La Aguilera Luis De Sells 805 Shares of USCB Financial (NASDAQ:USCB) Stock

USCB Financial Holdings, Inc. (NASDAQ:USCBGet Free Report) CEO La Aguilera Luis De sold 805 shares of USCB Financial stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $18.05, for a total transaction of $14,530.25. Following the completion of the sale, the chief executive officer owned 242,945 shares in the company, valued at $4,385,157.25. This trade represents a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 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 Trading Up 2.3%

NASDAQ USCB opened at $18.41 on Thursday. The company has a market cap of $336.17 million, a PE ratio of 12.87 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 12 month low of $15.56 and a 12 month high of $20.78. The stock has a 50 day moving average of $18.75 and a 200-day moving average of $18.78.

USCB Financial (NASDAQ:USCBGet Free Report) last released its quarterly earnings data on Thursday, April 23rd. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.01). The company had revenue of $26.18 million during the quarter, compared to analyst estimates of $25.95 million. USCB Financial had a net margin of 17.04% and a return on equity of 15.37%. On average, equities research analysts anticipate that USCB Financial Holdings, Inc. will post 2.02 EPS for the current fiscal year.

USCB Financial Dividend Announcement

The business also recently disclosed 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. This represents a $0.50 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, May 15th. USCB Financial’s dividend payout ratio is presently 34.97%.

Analyst Ratings Changes

USCB has been the subject of several recent analyst reports. Wall Street Zen raised USCB Financial from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Zacks Research raised USCB Financial from a “strong sell” rating to a “hold” rating in a report on Monday, March 30th. Raymond James Financial reissued a “strong-buy” rating on shares of USCB Financial in a report on Monday, April 27th. Hovde Group increased their price objective on USCB Financial from $19.50 to $20.00 and gave the company a “market perform” rating in a report on Monday, April 27th. Finally, Piper Sandler increased their price objective on USCB Financial from $23.00 to $24.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. One research 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. According to data from MarketBeat.com, USCB Financial has a consensus rating of “Moderate Buy” and a consensus target price of $22.00.

Read Our Latest Stock Analysis on USCB Financial

Institutional Trading of USCB Financial

Hedge funds have recently added to or reduced their stakes in the company. Patriot Financial Partners GP II L.P. bought a new position in USCB Financial during the 3rd quarter worth $35,527,000. T. Rowe Price Investment Management Inc. increased its position 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 buying an additional 71,728 shares during the period. Endeavour Capital Advisors Inc. increased its position in USCB Financial by 0.5% during the 3rd quarter. Endeavour Capital Advisors Inc. now owns 1,247,211 shares of the company’s stock worth $21,764,000 after buying an additional 6,262 shares during the period. Alliancebernstein L.P. increased its position 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 buying an additional 79,983 shares during the period. Finally, Mendon Capital Advisors Corp increased its position in USCB Financial by 3.1% during the 2nd quarter. Mendon Capital Advisors Corp now owns 691,048 shares of the company’s stock worth $11,430,000 after buying an additional 20,870 shares during the period. 61.34% of the stock is owned by institutional investors and hedge funds.

About USCB Financial

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for USCB Financial (NASDAQ:USCB)

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