Sound Financial Bancorp (NASDAQ:SFBC) CEO Sells $38,340.00 in Stock

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) CEO Laura Lee Stewart sold 900 shares of the stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $42.60, for a total value of $38,340.00. Following the completion of the transaction, the chief executive officer owned 9,000 shares in the company, valued at approximately $383,400. The trade was a 9.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sound Financial Bancorp Stock Down 0.6%

Shares of NASDAQ SFBC traded down $0.25 during midday trading on Tuesday, hitting $42.81. 5,004 shares of the stock traded hands, compared to its average volume of 8,262. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.09 and a current ratio of 1.09. Sound Financial Bancorp, Inc. has a one year low of $40.68 and a one year high of $48.85. The business has a 50 day moving average price of $42.46 and a two-hundred day moving average price of $43.20. The company has a market cap of $110.02 million, a PE ratio of 14.60 and a beta of 0.02.

Sound Financial Bancorp (NASDAQ:SFBC) last posted its quarterly earnings results on Tuesday, April 28th. The bank reported $0.61 earnings per share (EPS) for the quarter. Sound Financial Bancorp had a net margin of 12.19% and a return on equity of 6.99%. The business had revenue of $9.96 million during the quarter.

Sound Financial Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Monday, May 11th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.84 annualized dividend and a dividend yield of 2.0%. Sound Financial Bancorp’s payout ratio is presently 28.67%.

Analyst Upgrades and Downgrades

SFBC has been the topic of several recent research reports. Wall Street Zen raised shares of Sound Financial Bancorp to a “hold” rating in a research report on Saturday, March 21st. Weiss Ratings raised Sound Financial Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 13th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SFBC. Graham Capital Wealth Management LLC boosted its holdings in Sound Financial Bancorp by 275.4% during the fourth quarter. Graham Capital Wealth Management LLC now owns 90,346 shares of the bank’s stock worth $3,942,000 after purchasing an additional 66,280 shares during the last quarter. Pacific Sage Partners LLC lifted its position in shares of Sound Financial Bancorp by 573.8% during the 4th quarter. Pacific Sage Partners LLC now owns 36,192 shares of the bank’s stock worth $1,579,000 after buying an additional 30,821 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Sound Financial Bancorp by 106.6% in the 2nd quarter. Geode Capital Management LLC now owns 50,505 shares of the bank’s stock worth $2,324,000 after buying an additional 26,059 shares during the last quarter. Renaissance Technologies LLC purchased a new position in shares of Sound Financial Bancorp in the 4th quarter worth approximately $271,000. Finally, Alliancebernstein L.P. grew its holdings in shares of Sound Financial Bancorp by 3.2% in the third quarter. Alliancebernstein L.P. now owns 92,003 shares of the bank’s stock valued at $4,238,000 after acquiring an additional 2,880 shares in the last quarter. 68.85% of the stock is owned by institutional investors.

Sound Financial Bancorp Company Profile

Sound Financial Bancorp, Inc is a bank holding company and the parent of Sound Community Bank, a community‐oriented financial institution headquartered in University Place, Washington. Through its subsidiary, the company delivers a broad array of banking and financial services to individuals, small businesses and commercial clients throughout the Puget Sound region. Emphasizing relationship banking, Sound Financial Bancorp seeks to support local economic development by offering personalized service and community engagement.

The company’s core offerings include deposit products such as checking and savings accounts, money market accounts and certificates of deposit, as well as a full spectrum of lending solutions.