USCB Financial (NASDAQ:USCB) CEO Sells $668,391.90 in Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) CEO La Aguilera Luis De sold 36,826 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $18.15, for a total transaction of $668,391.90. Following the completion of the transaction, the chief executive officer directly owned 242,945 shares of the company’s stock, valued at approximately $4,409,451.75. This represents a 13.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• On Thursday, May 21st, La Aguilera Luis De sold 49,414 shares of USCB Financial stock. The stock was sold at an average price of $18.30, for a total transaction of $904,276.20.
• On Tuesday, May 19th, La Aguilera Luis De sold 4,931 shares of USCB Financial stock. The stock was sold at an average price of $18.01, for a total transaction of $88,807.31.
• 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 transaction of $14,530.25.
• On Monday, May 18th, La Aguilera Luis De sold 2,485 shares of USCB Financial stock. The stock was sold at an average price of $18.06, for a total transaction of $44,879.10.
• 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $237,896.00.

USCB Financial Trading Up 0.4%

Shares of USCB Financial stock opened at $18.62 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a fifty day moving average price of $18.77 and a 200 day moving average price of $18.79. USCB Financial Holdings, Inc. has a 1 year low of $15.56 and a 1 year high of $20.78. The stock has a market cap of $340.00 million, a PE ratio of 13.02 and a beta of 0.53.

USCB Financial (NASDAQ:USCB) last issued its earnings results on Thursday, April 23rd. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.01). USCB Financial had a return on equity of 15.37% and a net margin of 17.04%.The business had revenue of $26.18 million for the quarter, compared to analysts’ expectations of $25.95 million. Equities research analysts predict that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current year.

USCB Financial Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its holdings in USCB Financial by 60.1% in the fourth quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock valued at $31,000 after buying an additional 638 shares in the last quarter. Russell Investments Group Ltd. grew its position in shares of 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 purchasing an additional 883 shares during the period. SG Americas Securities LLC grew its position in shares of USCB Financial by 16.7% in the first quarter. SG Americas Securities LLC now owns 6,363 shares of the company’s stock valued at $118,000 after purchasing an additional 910 shares during the period. TD Asset Management Inc grew its position in shares of USCB Financial by 4.2% in the fourth quarter. TD Asset Management Inc now owns 44,696 shares of the company’s stock valued at $823,000 after purchasing an additional 1,810 shares during the period. Finally, BNP Paribas Financial Markets grew its position in shares of USCB Financial by 100.3% in the third 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. Hedge funds and other institutional investors own 61.34% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on USCB. Raymond James Financial reaffirmed a “strong-buy” rating on shares of USCB Financial in a report on Monday, April 27th. Wall Street Zen raised shares of USCB Financial from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Piper Sandler lifted 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. Zacks Research raised shares of USCB Financial from a “strong sell” rating to a “hold” rating in a report on Monday, March 30th. Finally, Hovde Group lifted their price objective on shares of USCB Financial from $19.50 to $20.00 and gave the company a “market perform” rating in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, USCB Financial presently has a consensus rating of “Moderate Buy” and a consensus target price 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.