USCB Financial (NASDAQ:USCB) Rating Increased to Hold at Wall Street Zen

Key Points

• Wall Street Zen upgraded USCB Financial from "sell" to "hold," and the stock carries a consensus "Moderate Buy" rating with a $22 consensus price target as several analysts raised targets (Piper Sandler $24, Hovde $20).
• USCB reported Q1 EPS of $0.47 (missed by $0.01) with revenue slightly above estimates; the stock trades near $18.35, has a P/E of 12.8, market cap about $335M, and a return on equity of 15.44%.
• Insiders sold 58,000 shares (~$1.06M) in the last 90 days but still own 49.5% of the company, while institutional investors hold roughly 61.3% of shares.

USCB Financial (NASDAQ:USCB - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a note issued to investors on Sunday.

A number of other equities analysts have also commented on USCB. Zacks Research raised shares of USCB Financial from a "strong sell" rating to a "hold" rating in a report on Monday, March 30th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of USCB Financial in a research note on Monday, April 27th. Hovde Group upped their price objective on shares of USCB Financial from $19.50 to $20.00 and gave the company a "market perform" rating in a research note on Monday, April 27th. Finally, Piper Sandler upped their price objective on shares of USCB Financial from $23.00 to $24.00 and gave the company an "overweight" rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.00.

USCB Financial Stock Up 0.6%

Shares of NASDAQ USCB opened at $18.35 on Friday. The company has a 50-day moving average price of $18.96 and a 200-day moving average price of $18.69. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a market capitalization of $335.07 million, a P/E ratio of 12.83 and a beta of 0.53. USCB Financial has a 1 year low of $15.56 and a 1 year high of $20.78.

USCB Financial (NASDAQ:USCB - Get Free Report) last posted its earnings results on Thursday, April 23rd. The company reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by ($0.01). The firm had revenue of $26.18 million for the quarter, compared to the consensus estimate of $25.95 million. USCB Financial had a return on equity of 15.44% and a net margin of 17.04%. On average, equities research analysts forecast that USCB Financial will post 2.02 EPS for the current fiscal year.

Insider Transactions at USCB Financial

In other news, EVP Andres Collazo sold 8,000 shares of the firm's stock in a transaction dated Saturday, March 7th. The shares were sold at an average price of $18.27, for a total transaction of $146,160.00. Following the sale, the executive vice president owned 32,950 shares of the company's stock, valued at $601,996.50. This trade represents a 19.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder W Kirk Wycoff sold 12,848 shares of the firm's stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $18.28, for a total transaction of $234,861.44. Following the completion of the transaction, the insider directly owned 1,813,786 shares in the company, valued at approximately $33,156,008.08. The trade was a 0.70% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 58,000 shares of company stock worth $1,058,674. Insiders own 49.50% of the company's stock.

Institutional Investors Weigh In On USCB Financial

Institutional investors and hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC raised its position in shares of USCB Financial by 60.1% during the fourth quarter. NewEdge Advisors LLC now owns 1,700 shares of the company's stock valued at $31,000 after buying an additional 638 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of USCB Financial by 66.2% during the third quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company's stock valued at $39,000 after buying an additional 883 shares during the last quarter. BNP Paribas Financial Markets increased its stake in USCB Financial by 100.3% in the third quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company's stock worth $65,000 after purchasing an additional 1,854 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of USCB Financial by 2,081.3% in the second quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company's stock worth $70,000 after purchasing an additional 4,017 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of USCB Financial in the fourth quarter worth about $100,000. Institutional investors own 61.34% of the company's stock.

USCB Financial Company Profile

USCB Financial NASDAQ: USCB is a bank holding company headquartered in Columbia, South Carolina, serving as the parent company of United Security Bank. Established to support community banking in the Midlands region, the company focuses on relationship-driven financial services tailored to both individuals and businesses. As a regional player, USCB Financial emphasizes personalized service through a network of full-service branch offices.

The company’s core business activities include commercial and consumer lending, deposit products and alternative delivery channels.

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