Key Points
- Insider sales: CEO La Aguilera sold 13,100 shares on May 6 at an average $18.16 ($237,896) and 16,895 shares on May 5 at $18.12 ($306,137.40), totaling about $544,033 in proceeds and leaving him with 242,945 shares (≈$4.41M), a roughly 5.12% reduction in his stake.
- Dividend announced: USCB declared a quarterly dividend of $0.125 (annualized $0.50) with an ex-dividend date of May 15, payable June 5, implying a yield of about 2.7%.
- Recent results and outlook: Q1 EPS was $0.47 (missed by $0.01) with revenue of $26.18M (slightly above expectations), and analysts hold a consensus "Moderate Buy" rating with a $22 target while several firms have raised price targets (e.g., Piper Sandler to $24).
USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) CEO La Aguilera Luis De sold 13,100 shares of the company's stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $18.16, for a total value of $237,896.00. Following the transaction, the chief executive officer directly owned 242,945 shares in the company, valued at approximately $4,411,881.20. The trade was a 5.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link.
La Aguilera Luis De also recently made the following trade(s):
- 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.
USCB Financial Stock Up 1.2%
Shares of USCB stock opened at $18.36 on Friday. The stock's fifty day moving average price is $18.89 and its 200 day moving average price is $18.72. USCB Financial Holdings, Inc. has a 1-year low of $15.56 and a 1-year high of $20.78. The company has a market cap of $335.25 million, a price-to-earnings ratio of 12.84 and a beta of 0.53. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.93 and a quick ratio of 0.93.
USCB Financial (NASDAQ:USCB - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.47 EPS for the quarter, missing analysts' consensus estimates of $0.48 by ($0.01). The business had revenue of $26.18 million during 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 15.44%. On average, research analysts expect that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current fiscal year.
USCB Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be given a $0.125 dividend. 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 presently 34.97%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in USCB. Patriot Financial Partners GP II L.P. acquired a new stake in USCB Financial during the 3rd quarter worth about $35,527,000. T. Rowe Price Investment Management Inc. boosted 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 purchasing an additional 71,728 shares in the last quarter. Endeavour Capital Advisors Inc. grew its stake in shares of USCB Financial by 0.5% during the 3rd quarter. Endeavour Capital Advisors Inc. now owns 1,247,211 shares of the company's stock worth $21,764,000 after purchasing an additional 6,262 shares during the period. Alliancebernstein L.P. grew its stake in shares of USCB Financial by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 973,088 shares of the company's stock worth $16,095,000 after purchasing an additional 79,983 shares during the period. Finally, Mendon Capital Advisors Corp increased its holdings in shares of USCB Financial by 3.1% during the 2nd quarter. Mendon Capital Advisors Corp now owns 691,048 shares of the company's stock valued at $11,430,000 after purchasing an additional 20,870 shares in the last quarter. 61.34% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on USCB. Raymond James Financial restated a "strong-buy" rating on shares of USCB Financial in a research note 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. Zacks Research raised USCB Financial from a "strong sell" rating to a "hold" rating in a research report on Monday, March 30th. Hovde Group lifted their price target 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. Finally, Piper Sandler boosted their price target on USCB Financial from $23.00 to $24.00 and gave the company an "overweight" rating in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $22.00.
Get Our Latest Stock Report on USCB
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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