USCB Financial Holdings, Inc. (NASDAQ:USCB) Director Ramon A. Rodriguez Purchases 6,000 Shares

USCB Financial Holdings, Inc. (NASDAQ:USCB) Director Ramon A. Rodriguez purchased 6,000 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were acquired at an average cost of $14.61 per share, with a total value of $87,660.00. Following the completion of the purchase, the director now owns 12,000 shares of the company’s stock, valued at $175,320. The acquisition was disclosed in a filing with the SEC, which is available at this link.

USCB Financial Stock Up 1.1 %

NASDAQ:USCB traded up $0.16 during trading hours on Tuesday, reaching $15.22. 6,198 shares of the stock were exchanged, compared to its average volume of 24,377. The stock has a market cap of $299.07 million, a PE ratio of 19.56 and a beta of 0.39. USCB Financial Holdings, Inc. has a twelve month low of $10.04 and a twelve month high of $16.82. The firm has a 50 day moving average of $14.60 and a 200 day moving average of $12.64. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.93 and a quick ratio of 0.93.

USCB Financial (NASDAQ:USCB) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.07. The business had revenue of $35.83 million for the quarter, compared to analyst estimates of $18.56 million. USCB Financial had a net margin of 13.67% and a return on equity of 9.35%. During the same quarter in the previous year, the firm posted $0.21 earnings per share. On average, equities analysts expect that USCB Financial Holdings, Inc. will post 1.19 earnings per share for the current year.

USCB Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Thursday, August 15th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend was Thursday, August 15th. USCB Financial’s dividend payout ratio (DPR) is currently 25.97%.

Analyst Ratings Changes

USCB has been the subject of a number of analyst reports. Keefe, Bruyette & Woods lifted their target price on shares of USCB Financial from $14.00 to $16.50 and gave the stock an “outperform” rating in a report on Monday, July 29th. Hovde Group assumed coverage on USCB Financial in a research note on Monday, August 12th. They set a “market perform” rating and a $16.00 price objective for the company.

Institutional Trading of USCB Financial

A number of hedge funds have recently made changes to their positions in the business. Endeavour Capital Advisors Inc. boosted its holdings in shares of USCB Financial by 0.5% during the second quarter. Endeavour Capital Advisors Inc. now owns 1,378,028 shares of the company’s stock worth $17,680,000 after acquiring an additional 6,747 shares during the period. Mendon Capital Advisors Corp boosted its stake in USCB Financial by 611.6% in the 2nd quarter. Mendon Capital Advisors Corp now owns 610,136 shares of the company’s stock valued at $7,828,000 after purchasing an additional 524,398 shares during the period. Pacific Ridge Capital Partners LLC grew its holdings in USCB Financial by 7.3% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 456,323 shares of the company’s stock valued at $5,590,000 after buying an additional 31,238 shares in the last quarter. Vanguard Group Inc. increased its position in USCB Financial by 15.4% during the 1st quarter. Vanguard Group Inc. now owns 436,923 shares of the company’s stock worth $4,981,000 after buying an additional 58,365 shares during the period. Finally, Basswood Capital Management L.L.C. acquired a new stake in shares of USCB Financial during the fourth quarter worth $3,016,000. 61.34% of the stock is 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.