USCB Financial Holdings, Inc. (NASDAQ:USCB) Receives Consensus Rating of “Moderate Buy” from Analysts

USCB Financial Holdings, Inc. (NASDAQ:USCB) has been assigned an average rating of “Moderate Buy” from the five research firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $22.00.

Several equities analysts have recently commented on the company. Wall Street Zen raised USCB Financial from a “hold” rating to a “buy” rating in a research note on Sunday. Piper Sandler boosted their price objective on shares of USCB Financial from $23.00 to $24.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of USCB Financial in a research report on Friday, May 29th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of USCB Financial 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 report on Monday, March 30th.

Insider Activity at USCB Financial

In other news, Director Ramon Abadin sold 9,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $18.21, for a total transaction of $163,890.00. Following the completion of the transaction, the director directly owned 24,561 shares in the company, valued at $447,255.81. This trade represents a 26.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO La Aguilera Luis De sold 49,414 shares of USCB Financial stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $18.30, for a total value of $904,276.20. Following the completion of the sale, the chief executive officer directly owned 242,945 shares of the company’s stock, valued at $4,445,893.50. The trade was a 16.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 248,122 shares of company stock valued at $4,514,106 in the last quarter. 49.50% of the stock is owned by insiders.

Institutional Investors Weigh In On USCB Financial

Large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC increased its position in shares of USCB Financial by 60.1% during the fourth quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock worth $31,000 after acquiring an additional 638 shares during the period. Russell Investments Group Ltd. raised its stake in 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 in the last quarter. PNC Financial Services Group Inc. purchased a new stake in USCB Financial during the 1st quarter worth about $41,000. BNP Paribas Financial Markets lifted its holdings in USCB Financial by 100.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company’s stock worth $65,000 after buying an additional 1,854 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of USCB Financial by 2,081.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company’s stock worth $70,000 after acquiring an additional 4,017 shares in the last quarter. 61.34% of the stock is owned by hedge funds and other institutional investors.

USCB Financial Price Performance

USCB stock opened at $20.16 on Thursday. USCB Financial has a one year low of $16.06 and a one year high of $20.93. The firm has a market cap of $368.12 million, a PE ratio of 14.10 and a beta of 0.51. The firm’s 50 day moving average price is $19.13 and its 200-day moving average price is $19.11. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.91.

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 the consensus estimate of $0.48 by ($0.01). The business had revenue of $26.18 million during the quarter, compared to analysts’ expectations of $25.95 million. USCB Financial had a return on equity of 15.37% and a net margin of 17.04%. On average, equities research analysts anticipate that USCB Financial will post 2.02 EPS for the current year.

USCB Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 15th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.5%. USCB Financial’s dividend payout ratio (DPR) is presently 34.97%.

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.