USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) CEO La Aguilera Luis De sold 25,000 shares of USCB Financial stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $16.70, for a total transaction of $417,500.00. Following the transaction, the chief executive officer now owns 238,974 shares of the company's stock, valued at $3,990,865.80. This represents a 9.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 transaction of $84,700.00.
USCB Financial Stock Performance
Shares of NASDAQ USCB traded down $0.16 during trading on Wednesday, hitting $16.58. The company had a trading volume of 12,131 shares, compared to its average volume of 28,661. The stock has a 50 day simple moving average of $17.33 and a 200 day simple moving average of $18.31. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market capitalization of $332.40 million, a P/E ratio of 13.49 and a beta of 0.67. USCB Financial Holdings, Inc. has a 12 month low of $11.80 and a 12 month high of $21.86.
USCB Financial (NASDAQ:USCB - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.38 earnings per share for the quarter, hitting the consensus estimate of $0.38. The business 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%. As a group, analysts anticipate that USCB Financial Holdings, Inc. will post 1.58 earnings per share for the current year.
USCB Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 15th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.41%. The ex-dividend date is Thursday, May 15th. USCB Financial's dividend payout ratio is presently 28.99%.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. Keefe, Bruyette & Woods reduced their price objective 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 shares of USCB Financial from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 2nd.
Get Our Latest Stock Report on USCB
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. 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 worth $103,000 after purchasing an additional 1,431 shares during the period. Charles Schwab Investment Management Inc. lifted its position in USCB Financial by 5.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 31,912 shares of the company's stock worth $592,000 after acquiring an additional 1,581 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of USCB Financial by 8.1% in the 4th quarter. Hsbc Holdings PLC now owns 21,553 shares of the company's stock valued at $382,000 after buying an additional 1,613 shares during the period. BNP Paribas Financial Markets purchased a new position in USCB Financial in the fourth quarter valued at $36,000. Finally, Bank of America Corp DE lifted its position in shares of USCB Financial by 25.9% during the 4th quarter. Bank of America Corp DE now owns 25,552 shares of the company's stock valued at $454,000 after buying an additional 5,252 shares in the last quarter. Hedge funds and other institutional investors own 61.34% of the company's stock.
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.
Further Reading
Before you consider USCB Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and USCB Financial wasn't on the list.
While USCB Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
