Endeavour Capital Advisors Inc. Has $23.16 Million Position in USCB Financial Holdings, Inc. (NASDAQ:USCB)

Endeavour Capital Advisors Inc. decreased its holdings in USCB Financial Holdings, Inc. (NASDAQ:USCB - Free Report) by 5.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,304,836 shares of the company's stock after selling 70,871 shares during the period. USCB Financial comprises approximately 7.4% of Endeavour Capital Advisors Inc.'s investment portfolio, making the stock its 3rd biggest holding. Endeavour Capital Advisors Inc. owned approximately 6.58% of USCB Financial worth $23,161,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Geode Capital Management LLC raised its holdings in USCB Financial by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 237,892 shares of the company's stock valued at $3,628,000 after acquiring an additional 3,250 shares during the period. MetLife Investment Management LLC boosted its stake in USCB Financial by 129.0% in the 3rd quarter. MetLife Investment Management LLC now owns 6,656 shares of the company's stock valued at $102,000 after purchasing an additional 3,750 shares during the period. Barclays PLC grew its holdings in USCB Financial by 57.8% in the 3rd quarter. Barclays PLC now owns 32,400 shares of the company's stock valued at $494,000 after buying an additional 11,866 shares in the last quarter. JPMorgan Chase & Co. increased 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 buying an additional 13,692 shares during the period. Finally, Stifel Financial Corp acquired a new stake in shares of USCB Financial during the third quarter worth $244,000. 61.34% of the stock is owned by institutional investors and hedge funds.

USCB Financial Price Performance

Shares of NASDAQ USCB traded up $0.02 during mid-day trading on Friday, reaching $17.00. The company had a trading volume of 43,587 shares, compared to its average volume of 28,309. The firm has a market cap of $340.90 million, a price-to-earnings ratio of 13.82 and a beta of 0.65. The business's 50-day simple moving average is $18.82 and its 200 day simple moving average is $17.86. USCB Financial Holdings, Inc. has a one year low of $10.25 and a one year high of $21.86. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.91 and a current ratio of 0.91.

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

USCB Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Friday, February 14th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date was Friday, February 14th. This is an increase from USCB Financial's previous quarterly dividend of $0.05. USCB Financial's dividend payout ratio (DPR) is currently 32.52%.

Analysts Set New Price Targets

Separately, Raymond James lowered shares of USCB Financial from an "outperform" rating to a "market perform" rating in a research report on Wednesday.

USCB Financial 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.