Key Points
- USCB Financial CEO La Aguilera Luis De sold 36,826 shares on May 20 at an average price of $18.15, worth about $668,392. After the sale, he still held 242,945 shares valued at roughly $4.41 million.
- The CEO has been selling shares repeatedly in recent days, including several transactions from May 5 through May 19, indicating a steady reduction in his stake.
- USCB Financial recently reported quarterly EPS of $0.47, missing estimates by $0.01, and announced a quarterly dividend of $0.125 per share, implying an annualized yield of about 2.7%.
USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) CEO La Aguilera Luis De sold 4,931 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $18.01, for a total transaction of $88,807.31. Following the sale, the chief executive officer directly owned 242,945 shares of the company's stock, valued at approximately $4,375,439.45. This trade represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
La Aguilera Luis De also recently made the following trade(s):
- On Wednesday, May 20th, La Aguilera Luis De sold 36,826 shares of USCB Financial stock. The stock was sold at an average price of $18.15, for a total transaction of $668,391.90.
- 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $18.16, for a total transaction of $237,896.00.
USCB Financial Stock Up 0.7%
Shares of NASDAQ:USCB opened at $18.54 on Friday. 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 Holdings, Inc. has a 52-week low of $15.56 and a 52-week high of $20.78. The company has a 50 day moving average of $18.76 and a two-hundred day moving average of $18.79. The company has a market capitalization of $338.61 million, a price-to-earnings ratio of 12.97 and a beta of 0.53.
USCB Financial (NASDAQ:USCB - Get Free Report) last issued its quarterly earnings data 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 net margin of 17.04% and a return on equity of 15.37%. The firm had revenue of $26.18 million during the quarter, compared to analyst estimates of $25.95 million. As a group, analysts forecast 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 declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.7%. USCB Financial's dividend payout ratio (DPR) is presently 34.97%.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. Raymond James Financial restated a "strong-buy" rating on shares of USCB Financial in a research note on Monday, April 27th. Wall Street Zen upgraded USCB Financial from a "sell" rating to a "hold" rating in a research note on Sunday, May 3rd. Zacks Research upgraded USCB Financial from a "strong sell" rating to a "hold" rating in a research note on Monday, March 30th. Hovde Group raised their price objective on USCB Financial from $19.50 to $20.00 and gave the stock a "market perform" rating in a research note on Monday, April 27th. Finally, Piper Sandler raised their price objective on USCB Financial from $23.00 to $24.00 and gave the stock 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 given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $22.00.
Get Our Latest Analysis on USCB
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of USCB. Geode Capital Management LLC grew its holdings in USCB Financial by 1.7% during the second quarter. Geode Capital Management LLC now owns 248,716 shares of the company's stock worth $4,114,000 after acquiring an additional 4,242 shares during the period. Hsbc Holdings PLC grew its holdings in USCB Financial by 25.9% during the second quarter. Hsbc Holdings PLC now owns 32,875 shares of the company's stock worth $546,000 after acquiring an additional 6,770 shares during the period. First Trust Advisors LP acquired a new position in USCB Financial during the second quarter worth about $212,000. Gabelli Funds LLC acquired a new position in USCB Financial during the second quarter worth about $563,000. Finally, Alliancebernstein L.P. grew its holdings in USCB Financial by 9.0% during the second quarter. Alliancebernstein L.P. now owns 973,088 shares of the company's stock worth $16,095,000 after acquiring an additional 79,983 shares during the period. 61.34% of the stock is owned by institutional investors and hedge funds.
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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