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 that occurred on Wednesday, May 21st. The shares were sold at an average price of $16.94, for a total transaction of $84,700.00. Following the completion of the sale, the chief executive officer now owns 238,974 shares in the company, valued at approximately $4,048,219.56. The trade was a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
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 stock was sold at an average price of $16.70, for a total transaction of $417,500.00.
USCB Financial Stock Down 2.1%
Shares of USCB opened at $16.26 on Friday. The stock has a 50 day simple moving average of $17.47 and a two-hundred day simple moving average of $18.35. 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 Holdings, Inc. has a 1 year low of $11.69 and a 1 year high of $21.86. The firm has a market cap of $325.88 million, a P/E ratio of 13.22 and a beta of 0.67.
USCB Financial (NASDAQ:USCB - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.38 EPS 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 company had revenue of $22.83 million during the quarter, compared to analyst estimates of $22.94 million. On average, analysts forecast 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 disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be issued a $0.10 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.40 annualized dividend and a yield of 2.46%. USCB Financial's dividend payout ratio (DPR) is presently 28.99%.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on USCB. Keefe, Bruyette & Woods dropped their price objective on shares of USCB Financial from $23.00 to $21.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Raymond James cut shares of USCB Financial from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 2nd.
Read Our Latest Research Report on USCB Financial
Hedge Funds Weigh In On USCB Financial
Several hedge funds and other institutional investors have recently modified their holdings of USCB. BNP Paribas Financial Markets bought a new position in shares of USCB Financial during the fourth quarter valued at approximately $36,000. Wells Fargo & Company MN raised its stake in shares of USCB Financial by 32.8% in the fourth quarter. Wells Fargo & Company MN now owns 5,799 shares of the company's stock worth $103,000 after buying an additional 1,431 shares during the period. Deutsche Bank AG purchased a new position in shares of USCB Financial in the first quarter valued at about $165,000. Nuveen LLC purchased a new position in USCB Financial during the first quarter valued at $289,000. Finally, JPMorgan Chase & Co. raised 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 purchasing an additional 13,692 shares in the last quarter. Hedge funds and other institutional investors 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.
See Also
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