La Aguilera Luis De Sells 2,485 Shares of USCB Financial (NASDAQ:USCB) Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 2,485 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $18.06, for a total value of $44,879.10. Following the completion of the sale, the chief executive officer owned 242,945 shares in the company, valued at $4,387,586.70. This represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed 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 shares were 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 shares were 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 shares were 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 shares were 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 Up 2.3%

USCB stock opened at $18.41 on Thursday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $336.17 million, a PE ratio of 12.87 and a beta of 0.53. USCB Financial Holdings, Inc. has a twelve month low of $15.56 and a twelve month high of $20.78. The stock has a 50-day simple moving average of $18.75 and a two-hundred day simple moving average of $18.78.

USCB Financial (NASDAQ:USCB) last posted 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 company 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, equities analysts predict that USCB Financial Holdings, Inc. will post 2.02 EPS for the current fiscal year.

USCB Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, May 15th. USCB Financial’s payout ratio is presently 34.97%.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Patriot Financial Partners GP II L.P. purchased a new position in shares of USCB Financial during the third quarter worth about $35,527,000. T. Rowe Price Investment Management Inc. lifted its position in USCB Financial by 5.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,316,580 shares of the company’s stock worth $24,252,000 after buying an additional 71,728 shares during the last quarter. Endeavour Capital Advisors Inc. lifted its position in USCB Financial by 0.5% in the 3rd quarter. Endeavour Capital Advisors Inc. now owns 1,247,211 shares of the company’s stock worth $21,764,000 after buying an additional 6,262 shares during the last quarter. Alliancebernstein L.P. lifted its position in USCB Financial by 9.0% in the 2nd quarter. Alliancebernstein L.P. now owns 973,088 shares of the company’s stock worth $16,095,000 after buying an additional 79,983 shares during the last quarter. Finally, Mendon Capital Advisors Corp lifted its position in USCB Financial by 3.1% in the 2nd quarter. Mendon Capital Advisors Corp now owns 691,048 shares of the company’s stock worth $11,430,000 after buying an additional 20,870 shares during the last quarter. Hedge funds and other institutional investors own 61.34% of the company’s stock.

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.