Shares of Sound Financial Bancorp, Inc. (NASDAQ:SFBC – Get Free Report) passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $44.26 and traded as low as $44.23. Sound Financial Bancorp shares last traded at $44.23, with a volume of 2,700 shares.
Analyst Ratings Changes
Separately, Weiss Ratings raised shares of Sound Financial Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 31st. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat, Sound Financial Bancorp currently has an average rating of “Buy”.
Read Our Latest Analysis on SFBC
Sound Financial Bancorp Stock Performance
The business’s fifty day moving average price is $45.80 and its two-hundred day moving average price is $44.26. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market capitalization of $113.67 million, a P/E ratio of 13.16 and a beta of 0.03.
Sound Financial Bancorp (NASDAQ:SFBC – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The bank reported $0.90 EPS for the quarter. Sound Financial Bancorp had a net margin of 13.88% and a return on equity of 7.82%. The firm had revenue of $9.49 million during the quarter.
Sound Financial Bancorp Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, November 6th will be given a dividend of $0.21 per share. The ex-dividend date is Friday, November 6th. This represents a $0.84 dividend on an annualized basis and a yield of 1.9%. Sound Financial Bancorp’s dividend payout ratio is 25.00%.
Insider Transactions at Sound Financial Bancorp
In other news, CEO Laura Stewart sold 900 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $45.99, for a total value of $41,391.00. Following the completion of the sale, the chief executive officer directly owned 8,100 shares of the company’s stock, valued at $372,519. This trade represents a 10.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.30% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Sound Financial Bancorp
Several large investors have recently modified their holdings of SFBC. BlackRock Inc. purchased a new stake in Sound Financial Bancorp during the 2nd quarter valued at $1,616,000. Pacific Sage Partners LLC purchased a new position in Sound Financial Bancorp during the second quarter worth $1,560,000. Finally, Empowered Funds LLC purchased a new position in Sound Financial Bancorp during the second quarter worth $278,000. Institutional investors own 68.85% of the company’s stock.
About Sound Financial Bancorp
Sound Financial Bancorp, Inc is a bank holding company headquartered in Seattle, Washington. Through its principal subsidiary, Sound Community Bank, the company provides banking and financial services to individuals, families, businesses and nonprofit organizations in the Puget Sound region.
Sound Community Bank offers deposit products, including checking, savings, money market and certificate accounts, along with residential mortgage, commercial real estate, construction, commercial and industrial, consumer and small-business loans.
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