USCB Financial Holdings, Inc. (NASDAQ:USCB) is Endeavour Capital Advisors Inc.’s 3rd Largest Position

Endeavour Capital Advisors Inc. lessened its holdings in USCB Financial Holdings, Inc. (NASDAQ:USCB) by 5.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,304,836 shares of the company’s stock after selling 70,871 shares during the quarter. USCB Financial comprises 7.4% of Endeavour Capital Advisors Inc.’s portfolio, making the stock its 3rd largest position. Endeavour Capital Advisors Inc. owned approximately 6.58% of USCB Financial worth $23,161,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MetLife Investment Management LLC grew its stake in shares of USCB Financial by 129.0% in the third quarter. MetLife Investment Management LLC now owns 6,656 shares of the company’s stock worth $102,000 after acquiring an additional 3,750 shares during the last quarter. Stifel Financial Corp purchased a new stake in USCB Financial during the 3rd quarter valued at about $244,000. Barclays PLC increased its stake in USCB Financial by 57.8% during the 3rd quarter. Barclays PLC now owns 32,400 shares of the company’s stock valued at $494,000 after purchasing an additional 11,866 shares in the last quarter. Geode Capital Management LLC raised its holdings in USCB Financial by 1.4% in the third quarter. Geode Capital Management LLC now owns 237,892 shares of the company’s stock worth $3,628,000 after buying an additional 3,250 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of USCB Financial by 228.4% in the third quarter. JPMorgan Chase & Co. now owns 19,686 shares of the company’s stock worth $300,000 after buying an additional 13,692 shares in the last quarter. Institutional investors own 61.34% of the company’s stock.

USCB Financial Trading Up 0.4 %

NASDAQ:USCB opened at $18.63 on Wednesday. USCB Financial Holdings, Inc. has a 52 week low of $10.25 and a 52 week high of $21.86. The stock has a market cap of $373.59 million, a price-to-earnings ratio of 15.15 and a beta of 0.64. The company’s 50 day moving average price is $18.88 and its 200-day moving average price is $17.83. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.55.

USCB Financial (NASDAQ:USCB) last posted its earnings results on Thursday, January 23rd. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.02). USCB Financial had a return on equity of 12.14% and a net margin of 17.14%. On average, equities research analysts forecast that USCB Financial Holdings, Inc. will post 1.58 earnings per share for the current fiscal year.

USCB Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Friday, February 14th were given a $0.10 dividend. This is a positive change from USCB Financial’s previous quarterly dividend of $0.05. The ex-dividend date was Friday, February 14th. This represents a $0.40 dividend on an annualized basis and a yield of 2.15%. USCB Financial’s payout ratio is 32.52%.

USCB Financial Company Profile

USCB Financial Holdings, Inc operates as the bank holding company for U.S. Century Bank that engages in the provision of various personal and business banking products and services in the United States. It accepts various deposit products, including commercial and consumer checking, money market deposit, savings, and time deposit accounts, as well as certificates of deposit.