USCB Financial (NASDAQ:USCB) CEO La Aguilera Luis De Sells 10,000 Shares

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 10,000 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $18.02, for a total transaction of $180,200.00. Following the transaction, the chief executive officer directly owned 245,893 shares of the company’s stock, valued at approximately $4,430,991.86. This trade represents a 3.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

USCB Financial Price Performance

Shares of USCB stock traded up $0.80 during mid-day trading on Friday, hitting $18.81. 109,754 shares of the stock traded hands, compared to its average volume of 37,114. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a market cap of $340.65 million, a price-to-earnings ratio of 14.47 and a beta of 0.60. The company’s 50-day simple moving average is $18.84 and its 200-day simple moving average is $17.80. USCB Financial Holdings, Inc. has a twelve month low of $15.39 and a twelve month high of $20.78.

USCB Financial (NASDAQ:USCB) last issued its quarterly earnings results on Thursday, January 22nd. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.07). The business had revenue of $25.53 million during the quarter, compared to the consensus estimate of $26.34 million. USCB Financial had a return on equity of 14.78% and a net margin of 16.36%. As a group, equities research analysts expect that USCB Financial Holdings, Inc. will post 1.58 earnings per share for the current year.

USCB Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, February 17th. This is a positive change from USCB Financial’s previous quarterly dividend of $0.10. USCB Financial’s payout ratio is currently 30.77%.

Institutional Investors Weigh In On USCB Financial

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Russell Investments Group Ltd. raised its position in shares of USCB Financial by 66.2% during the third quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company’s stock worth $39,000 after acquiring an additional 883 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in USCB Financial by 100.3% during the third quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company’s stock valued at $65,000 after purchasing an additional 1,854 shares during the period. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of USCB Financial during the second quarter worth $38,000. Salzhauer Michael grew its position in shares of USCB Financial by 8.4% during the 2nd quarter. Salzhauer Michael now owns 31,729 shares of the company’s stock valued at $525,000 after purchasing an additional 2,460 shares in the last quarter. Finally, Barclays PLC lifted its position in USCB Financial by 7.0% during the third quarter. Barclays PLC now owns 51,245 shares of the company’s stock valued at $894,000 after purchasing an additional 3,351 shares during the last quarter. Institutional investors own 61.34% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on USCB shares. Weiss Ratings restated a “buy (b)” rating on shares of USCB Financial in a report on Monday, December 29th. Zacks Research downgraded shares of USCB Financial from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus 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.