Ramon A. Rodriguez Purchases 900 Shares of USCB Financial Holdings, Inc. (NASDAQ:USCB) Stock

USCB Financial Holdings, Inc. (NASDAQ:USCB) Director Ramon A. Rodriguez purchased 900 shares of USCB Financial stock in a transaction that occurred on Tuesday, April 30th. The stock was purchased at an average price of $11.18 per share, with a total value of $10,062.00. Following the transaction, the director now owns 4,400 shares in the company, valued at approximately $49,192. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

USCB Financial Stock Down 1.8 %

USCB stock opened at $11.74 on Friday. The company has a 50 day moving average of $11.00 and a two-hundred day moving average of $11.42. 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 company has a market cap of $230.69 million, a price-to-earnings ratio of 15.25 and a beta of 0.35.

USCB Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Investors of record on Wednesday, May 15th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.20 annualized dividend and a dividend yield of 1.70%. USCB Financial’s dividend payout ratio is 25.97%.

Wall Street Analyst Weigh In

USCB has been the subject of a number of research analyst reports. Raymond James increased their target price on USCB Financial from $12.00 to $13.00 and gave the company an “outperform” rating in a report on Monday, January 29th. Keefe, Bruyette & Woods raised their price objective on USCB Financial from $14.00 to $15.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 30th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Kennedy Capital Management LLC lifted its holdings in shares of 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 buying an additional 5,243 shares during the last quarter. Pacific Ridge Capital Partners LLC increased its stake in shares of USCB Financial by 5.5% during the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 425,085 shares of the company’s stock worth $4,468,000 after purchasing an additional 22,229 shares during the last quarter. LWM Advisory Services LLC bought a new position in shares of USCB Financial during the 3rd quarter valued at $38,000. Salzhauer Michael acquired a new stake in shares of USCB Financial in the 1st quarter valued at $200,000. Finally, Basswood Capital Management L.L.C. bought a new stake in USCB Financial in the fourth quarter worth $3,016,000. Hedge funds and other institutional investors own 61.34% of the company’s stock.

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.