USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) CEO La Aguilera Luis De sold 25,000 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $16.70, for a total value of $417,500.00. Following the transaction, the chief executive officer now directly owns 238,974 shares in the company, valued at $3,990,865.80. The trade was a 9.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
La Aguilera Luis De also recently made the following trade(s):
- On Wednesday, May 21st, La Aguilera Luis De sold 5,000 shares of USCB Financial stock. The stock was sold at an average price of $16.94, for a total value of $84,700.00.
USCB Financial Stock Performance
NASDAQ USCB opened at $16.26 on Friday. The company has a market capitalization of $325.88 million, a price-to-earnings ratio of 13.22 and a beta of 0.67. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.55. USCB Financial Holdings, Inc. has a twelve month low of $11.69 and a twelve month high of $21.86. The stock has a fifty day simple moving average of $17.47 and a 200 day simple moving average of $18.35.
USCB Financial (NASDAQ:USCB - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The company reported $0.38 earnings per share for the quarter, hitting analysts' consensus estimates of $0.38. The firm had revenue of $22.83 million during the quarter, compared to the consensus estimate of $22.94 million. USCB Financial had a return on equity of 12.14% and a net margin of 17.14%. Sell-side analysts expect that USCB Financial Holdings, Inc. will post 1.58 EPS for the current year.
USCB Financial Dividend Announcement
The firm also recently announced 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 dividend on an annualized basis and a yield of 2.46%. USCB Financial's payout ratio is currently 28.99%.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods lowered their target price on USCB Financial from $23.00 to $21.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Raymond James downgraded shares of USCB Financial from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 2nd.
Read Our Latest Report on USCB Financial
Hedge Funds Weigh In On USCB Financial
Several institutional investors have recently added to or reduced their stakes in USCB. BNP Paribas Financial Markets acquired a new position in shares of USCB Financial during the 4th quarter valued at $36,000. Wells Fargo & Company MN increased its stake in USCB Financial by 32.8% in the fourth 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 in the last quarter. Deutsche Bank AG acquired a new position in shares of USCB Financial during the first quarter valued at about $165,000. Nuveen LLC bought a new position in shares of USCB Financial during the 1st quarter worth about $289,000. Finally, JPMorgan Chase & Co. grew its stake in shares of USCB Financial by 228.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 19,686 shares of the company's stock valued at $300,000 after buying an additional 13,692 shares during the period. 61.34% of the stock is owned by institutional investors and hedge funds.
USCB Financial Company Profile
(
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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