.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on USCB. Zacks Research raised USCB Financial from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. Hovde Group upped their price target 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. Wall Street Zen raised USCB Financial from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Piper Sandler upped their price target 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, Raymond James Financial reaffirmed a “strong-buy” rating on shares of USCB Financial in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus 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.