USCB Financial Holdings, Inc. (NASDAQ:USCB) Director Purchases $10,062.00 in Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) Director Ramon A. Rodriguez purchased 900 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The stock was acquired at an average price of $11.18 per share, for a total transaction of $10,062.00. Following the completion of the purchase, the director now directly owns 4,400 shares of the company’s stock, valued at approximately $49,192. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

USCB Financial Trading Down 1.8 %

Shares of USCB Financial stock opened at $11.74 on Friday. The company has a market capitalization of $230.69 million, a price-to-earnings ratio of 15.25 and a beta of 0.35. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.95. USCB Financial Holdings, Inc. has a 12-month low of $8.56 and a 12-month high of $12.97. The firm’s 50-day moving average price is $11.01 and its two-hundred day moving average price is $11.42.

USCB Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Shareholders 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 1.70%. USCB Financial’s payout ratio is 25.97%.

Wall Street Analyst Weigh In

Several research firms recently commented on USCB. 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 research note on Monday, January 29th. 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 research note on Tuesday, January 30th.

Institutional Investors Weigh In On USCB Financial

A number of large investors have recently bought and sold shares of USCB. 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 worth $754,000 after acquiring an additional 5,243 shares during the last quarter. Pacific Ridge Capital Partners LLC lifted its holdings 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 during the last quarter. LWM Advisory Services LLC bought a new position in shares of USCB Financial in the third quarter worth about $38,000. Salzhauer Michael bought a new position in shares of USCB Financial in the first quarter worth about $200,000. Finally, Basswood Capital Management L.L.C. bought a new position in shares of USCB Financial in the fourth quarter worth about $3,016,000. 61.34% of the stock is currently owned by institutional investors and hedge funds.

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.