USCB Financial Holdings, Inc. (NASDAQ:USCB) Director Ramon A. Rodriguez Buys 900 Shares

USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) Director Ramon A. Rodriguez acquired 900 shares of the firm's stock in a transaction that occurred on Tuesday, April 30th. The shares were bought at an average cost of $11.18 per share, for a total transaction of $10,062.00. Following the acquisition, the director now owns 4,400 shares of the company's stock, valued at approximately $49,192. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

USCB Financial Trading Up 1.1 %

USCB stock traded up $0.13 on Thursday, hitting $11.95. 10,497 shares of the company were exchanged, compared to its average volume of 21,087. USCB Financial Holdings, Inc. has a twelve month low of $8.56 and a twelve month high of $12.97. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.93 and a quick ratio of 0.93. The business's fifty day moving average is $10.98 and its two-hundred day moving average is $11.41. The stock has a market capitalization of $234.82 million, a price-to-earnings ratio of 15.56 and a beta of 0.35.

USCB Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 5th. Investors of record on Wednesday, May 15th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.67%. The ex-dividend date is Tuesday, May 14th. USCB Financial's dividend payout ratio (DPR) is 25.97%.

Hedge Funds Weigh In On USCB Financial

Institutional investors and hedge funds have recently bought and sold shares of the stock. LWM Advisory Services LLC acquired a new position in USCB Financial during the third quarter worth approximately $38,000. Salzhauer Michael acquired a new position in USCB Financial during the first quarter worth approximately $200,000. Kennedy Capital Management LLC increased its position in USCB Financial by 7.9% during the third quarter. Kennedy Capital Management LLC now owns 71,717 shares of the company's stock worth $754,000 after purchasing an additional 5,243 shares during the last quarter. Basswood Capital Management L.L.C. acquired a new stake in shares of USCB Financial in the fourth quarter worth $3,016,000. Finally, Pacific Ridge Capital Partners LLC increased its position in shares of USCB Financial by 5.5% in the third quarter. Pacific Ridge Capital Partners LLC now owns 425,085 shares of the company's stock worth $4,468,000 after acquiring an additional 22,229 shares in the last quarter. Institutional investors and hedge funds own 61.34% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on USCB. Keefe, Bruyette & Woods upped their price target on shares of USCB Financial from $14.00 to $15.00 and gave the company an "outperform" rating in a report on Tuesday, January 30th. Raymond James upped their price target on shares of USCB Financial from $12.00 to $13.00 and gave the company an "outperform" rating in a report on Monday, January 29th.

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.