Key Points
- USCB Financial CEO La Aguilera Luis De sold 2,485 shares on May 18 at an average price of $18.06, totaling about $44,879. After the sale, he still held 242,945 shares worth roughly $4.39 million.
- The CEO has been actively selling shares in recent days, including multiple transactions from May 5 through May 15, with several large sales exceeding 10,000 shares each.
- USCB Financial reported mixed fundamentals: its latest quarterly EPS of $0.47 narrowly missed estimates, while revenue came in slightly above expectations. The company also declared a quarterly dividend of $0.125 per share, implying a 2.8% yield.
USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) CEO La Aguilera Luis De sold 805 shares of the firm's stock in a transaction on Friday, May 15th. The shares were sold at an average price of $18.05, for a total value of $14,530.25. Following the completion of the sale, the chief executive officer directly owned 242,945 shares of the company's stock, valued at approximately $4,385,157.25. This trade represents a 0.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
La Aguilera Luis De also recently made the following trade(s):
- 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 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 stock was 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 stock was 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 stock was sold at an average price of $18.16, for a total value of $237,896.00.
USCB Financial Price Performance
USCB Financial stock opened at $17.99 on Wednesday. The firm has a market capitalization of $328.50 million, a PE ratio of 12.58 and a beta of 0.53. USCB Financial Holdings, Inc. has a 52 week low of $15.56 and a 52 week high of $20.78. The firm's 50-day simple moving average is $18.75 and its 200 day simple moving average is $18.78. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.41.
USCB Financial (NASDAQ:USCB - Get Free Report) last posted its earnings results on Thursday, April 23rd. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.01). USCB Financial had a net margin of 17.04% and a return on equity of 15.37%. The business had revenue of $26.18 million for the quarter, compared to analysts' expectations of $25.95 million. On average, equities research 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 disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, May 15th. USCB Financial's payout ratio is currently 34.97%.
Hedge Funds Weigh In On USCB Financial
Several large investors have recently added to or reduced their stakes in USCB. Mendon Capital Advisors Corp boosted its stake in USCB Financial by 17.9% in the 1st quarter. Mendon Capital Advisors Corp now owns 574,100 shares of the company's stock worth $10,644,000 after buying an additional 86,958 shares during the last quarter. North Reef Capital Management LP increased its stake in shares of USCB Financial by 3.5% during the 1st quarter. North Reef Capital Management LP now owns 128,093 shares of the company's stock valued at $2,375,000 after acquiring an additional 4,352 shares during the last quarter. PNC Financial Services Group Inc. acquired a new position in shares of USCB Financial during the 1st quarter valued at about $41,000. Dimensional Fund Advisors LP lifted its holdings in shares of USCB Financial by 15.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 198,845 shares of the company's stock worth $3,687,000 after acquiring an additional 26,267 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of USCB Financial by 10.9% in the first quarter. Bank of New York Mellon Corp now owns 48,008 shares of the company's stock worth $890,000 after acquiring an additional 4,711 shares during the last quarter. 61.34% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
USCB has been the topic of a number of analyst reports. Raymond James Financial reiterated a "strong-buy" rating on shares of USCB Financial in a report on Monday, April 27th. Piper Sandler boosted their price target on USCB Financial from $23.00 to $24.00 and gave the stock an "overweight" rating in a report on Tuesday, April 28th. Hovde Group increased their price objective on USCB Financial from $19.50 to $20.00 and gave the company a "market perform" rating in a research note on Monday, April 27th. Zacks Research upgraded USCB Financial from a "strong sell" rating to a "hold" rating in a research report on Monday, March 30th. Finally, Wall Street Zen raised shares of USCB Financial from a "sell" rating to a "hold" rating in a research note on Sunday, May 3rd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, USCB Financial currently has an average rating of "Moderate Buy" and an average target price of $22.00.
Check Out Our Latest Analysis on USCB Financial
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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