Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Director Sells $31,121.44 in Stock

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Director James E. Sweeney sold 592 shares of the company’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 transaction, the director now owns 2,942 shares in the company, valued at approximately $154,660.94. The trade was a 16.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Sound Financial Bancorp Stock Up 0.2 %

Shares of NASDAQ:SFBC opened at $54.59 on Friday. The company has a 50 day moving average of $53.94 and a 200-day moving average of $46.81. Sound Financial Bancorp, Inc. has a one year low of $35.80 and a one year high of $55.99. The stock has a market cap of $139.75 million, a price-to-earnings ratio of 35.68 and a beta of 0.68. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.12 and a quick ratio of 1.12.

Sound Financial Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Tuesday, November 12th. Sound Financial Bancorp’s payout ratio is 49.67%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SFBC. Arcus Capital Partners LLC bought a new stake in Sound Financial Bancorp in the third quarter valued at about $503,000. Stilwell Value LLC boosted its holdings in Sound Financial Bancorp by 0.5% during the first 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 during the last quarter. Dimensional Fund Advisors LP grew its position in shares of 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 during the period. Finally, Empowered Funds LLC increased its stake 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 valued at $509,000 after acquiring an additional 875 shares during the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.

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.