Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Director James E. Sweeney Sells 592 Shares

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Director James E. Sweeney sold 592 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $52.57, for a total transaction of $31,121.44. Following the completion of the transaction, the director now owns 2,942 shares in the company, valued at $154,660.94. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Sound Financial Bancorp Stock Performance

NASDAQ:SFBC opened at $54.70 on Wednesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market capitalization of $140.03 million, a price-to-earnings ratio of 35.75 and a beta of 0.68. The company’s 50-day moving average is $53.97 and its two-hundred day moving average is $46.65. Sound Financial Bancorp, Inc. has a 1-year low of $35.78 and a 1-year high of $55.99.

Sound Financial Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 12th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $0.76 annualized dividend and a dividend yield of 1.39%. Sound Financial Bancorp’s dividend payout ratio is currently 49.67%.

Hedge Funds Weigh In On Sound Financial Bancorp

Large investors have recently made changes to their positions in the stock. Empowered Funds LLC lifted its holdings in shares of Sound Financial Bancorp by 7.4% in the 1st quarter. Empowered Funds LLC now owns 12,660 shares of the bank’s stock worth $509,000 after acquiring an additional 875 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Sound Financial Bancorp by 7.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 16,811 shares of the bank’s stock worth $739,000 after buying an additional 1,122 shares in the last quarter. Arcus Capital Partners LLC acquired a new stake in Sound Financial Bancorp during the 3rd quarter worth approximately $503,000. Finally, Stilwell Value LLC lifted its holdings in Sound Financial Bancorp by 0.5% during the 1st quarter. Stilwell Value LLC now owns 410,019 shares of the bank’s stock worth $16,684,000 after buying an additional 2,041 shares in the last quarter. 68.85% of the stock is currently owned by institutional investors and hedge funds.

About Sound Financial Bancorp

Sound Financial Bancorp, Inc operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. It accepts various deposits products comprising savings, money market deposit, NOW, and demand accounts, as well as certificates of deposit.