USCB Financial Holdings, Inc. (NASDAQ:USCB) is Endeavour Capital Advisors Inc.'s 3rd Largest Position

Endeavour Capital Advisors Inc. lowered its stake in shares of USCB Financial Holdings, Inc. (NASDAQ:USCB - Free Report) by 5.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,304,836 shares of the company's stock after selling 70,871 shares during the quarter. USCB Financial makes up approximately 7.4% of Endeavour Capital Advisors Inc.'s portfolio, making the stock its 3rd largest holding. Endeavour Capital Advisors Inc. owned about 6.58% of USCB Financial worth $23,161,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of USCB Financial by 159.3% during the 4th quarter. JPMorgan Chase & Co. now owns 51,043 shares of the company's stock worth $906,000 after acquiring an additional 31,357 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its position in USCB Financial by 70.6% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 45,967 shares of the company's stock worth $816,000 after purchasing an additional 19,028 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of USCB Financial in the fourth quarter worth about $332,000. Stifel Financial Corp bought a new stake in shares of USCB Financial in the third quarter valued at approximately $244,000. Finally, Barclays PLC lifted its stake in shares of USCB Financial by 57.8% during 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. Hedge funds and other institutional investors own 61.34% of the company's stock.

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USCB Financial Price Performance

Shares of USCB Financial stock traded down $1.48 during trading on Thursday, hitting $16.98. The stock had a trading volume of 19,933 shares, compared to its average volume of 28,082. The firm has a market cap of $340.50 million, a price-to-earnings ratio of 13.80 and a beta of 0.64. USCB Financial Holdings, Inc. has a 12 month low of $10.25 and a 12 month high of $21.86. The business's 50-day moving average is $18.86 and its 200 day moving average is $17.83. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.55.

USCB Financial (NASDAQ:USCB - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The company reported $0.34 earnings per share 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%. As a group, sell-side analysts anticipate that USCB Financial Holdings, Inc. will post 1.58 earnings per share for the current year.

USCB Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Friday, February 14th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from USCB Financial's previous quarterly dividend of $0.05. This represents a $0.40 annualized dividend and a dividend yield of 2.36%. USCB Financial's dividend payout ratio is 32.52%.

Analyst Upgrades and Downgrades

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

About USCB Financial

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.