Sound Financial Bancorp (NASDAQ:SFBC) Stock Price Passes Above 200-Day Moving Average of $41.90

Sound Financial Bancorp, Inc. (NASDAQ:SFBC)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $41.90 and traded as high as $55.30. Sound Financial Bancorp shares last traded at $54.80, with a volume of 4,442 shares trading hands.

Sound Financial Bancorp Stock Up 0.5 %

The company has a 50-day moving average of $45.57 and a 200-day moving average of $42.08. The company has a market capitalization of $142.66 million, a price-to-earnings ratio of 23.82 and a beta of 0.68. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.51.

Sound Financial Bancorp (NASDAQ:SFBC) last announced its earnings results on Monday, July 29th. The bank reported $0.31 earnings per share (EPS) for the quarter. Sound Financial Bancorp had a return on equity of 3.91% and a net margin of 6.78%. The company had revenue of $8.61 million for the quarter.

Sound Financial Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Friday, August 9th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.36%. The ex-dividend date was Friday, August 9th. Sound Financial Bancorp’s dividend payout ratio is currently 32.62%.

Insider Activity

In other news, Director Robert F. Carney sold 925 shares of the stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $45.00, for a total value of $41,625.00. Following the transaction, the director now directly owns 6,934 shares of the company’s stock, valued at $312,030. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 12.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Stilwell Value LLC grew its holdings in Sound Financial Bancorp by 7.6% during the fourth quarter. Stilwell Value LLC now owns 407,978 shares of the bank’s stock worth $15,911,000 after acquiring an additional 28,845 shares during the period. Dimensional Fund Advisors LP grew its holdings in Sound Financial Bancorp by 7.2% during the second quarter. Dimensional Fund Advisors LP now owns 16,811 shares of the bank’s stock worth $739,000 after acquiring an additional 1,122 shares during the period. Finally, Empowered Funds LLC grew its holdings in Sound Financial Bancorp by 7.4% during the first 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 period. 68.85% of the stock is 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.