Key Points
- CEO sale: USCB Financial CEO La Aguilera Luis De sold 10,000 shares on Jan. 29 at an average of $18.02 for $180,200, trimming his stake by 3.91% to 245,893 shares (≈$4.43M).
- Dividend increase: The board raised the quarterly dividend to $0.125 from $0.10 (a $0.50 annualized payout, ~2.7% yield); the record/ex-dividend date is Feb. 17 and the payment is due Mar. 5.
- Earnings and outlook: USCB missed quarterly estimates with $0.44 EPS vs. $0.51 expected and $25.53M revenue vs. $26.34M, though analysts still carry an average "Buy" rating and a $22 target price.
USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) CEO La Aguilera Luis De sold 10,000 shares of the stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $18.02, for a total transaction of $180,200.00. Following the completion of the sale, the chief executive officer directly owned 245,893 shares in the company, valued at approximately $4,430,991.86. The trade was a 3.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
USCB Financial Price Performance
Shares of NASDAQ:USCB opened at $18.85 on Friday. The company has a 50 day moving average of $18.85 and a 200 day moving average of $17.81. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.24. The stock has a market cap of $341.37 million, a P/E ratio of 14.50 and a beta of 0.60. USCB Financial Holdings, Inc. has a 12 month low of $15.39 and a 12 month high of $20.78.
USCB Financial (NASDAQ:USCB - Get Free Report) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.07). The firm had revenue of $25.53 million during the quarter, compared to the consensus estimate of $26.34 million. USCB Financial had a net margin of 16.36% and a return on equity of 14.78%. As a group, sell-side analysts forecast that USCB Financial Holdings, Inc. will post 1.58 EPS for the current fiscal year.
USCB Financial Increases Dividend
The firm also recently announced 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. The ex-dividend date is Tuesday, February 17th. This is a positive change from USCB Financial's previous quarterly dividend of $0.10. This represents a $0.50 annualized dividend and a yield of 2.7%. USCB Financial's dividend payout ratio (DPR) is presently 30.77%.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on USCB shares. Zacks Research downgraded USCB Financial from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of USCB Financial in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, USCB Financial presently has an average rating of "Buy" and an average target price of $22.00.
View Our Latest Analysis on USCB Financial
Institutional Investors Weigh In On USCB Financial
Hedge funds have recently added to or reduced their stakes in the company. Police & Firemen s Retirement System of New Jersey bought a new position in shares of USCB Financial during the 2nd quarter valued at about $38,000. Russell Investments Group Ltd. lifted its position in USCB Financial by 66.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company's stock worth $39,000 after buying an additional 883 shares during the last quarter. BNP Paribas Financial Markets boosted its stake 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 in the last quarter. Tower Research Capital LLC TRC grew its position in USCB Financial by 2,081.3% during the second quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company's stock valued at $70,000 after acquiring an additional 4,017 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in USCB Financial during the fourth quarter valued at approximately $100,000. Institutional investors own 61.34% of the company's stock.
About USCB Financial
(
Get Free Report)
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.
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