USCB Financial (NASDAQ:USCB) CEO La Aguilera Luis De Sells 4,931 Shares

USCB Financial Holdings, Inc. (NASDAQ:USCBGet Free Report) CEO La Aguilera Luis De sold 4,931 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $18.01, for a total transaction of $88,807.31. Following the completion of the transaction, the chief executive officer directly owned 242,945 shares in the company, valued at $4,375,439.45. This represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through 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 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 Stock Performance

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 fifty-two week low of $15.56 and a fifty-two week high of $20.78. The stock has a market cap of $338.61 million, a PE ratio of 12.97 and a beta of 0.53. The firm’s fifty day simple moving average is $18.76 and its 200-day simple moving average is $18.79.

USCB Financial (NASDAQ:USCBGet Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). USCB Financial had a return on equity of 15.37% and a net margin of 17.04%.The company had revenue of $26.18 million for the quarter, compared to analyst estimates of $25.95 million. Analysts expect that USCB Financial Holdings, Inc. will post 2.02 earnings per share for the current fiscal year.

USCB Financial Dividend Announcement

The firm 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. The ex-dividend date is Friday, May 15th. This represents a $0.50 annualized dividend and a dividend yield of 2.7%. USCB Financial’s payout ratio is currently 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. purchased a new position in USCB Financial in the 3rd quarter valued at about $35,527,000. North Reef Capital Management LP acquired a new position in shares of USCB Financial during the 4th quarter valued at about $2,279,000. Mendon Capital Advisors Corp increased its stake in shares of USCB Financial by 17.9% during the 1st quarter. Mendon Capital Advisors Corp now owns 574,100 shares of the company’s stock valued at $10,644,000 after acquiring an additional 86,958 shares during the last quarter. Alliancebernstein L.P. increased 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 valued at $16,095,000 after acquiring an additional 79,983 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its stake in shares of USCB Financial by 5.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,316,580 shares of the company’s stock valued at $24,252,000 after acquiring an additional 71,728 shares during the last quarter. 61.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

USCB has been the topic of several recent research reports. Wall Street Zen upgraded shares of USCB Financial from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Raymond James Financial reiterated a “strong-buy” rating on shares of USCB Financial in a research report on Monday, April 27th. Zacks Research upgraded shares of USCB Financial from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. Hovde Group boosted their price objective on shares of 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 objective on shares of USCB Financial from $23.00 to $24.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 28th. One investment 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 company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $22.00.

Get Our Latest Report on USCB Financial

USCB Financial Company Profile

(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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