USCB Financial (NASDAQ:USCB) CEO La Aguilera Luis De Sells 19,947 Shares of Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 19,947 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $18.06, for a total value of $360,242.82. Following the completion of the transaction, the chief executive officer owned 242,945 shares in the company, valued at $4,387,586.70. The trade was a 7.59% 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 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 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 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 Trading Down 2.1%

Shares of USCB stock opened at $17.95 on Friday. The company has a 50 day moving average of $18.77 and a 200-day moving average of $18.76. The company has a quick ratio of 0.93, a current 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 firm has a market cap of $327.84 million, a P/E ratio of 12.55 and a beta of 0.53.

USCB Financial (NASDAQ:USCB) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.01). USCB Financial had a return on equity of 15.37% and a net margin of 17.04%.The company had revenue of $26.18 million for the quarter, compared to analysts’ expectations of $25.95 million. Sell-side analysts anticipate that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current year.

USCB Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.125 per share. The ex-dividend date is Friday, May 15th. This represents a $0.50 annualized dividend and a dividend yield of 2.8%. USCB Financial’s dividend payout ratio (DPR) is presently 34.97%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on USCB. Raymond James Financial restated a “strong-buy” rating on shares of USCB Financial in a research note on Monday, April 27th. Wall Street Zen upgraded shares of USCB Financial from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Piper Sandler lifted their price objective on shares of USCB Financial from $23.00 to $24.00 and gave the company an “overweight” rating in a research note on Tuesday, April 28th. Hovde Group lifted their price objective on shares of USCB Financial from $19.50 to $20.00 and gave the company a “market perform” rating in a research note on Monday, April 27th. Finally, Zacks Research upgraded shares of USCB Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $22.00.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC grew its position in shares of USCB Financial by 60.1% during the 4th quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock valued at $31,000 after purchasing an additional 638 shares in the last quarter. Russell Investments Group Ltd. grew its position in shares of USCB Financial by 66.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company’s stock valued at $39,000 after purchasing an additional 883 shares in the last quarter. SG Americas Securities LLC grew its position in shares of USCB Financial by 16.7% during the 1st quarter. SG Americas Securities LLC now owns 6,363 shares of the company’s stock valued at $118,000 after purchasing an additional 910 shares in the last quarter. TD Asset Management Inc grew its position in shares of USCB Financial by 4.2% during the 4th quarter. TD Asset Management Inc now owns 44,696 shares of the company’s stock valued at $823,000 after purchasing an additional 1,810 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of USCB Financial by 100.3% during the 3rd 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 in the last quarter. 61.34% of the stock is currently owned by hedge funds and other institutional investors.

About USCB Financial

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.