USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) CEO La Aguilera Luis De sold 5,000 shares of the firm's stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $16.94, for a total transaction of $84,700.00. Following the transaction, the chief executive officer now directly owns 238,974 shares in the company, valued at $4,048,219.56. This trade represents a 2.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
La Aguilera Luis De also recently made the following trade(s):
- On Thursday, May 22nd, La Aguilera Luis De sold 25,000 shares of USCB Financial stock. The shares were sold at an average price of $16.70, for a total transaction of $417,500.00.
USCB Financial Stock Performance
Shares of USCB stock traded down $0.16 during midday trading on Wednesday, hitting $16.58. The company had a trading volume of 12,131 shares, compared to its average volume of 28,661. USCB Financial Holdings, Inc. has a 52-week low of $11.80 and a 52-week high of $21.86. The company's 50 day simple moving average is $17.33 and its 200 day simple moving average is $18.31. The stock has a market cap of $332.40 million, a price-to-earnings ratio of 13.49 and a beta of 0.67. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.91 and a quick ratio of 0.91.
USCB Financial (NASDAQ:USCB - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported $0.38 earnings per share for the quarter, meeting analysts' consensus estimates of $0.38. USCB Financial had a net margin of 17.14% and a return on equity of 12.14%. The business had revenue of $22.83 million during the quarter, compared to analyst estimates of $22.94 million. Research analysts anticipate that USCB Financial Holdings, Inc. will post 1.58 earnings per share for the current fiscal year.
USCB Financial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be paid a $0.10 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.40 dividend on an annualized basis and a yield of 2.41%. USCB Financial's payout ratio is currently 28.99%.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on USCB shares. Keefe, Bruyette & Woods decreased their target price on shares of USCB Financial from $23.00 to $21.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Raymond James cut USCB Financial from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd.
Read Our Latest Stock Analysis on USCB Financial
Institutional Trading of USCB Financial
Several institutional investors have recently modified their holdings of USCB. JPMorgan Chase & Co. increased its stake in USCB Financial by 228.4% during 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 during the period. Los Angeles Capital Management LLC acquired a new stake in USCB Financial during the 4th quarter worth approximately $332,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in 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 worth $816,000 after purchasing an additional 19,028 shares during the last quarter. Wells Fargo & Company MN lifted its stake in USCB Financial by 32.8% in the 4th quarter. Wells Fargo & Company MN now owns 5,799 shares of the company's stock valued at $103,000 after purchasing an additional 1,431 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in USCB Financial by 17.6% in the 4th quarter. Renaissance Technologies LLC now owns 117,088 shares of the company's stock valued at $2,078,000 after buying an additional 17,488 shares in the last quarter. Institutional investors and hedge funds own 61.34% of the company's stock.
About USCB Financial
(
Get Free Report)
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.
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