Robert B. Anderson Buys 19,289 Shares of USCB Financial Holdings, Inc. (NASDAQ:USCB) Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) CFO Robert B. Anderson bought 19,289 shares of the business's stock in a transaction on Tuesday, April 30th. The stock was acquired at an average cost of $11.14 per share, for a total transaction of $214,879.46. Following the completion of the transaction, the chief financial officer now owns 67,421 shares in the company, valued at $751,069.94. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

USCB Financial Stock Performance

Shares of NASDAQ USCB traded up $0.68 during trading on Wednesday, reaching $11.82. The stock had a trading volume of 14,660 shares, compared to its average volume of 21,214. USCB Financial Holdings, Inc. has a one year low of $8.56 and a one year high of $12.97. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market cap of $232.26 million, a PE ratio of 15.35 and a beta of 0.35. The firm's 50 day moving average price is $10.96 and its two-hundred day moving average price is $11.41.

USCB Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Investors of record on Wednesday, May 15th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, May 14th. This represents a $0.20 dividend on an annualized basis and a yield of 1.69%. USCB Financial's payout ratio is currently 25.97%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods boosted their price target on USCB Financial from $14.00 to $15.00 and gave the company an "outperform" rating in a report on Tuesday, January 30th. Raymond James boosted their price target on USCB Financial from $12.00 to $13.00 and gave the company an "outperform" rating in a report on Monday, January 29th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in USCB. Mendon Capital Advisors Corp bought a new position in USCB Financial during the 4th quarter worth $10,306,000. Basswood Capital Management L.L.C. acquired a new stake in shares of USCB Financial in the fourth quarter valued at $3,016,000. Pacific Ridge Capital Partners LLC lifted its holdings in shares of USCB Financial by 7.3% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 456,323 shares of the company's stock valued at $5,590,000 after buying an additional 31,238 shares during the period. Salzhauer Michael acquired a new stake in shares of USCB Financial in the first quarter valued at $200,000. Finally, Kennedy Capital Management LLC lifted its holdings in shares of USCB Financial by 7.9% in the third quarter. Kennedy Capital Management LLC now owns 71,717 shares of the company's stock valued at $754,000 after buying an additional 5,243 shares during the period. 61.34% of the stock is currently owned by institutional investors.

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.