USCB Financial (NASDAQ:USCB) Trading Up 0.1% – Still a Buy?

USCB Financial Holdings, Inc. (NASDAQ:USCB)’s stock price shot up 0.1% on Friday . The stock traded as high as $19.74 and last traded at $19.49. 22,352 shares were traded during mid-day trading, a decline of 65% from the average session volume of 63,532 shares. The stock had previously closed at $19.47.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Weiss Ratings restated a “buy (b)” rating on shares of USCB Financial in a research report on Monday, December 29th. Zacks Research lowered shares of USCB Financial from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $22.00.

USCB Financial Price Performance

The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.24. The company has a fifty day moving average price of $19.30 and a two-hundred day moving average price of $18.07. The firm has a market cap of $352.96 million, a P/E ratio of 14.99 and a beta of 0.60.

USCB Financial (NASDAQ:USCB) last announced its earnings results on Thursday, January 22nd. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.07). The company had revenue of $25.53 million for the quarter, compared to analyst estimates of $26.34 million. USCB Financial had a return on equity of 14.78% and a net margin of 16.36%. Equities analysts anticipate that USCB Financial Holdings, Inc. will post 1.58 earnings per share for the current year.

USCB Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Tuesday, February 17th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a boost from USCB Financial’s previous quarterly dividend of $0.10. USCB Financial’s dividend payout ratio (DPR) is currently 38.46%.

Insider Activity

In other USCB Financial news, Director W Kirk Wycoff sold 39,000 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $18.68, for a total transaction of $728,520.00. Following the completion of the transaction, the director owned 1,856,286 shares of the company’s stock, valued at $34,675,422.48. This represents a 2.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO La Aguilera Luis De sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $18.02, for a total transaction of $180,200.00. Following the transaction, the chief executive officer directly owned 245,893 shares of the company’s stock, valued at $4,430,991.86. This represents a 3.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 189,623 shares of company stock worth $3,483,984 in the last three months. Company insiders own 49.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in USCB. NewEdge Advisors LLC grew its position in USCB Financial by 60.1% in the fourth quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock valued at $31,000 after purchasing an additional 638 shares in the last quarter. Police & Firemen s Retirement System of New Jersey bought a new position in shares of USCB Financial in the 2nd quarter valued at about $38,000. Russell Investments Group Ltd. increased its position in shares of USCB Financial by 66.2% in the third quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company’s stock valued at $39,000 after acquiring an additional 883 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in USCB Financial by 100.3% during the third quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company’s stock worth $65,000 after acquiring an additional 1,854 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in USCB Financial by 2,081.3% during the second quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company’s stock valued at $70,000 after purchasing an additional 4,017 shares during the last quarter. Institutional investors and hedge funds 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.