Sound Financial Bancorp, Inc. $SFBC Shares Sold by Arcus Capital Partners LLC

Arcus Capital Partners LLC reduced its position in Sound Financial Bancorp, Inc. (NASDAQ:SFBC) by 22.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,593 shares of the bank’s stock after selling 2,540 shares during the quarter. Arcus Capital Partners LLC owned about 0.33% of Sound Financial Bancorp worth $395,000 at the end of the most recent reporting period.

Separately, Operose Advisors LLC acquired a new stake in shares of Sound Financial Bancorp in the first quarter valued at approximately $25,000. Institutional investors and hedge funds own 68.85% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on SFBC. Wall Street Zen raised Sound Financial Bancorp from a “sell” rating to a “hold” rating in a report on Sunday, August 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Sound Financial Bancorp in a report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Sound Financial Bancorp Price Performance

Sound Financial Bancorp stock opened at $44.77 on Friday. The business has a 50 day simple moving average of $46.59 and a 200-day simple moving average of $47.95. The stock has a market capitalization of $115.06 million, a PE ratio of 18.42 and a beta of 0.17. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.12 and a quick ratio of 1.11. Sound Financial Bancorp, Inc. has a 12 month low of $44.00 and a 12 month high of $55.85.

Sound Financial Bancorp (NASDAQ:SFBC) last released its earnings results on Tuesday, July 29th. The bank reported $0.79 EPS for the quarter. The company had revenue of $10.38 million during the quarter. Sound Financial Bancorp had a return on equity of 6.05% and a net margin of 10.02%.

Sound Financial Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Monday, August 11th were paid a $0.19 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.76 annualized dividend and a yield of 1.7%. Sound Financial Bancorp’s payout ratio is presently 31.28%.

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.