La Aguilera Luis De Sells 10,000 Shares of USCB Financial (NASDAQ:USCB) Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 10,000 shares of the company’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $18.02, for a total transaction of $180,200.00. Following the completion of the transaction, the chief executive officer owned 245,893 shares in the company, valued at approximately $4,430,991.86. This trade represents a 3.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

USCB Financial Stock Up 0.6%

USCB stock opened at $18.85 on Friday. USCB Financial Holdings, Inc. has a one year low of $15.39 and a one year high of $20.78. The stock has a market capitalization of $341.37 million, a P/E ratio of 14.50 and a beta of 0.60. The company has a 50 day moving average price of $18.85 and a two-hundred day moving average price of $17.82. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.87 and a current ratio of 0.87.

USCB Financial (NASDAQ:USCB) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.07). USCB Financial had a net margin of 16.36% and a return on equity of 14.78%. The business had revenue of $25.53 million during the quarter, compared to analysts’ expectations of $26.34 million. As a group, sell-side analysts expect that USCB Financial Holdings, Inc. will post 1.58 EPS for the current year.

USCB Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Tuesday, February 17th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.7%. This is a positive change from USCB Financial’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Tuesday, February 17th. USCB Financial’s dividend payout ratio (DPR) is currently 30.77%.

Hedge Funds Weigh In On USCB Financial

A number of large investors have recently bought and sold shares of USCB. SG Americas Securities LLC acquired a new stake in USCB Financial in the fourth quarter worth $100,000. Millennium Management LLC increased its stake in USCB Financial by 13.1% during the 3rd quarter. Millennium Management LLC now owns 43,868 shares of the company’s stock valued at $765,000 after buying an additional 5,064 shares during the period. Citadel Advisors LLC increased its stake in shares of USCB Financial by 142.6% during the third quarter. Citadel Advisors LLC now owns 28,540 shares of the company’s stock valued at $498,000 after acquiring an additional 16,776 shares during the period. Bank of America Corp DE raised its stake in shares of USCB Financial by 16.8% in the 3rd quarter. Bank of America Corp DE now owns 38,711 shares of the company’s stock worth $676,000 after buying an additional 5,573 shares in the last quarter. Finally, Patriot Financial Partners GP II L.P. bought a new stake in USCB Financial in the third quarter worth about $35,527,000. Institutional investors own 61.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of USCB Financial in a research report on Monday, December 29th. Zacks Research cut shares of USCB Financial from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, USCB Financial has an average rating of “Buy” and a consensus 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.