USCB Financial Holdings, Inc. (NASDAQ:USCB) Shares Acquired by Kennedy Capital Management LLC

Kennedy Capital Management LLC increased its position in USCB Financial Holdings, Inc. (NASDAQ:USCB - Free Report) by 309.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 285,305 shares of the company's stock after purchasing an additional 215,636 shares during the quarter. Kennedy Capital Management LLC owned approximately 1.44% of USCB Financial worth $5,064,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Wells Fargo & Company MN increased its holdings in shares of USCB Financial by 32.8% in the 4th quarter. Wells Fargo & Company MN now owns 5,799 shares of the company's stock valued at $103,000 after acquiring an additional 1,431 shares during the period. Stifel Financial Corp purchased a new stake in USCB Financial in the third quarter valued at approximately $244,000. Los Angeles Capital Management LLC acquired a new stake in shares of USCB Financial in the fourth quarter worth $332,000. JPMorgan Chase & Co. grew its position in USCB Financial by 228.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,686 shares of the company's stock worth $300,000 after purchasing an additional 13,692 shares during the period. Finally, Barclays PLC raised its position in USCB Financial by 57.8% during the third quarter. Barclays PLC now owns 32,400 shares of the company's stock valued at $494,000 after acquiring an additional 11,866 shares in the last quarter. Hedge funds and other institutional investors own 61.34% of the company's stock.

Wall Street Analyst Weigh In

Separately, Raymond James cut shares of USCB Financial from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd.

USCB Financial Price Performance

NASDAQ:USCB traded up $0.08 during trading hours on Friday, hitting $17.06. 23,978 shares of the stock were exchanged, compared to its average volume of 27,805. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.55. The firm's fifty day moving average price is $18.26 and its 200 day moving average price is $17.94. The company has a market cap of $342.10 million, a P/E ratio of 13.87 and a beta of 0.65. USCB Financial Holdings, Inc. has a 52-week low of $10.25 and a 52-week high of $21.86.

USCB Financial (NASDAQ:USCB - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The company reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by ($0.02). USCB Financial had a return on equity of 12.14% and a net margin of 17.14%. As a group, equities research analysts anticipate that USCB Financial Holdings, Inc. will post 1.58 EPS for the current fiscal year.

USCB Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Friday, February 14th were given a dividend of $0.10 per share. This is a boost from USCB Financial's previous quarterly dividend of $0.05. This represents a $0.40 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend was Friday, February 14th. USCB Financial's dividend payout ratio (DPR) is presently 32.52%.

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.