USCB Financial (NASDAQ:USCB) Stock Rating Lowered by Zacks Research

USCB Financial (NASDAQ:USCB) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of USCB Financial in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $22.00.

USCB Financial Stock Up 4.0%

Shares of USCB opened at $18.73 on Wednesday. The business’s 50 day moving average is $18.84 and its 200 day moving average is $17.80. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.24. USCB Financial has a 12-month low of $15.39 and a 12-month high of $20.78. The company has a market capitalization of $339.20 million, a PE ratio of 14.41 and a beta of 0.60.

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

Insider Transactions at USCB Financial

In other news, Director W Kirk Wycoff sold 39,000 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $18.68, for a total value of $728,520.00. Following the sale, the director owned 1,856,286 shares of the company’s stock, valued at approximately $34,675,422.48. This represents a 2.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 179,623 shares of company stock valued at $3,303,784 in the last ninety days. 49.50% of the stock is owned by company insiders.

Institutional Trading of USCB Financial

Institutional investors have recently added to or reduced their stakes in the company. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of USCB Financial during the second quarter valued at approximately $38,000. Russell Investments Group Ltd. lifted its stake in shares of USCB Financial by 66.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company’s stock worth $39,000 after acquiring an additional 883 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in USCB Financial by 100.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company’s stock valued at $65,000 after acquiring an additional 1,854 shares during the period. Tower Research Capital LLC TRC grew its position in USCB Financial by 2,081.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company’s stock valued at $70,000 after acquiring an additional 4,017 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in USCB Financial in the fourth quarter worth $100,000. Institutional investors own 61.34% of the company’s stock.

About USCB Financial

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.