USCB Financial (NASDAQ:USCB) CEO Sells $181,490.70 in Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 10,005 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $18.14, for a total value of $181,490.70. Following the sale, the chief executive officer owned 242,945 shares of the company’s stock, valued at approximately $4,407,022.30. The trade was a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• 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 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 Price Performance

USCB Financial stock opened at $18.20 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.93 and a current ratio of 0.91. USCB Financial Holdings, Inc. has a 52 week low of $15.56 and a 52 week high of $20.78. The stock has a market capitalization of $332.33 million, a P/E ratio of 12.73 and a beta of 0.53. The stock has a fifty day moving average of $18.82 and a 200-day moving average of $18.76.

USCB Financial (NASDAQ:USCB) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). USCB Financial had a return on equity of 15.37% and a net margin of 17.04%.The business had revenue of $26.18 million for the quarter, compared to analyst estimates of $25.95 million. On average, sell-side analysts expect that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current fiscal 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 of this dividend is Friday, May 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.7%. USCB Financial’s payout ratio is 34.97%.

Analyst Upgrades and Downgrades

USCB has been the subject of a number of research analyst reports. Piper Sandler boosted 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. Raymond James Financial reissued a “strong-buy” rating on shares of USCB Financial in a report on Monday, April 27th. Wall Street Zen raised USCB Financial from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Hovde Group upped their target price on USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a report on Monday, April 27th. Finally, Zacks Research raised USCB Financial from a “strong sell” rating to a “hold” rating in a report on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $22.00.

Hedge Funds Weigh In On USCB Financial

Institutional investors and hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC increased its holdings in USCB Financial by 60.1% in the 4th quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock worth $31,000 after purchasing an additional 638 shares in the last quarter. PNC Financial Services Group Inc. acquired a new position in USCB Financial in the 1st quarter worth about $41,000. Russell Investments Group Ltd. increased its stake in shares of USCB Financial by 66.2% in the third quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company’s stock valued at $39,000 after buying an additional 883 shares during the period. BNP Paribas Financial Markets increased its stake in shares of USCB Financial by 100.3% in the third quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company’s stock valued at $65,000 after buying an additional 1,854 shares during the period. Finally, Tower Research Capital LLC TRC increased its stake in shares of USCB Financial by 2,081.3% in the second quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company’s stock valued at $70,000 after buying an additional 4,017 shares during the period. Institutional investors and hedge funds own 61.34% of the company’s stock.

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.