USCB Financial (NASDAQ:USCB) CEO La Aguilera Luis De Sells 22,883 Shares of Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 22,883 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $18.20, for a total value of $416,470.60. Following the transaction, the chief executive officer owned 242,945 shares of the company’s stock, valued at approximately $4,421,599. This represents a 8.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• 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 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 stock was sold at an average price of $18.16, for a total value of $237,896.00.

USCB Financial Stock Performance

USCB opened at $17.95 on Friday. The company has a market capitalization of $327.84 million, a price-to-earnings ratio of 12.55 and a beta of 0.53. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.91 and a quick ratio of 0.93. USCB Financial Holdings, Inc. has a 1-year low of $15.56 and a 1-year high of $20.78. The business has a 50 day moving average price of $18.77 and a two-hundred day moving average price of $18.76.

USCB Financial (NASDAQ:USCB) last released its earnings results 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%. Research analysts predict that USCB Financial Holdings, Inc. will post 2.02 EPS for the current fiscal year.

USCB Financial Dividend Announcement

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

Institutional Trading of USCB Financial

Large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its stake in 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 during the period. Russell Investments Group Ltd. raised its stake in 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 during the period. PNC Financial Services Group Inc. acquired a new stake in USCB Financial during the 1st quarter valued at $41,000. BNP Paribas Financial Markets raised its stake in 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 during the period. Finally, Tower Research Capital LLC TRC raised its stake in 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 valued at $70,000 after purchasing an additional 4,017 shares during the period. 61.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on USCB shares. Wall Street Zen upgraded USCB Financial from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Hovde Group upped their target price on USCB Financial from $19.50 to $20.00 and gave the stock a “market perform” rating in a research report on Monday, April 27th. Zacks Research upgraded USCB Financial from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. Piper Sandler upped their price target on USCB Financial from $23.00 to $24.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of USCB Financial in a report on Monday, April 27th. One research 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 data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.00.

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.