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

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 805 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $18.05, for a total transaction of $14,530.25. Following the sale, the chief executive officer owned 242,945 shares of the company’s stock, valued at $4,385,157.25. This represents a 0.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at 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 stock was 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 stock was sold at an average price of $18.14, for a total value 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 value 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 value of $237,896.00.

USCB Financial Stock Down 0.4%

Shares of NASDAQ USCB opened at $17.99 on Wednesday. The business has a 50-day moving average price of $18.75 and a 200 day moving average price of $18.78. The stock has a market cap of $328.50 million, a PE ratio of 12.58 and a beta of 0.53. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.41. USCB Financial Holdings, Inc. has a 52-week low of $15.56 and a 52-week high of $20.78.

USCB Financial (NASDAQ:USCB) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.01). The firm had revenue of $26.18 million for 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 research analysts forecast that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current year.

USCB Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors 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 annualized dividend and a yield of 2.8%. USCB Financial’s dividend payout ratio is 34.97%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on USCB. 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 raised 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. Zacks Research upgraded USCB Financial from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of USCB Financial in a research report on Monday, April 27th. Finally, Hovde Group lifted their target price on USCB Financial from $19.50 to $20.00 and gave the company a “market perform” rating in a research note on Monday, April 27th. One 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 company’s stock. According to MarketBeat.com, USCB Financial presently has a consensus rating of “Moderate Buy” and an average target price of $22.00.

Institutional Trading of USCB Financial

Several hedge funds and other institutional investors have recently made changes to their positions in USCB. Mendon Capital Advisors Corp increased its stake in shares of USCB Financial by 17.9% during the first quarter. Mendon Capital Advisors Corp now owns 574,100 shares of the company’s stock worth $10,644,000 after acquiring an additional 86,958 shares during the period. North Reef Capital Management LP lifted its position in USCB Financial by 3.5% in the first quarter. North Reef Capital Management LP now owns 128,093 shares of the company’s stock valued at $2,375,000 after purchasing an additional 4,352 shares during the period. PNC Financial Services Group Inc. purchased a new stake in USCB Financial in the 1st quarter valued at approximately $41,000. Dimensional Fund Advisors LP boosted its holdings in USCB Financial by 15.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 198,845 shares of the company’s stock valued at $3,687,000 after purchasing an additional 26,267 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in USCB Financial by 10.9% during the 1st quarter. Bank of New York Mellon Corp now owns 48,008 shares of the company’s stock worth $890,000 after purchasing an additional 4,711 shares during the period. Hedge funds and other institutional investors 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.