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 that occurred on 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 transaction, the chief executive officer owned 242,945 shares of the company’s stock, valued at approximately $4,387,586.70. This represents a 1.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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 value 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 value of $96,447.33.
• On Thursday, May 7th, La Aguilera Luis De sold 10,005 shares of USCB Financial stock. The shares were 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 shares were 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 Performance

USCB Financial stock opened at $17.99 on Wednesday. The stock has a market cap of $328.50 million, a P/E ratio of 12.58 and a beta of 0.53. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The stock has a 50 day moving average of $18.75 and a 200-day moving average of $18.78. 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 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 business had revenue of $26.18 million for the quarter, compared to analysts’ expectations of $25.95 million. USCB Financial had a net margin of 17.04% and a return on equity of 15.37%. On average, analysts expect that USCB Financial Holdings, Inc. will post 2.02 EPS for the current fiscal year.

USCB Financial Announces Dividend

The firm also recently announced 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. This represents a $0.50 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, May 15th. USCB Financial’s dividend payout ratio is 34.97%.

Hedge Funds Weigh In On USCB Financial

Large investors have recently added to or reduced their stakes in the company. TD Asset Management Inc bought a new position in USCB Financial during the third quarter worth $748,000. Russell Investments Group Ltd. increased its position in USCB Financial by 188.9% in the fourth quarter. Russell Investments Group Ltd. now owns 6,404 shares of the company’s stock worth $118,000 after buying an additional 4,187 shares during the period. BNP Paribas Financial Markets increased its position in USCB Financial by 100.3% in the third 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 period. NewEdge Advisors LLC increased its position in USCB Financial by 60.1% in the fourth quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock worth $31,000 after buying an additional 638 shares during the period. Finally, Bank of New York Mellon Corp increased its position in USCB Financial by 10.9% in the first quarter. Bank of New York Mellon Corp now owns 48,008 shares of the company’s stock worth $890,000 after buying an additional 4,711 shares during the period. 61.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Piper Sandler increased their target price on USCB Financial from $23.00 to $24.00 and gave the company an “overweight” rating in a research note on Tuesday, April 28th. Raymond James Financial restated a “strong-buy” rating on shares of USCB Financial in a research note on Monday, April 27th. Zacks Research upgraded USCB Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. Wall Street Zen upgraded USCB Financial from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Finally, Hovde Group raised their price objective on USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a research note 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.