Hsbc Holdings PLC Has $485,000 Stock Holdings in USCB Financial Holdings, Inc. $USCB

Hsbc Holdings PLC boosted its position in shares of USCB Financial Holdings, Inc. (NASDAQ:USCB) by 21.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,105 shares of the company’s stock after buying an additional 4,552 shares during the quarter. Hsbc Holdings PLC owned approximately 0.13% of USCB Financial worth $485,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in USCB Financial by 12.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 100,597 shares of the company’s stock worth $1,786,000 after buying an additional 11,199 shares in the last quarter. Millennium Management LLC lifted its holdings in USCB Financial by 59.1% during the 4th quarter. Millennium Management LLC now owns 62,133 shares of the company’s stock worth $1,103,000 after buying an additional 23,072 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in USCB Financial by 15.4% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 53,055 shares of the company’s stock worth $985,000 after buying an additional 7,088 shares in the last quarter. Barclays PLC lifted its holdings in USCB Financial by 21.2% during the 4th quarter. Barclays PLC now owns 39,262 shares of the company’s stock worth $697,000 after buying an additional 6,862 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in USCB Financial by 5.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 31,912 shares of the company’s stock worth $592,000 after buying an additional 1,581 shares in the last quarter. Institutional investors and hedge funds own 61.34% of the company’s stock.

USCB Financial Stock Performance

USCB stock opened at $17.39 on Tuesday. The business’s fifty day moving average is $17.02 and its 200-day moving average is $17.30. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.47. The company has a market cap of $349.19 million, a P/E ratio of 11.83 and a beta of 0.62. USCB Financial Holdings, Inc. has a twelve month low of $13.85 and a twelve month high of $21.86.

USCB Financial (NASDAQ:USCB) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.02. The company had revenue of $24.40 million for the quarter, compared to the consensus estimate of $23.72 million. USCB Financial had a return on equity of 13.39% and a net margin of 19.51%. Equities research analysts forecast that USCB Financial Holdings, Inc. will post 1.58 EPS for the current year.

USCB Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Friday, August 15th will be given a $0.10 dividend. The ex-dividend date is Friday, August 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.3%. USCB Financial’s dividend payout ratio is currently 27.21%.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial upgraded shares of USCB Financial from a “market perform” rating to an “outperform” rating and set a $20.00 target price for the company in a research report on Monday, July 28th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $20.33.

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.