USCB Financial Holdings, Inc. (NASDAQ:USCB) Holdings Trimmed by Elizabeth Park Capital Advisors Ltd.

Elizabeth Park Capital Advisors Ltd. decreased its position in USCB Financial Holdings, Inc. (NASDAQ:USCB - Free Report) by 25.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 88,599 shares of the company's stock after selling 30,257 shares during the period. Elizabeth Park Capital Advisors Ltd. owned approximately 0.45% of USCB Financial worth $1,573,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Barclays PLC increased its stake in USCB Financial by 57.8% during the 3rd quarter. Barclays PLC now owns 32,400 shares of the company's stock valued at $494,000 after buying an additional 11,866 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of USCB Financial by 228.4% in the third quarter. JPMorgan Chase & Co. now owns 19,686 shares of the company's stock valued at $300,000 after acquiring an additional 13,692 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of USCB Financial by 70.6% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 45,967 shares of the company's stock valued at $816,000 after acquiring an additional 19,028 shares during the period. Geode Capital Management LLC raised its holdings in USCB Financial by 1.4% during the third quarter. Geode Capital Management LLC now owns 237,892 shares of the company's stock worth $3,628,000 after purchasing an additional 3,250 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in USCB Financial in the fourth quarter worth approximately $332,000. Institutional investors and hedge funds own 61.34% of the company's stock.

Analysts Set New Price Targets

Separately, Raymond James cut USCB Financial from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd.

USCB Financial Price Performance

Shares of NASDAQ USCB traded up $0.07 during midday trading on Friday, reaching $16.67. The company's stock had a trading volume of 11,482 shares, compared to its average volume of 27,514. USCB Financial Holdings, Inc. has a one year low of $10.25 and a one year high of $21.86. The company has a market cap of $334.28 million, a price-to-earnings ratio of 13.52 and a beta of 0.65. The company has a 50 day moving average price of $18.54 and a 200 day moving average price of $17.90. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.55.

USCB Financial (NASDAQ:USCB - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.36 by ($0.02). USCB Financial had a net margin of 17.14% and a return on equity of 12.14%. On average, equities research analysts expect that USCB Financial Holdings, Inc. will post 1.58 EPS for the current year.

USCB Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Friday, February 14th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.40 dividend on an annualized basis and a yield of 2.40%. This is a boost from USCB Financial's previous quarterly dividend of $0.05. USCB Financial's dividend payout ratio (DPR) is currently 32.52%.

USCB Financial Company Profile

USCB Financial Holdings, Inc operates as the bank holding company for U.S. Century Bank that engages in the provision of various personal and business banking products and services in the United States. It accepts various deposit products, including commercial and consumer checking, money market deposit, savings, and time deposit accounts, as well as certificates of deposit.