USCB Financial (NASDAQ:USCB) CEO La Aguilera Luis De Sells 2,485 Shares

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 2,485 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $18.06, for a total value of $44,879.10. Following the completion of the sale, the chief executive officer owned 242,945 shares in the company, valued at $4,387,586.70. The trade was a 1.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Friday, May 15th, La Aguilera Luis De sold 805 shares of USCB Financial stock. The stock was sold at an average price of $18.05, for a total value of $14,530.25.
• On Thursday, May 14th, La Aguilera Luis De sold 22,883 shares of USCB Financial stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $18.16, for a total transaction of $237,896.00.

USCB Financial Price Performance

Shares of USCB Financial stock traded down $0.06 during trading hours on Tuesday, reaching $18.01. The stock had a trading volume of 12,401 shares, compared to its average volume of 53,126. The stock’s 50 day moving average is $18.76 and its 200 day moving average is $18.77. The firm has a market capitalization of $328.84 million, a PE ratio of 12.55 and a beta of 0.53. USCB Financial Holdings, Inc. has a twelve month low of $15.56 and a twelve month high of $20.78. 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 (NASDAQ:USCB) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). The firm had revenue of $26.18 million during the quarter, compared to analyst estimates of $25.95 million. USCB Financial had a return on equity of 15.37% and a net margin of 17.04%. Equities analysts expect that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current fiscal year.

USCB Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be given 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 2.8%. USCB Financial’s dividend payout ratio is 34.97%.

Institutional Trading of USCB Financial

Several large investors have recently bought and sold shares of USCB. Geode Capital Management LLC grew its stake in USCB Financial by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 248,716 shares of the company’s stock valued at $4,114,000 after acquiring an additional 4,242 shares in the last quarter. Hsbc Holdings PLC grew its stake in USCB Financial by 25.9% during the 2nd quarter. Hsbc Holdings PLC now owns 32,875 shares of the company’s stock valued at $546,000 after acquiring an additional 6,770 shares in the last quarter. First Trust Advisors LP purchased a new stake in USCB Financial during the 2nd quarter valued at about $212,000. Gabelli Funds LLC purchased a new stake in USCB Financial during the 2nd quarter valued at about $563,000. Finally, Alliancebernstein L.P. grew its stake in shares of USCB Financial by 9.0% in the 2nd quarter. Alliancebernstein L.P. now owns 973,088 shares of the company’s stock valued at $16,095,000 after buying an additional 79,983 shares during the period. Hedge funds and other institutional investors own 61.34% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on USCB. Hovde Group upped their price target on shares of USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a research report on Monday, April 27th. Piper Sandler upped their price target on shares of USCB Financial from $23.00 to $24.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 28th. Zacks Research upgraded shares of USCB Financial from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. Wall Street Zen upgraded shares of USCB Financial from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Finally, Raymond James Financial restated a “strong-buy” rating on shares of USCB Financial in a research report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate 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.