Insider Buying: USCB Financial Holdings, Inc. (NASDAQ:USCB) Director Acquires $19,136.00 in Stock

USCB Financial Holdings, Inc. (NASDAQ:USCBGet Free Report) Director Ramon A. Rodriguez acquired 1,600 shares of the company’s stock in a transaction that occurred on Wednesday, May 29th. The stock was purchased at an average price of $11.96 per share, for a total transaction of $19,136.00. Following the purchase, the director now owns 6,000 shares of the company’s stock, valued at approximately $71,760. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

USCB Financial Price Performance

USCB Financial stock opened at $12.08 on Monday. USCB Financial Holdings, Inc. has a 12 month low of $9.32 and a 12 month high of $12.97. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.83. The business’s 50 day simple moving average is $11.42 and its 200 day simple moving average is $11.60. The company has a market cap of $237.49 million, a price-to-earnings ratio of 15.69 and a beta of 0.38.

USCB Financial (NASDAQ:USCBGet Free Report) last posted its quarterly earnings data on Thursday, April 25th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.21 by $0.02. USCB Financial had a return on equity of 8.50% and a net margin of 13.08%. The business had revenue of $17.62 million for the quarter, compared to the consensus estimate of $17.23 million. Sell-side analysts forecast that USCB Financial Holdings, Inc. will post 1 EPS for the current year.

USCB Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Wednesday, May 15th will be issued 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 1.66%. USCB Financial’s payout ratio is 25.97%.

Institutional Investors Weigh In On USCB Financial

Hedge funds and other institutional investors have recently bought and sold shares of the business. Salzhauer Michael bought a new stake in USCB Financial during the 1st quarter valued at $200,000. Jacobs Levy Equity Management Inc. bought a new stake in USCB Financial during the 1st quarter valued at $358,000. Kennedy Capital Management LLC raised its holdings in USCB Financial by 7.9% during the 3rd quarter. Kennedy Capital Management LLC now owns 71,717 shares of the company’s stock valued at $754,000 after acquiring an additional 5,243 shares during the period. Basswood Capital Management L.L.C. bought a new stake in USCB Financial during the 4th quarter valued at $3,016,000. Finally, Pacific Ridge Capital Partners LLC raised its holdings in USCB Financial by 5.5% during the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 425,085 shares of the company’s stock valued at $4,468,000 after acquiring an additional 22,229 shares during the period. Institutional investors own 61.34% of the company’s stock.

About USCB Financial

(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.

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Insider Buying and Selling by Quarter for USCB Financial (NASDAQ:USCB)

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