Sound Financial Bancorp (NASDAQ:SFBC) CEO Laura Lee Stewart Sells 900 Shares of Stock

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) CEO Laura Lee Stewart sold 900 shares of the business’s stock in a transaction 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 directly owned 9,000 shares in the company, valued at approximately $383,400. This represents a 9.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sound Financial Bancorp Stock Performance

NASDAQ:SFBC traded down $0.25 during trading on Tuesday, reaching $42.81. The company’s stock had a trading volume of 5,004 shares, compared to its average volume of 8,262. The firm has a market cap of $110.02 million, a price-to-earnings ratio of 14.60 and a beta of 0.02. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a 50 day moving average of $42.46 and a 200-day moving average of $43.20. Sound Financial Bancorp, Inc. has a 12 month low of $40.68 and a 12 month high of $48.85.

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

Sound Financial Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Monday, May 11th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Monday, May 11th. Sound Financial Bancorp’s dividend payout ratio (DPR) is 28.67%.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Sound Financial Bancorp

Several large investors have recently modified their holdings of SFBC. Alliancebernstein L.P. raised its position 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 purchasing an additional 2,880 shares during the period. Graham Capital Wealth Management LLC grew its stake in Sound Financial Bancorp by 275.4% in the 4th quarter. Graham Capital Wealth Management LLC now owns 90,346 shares of the bank’s stock valued at $3,942,000 after buying an additional 66,280 shares in the last quarter. Geode Capital Management LLC raised its holdings in Sound Financial Bancorp by 106.6% during the 2nd quarter. Geode Capital Management LLC now owns 50,505 shares of the bank’s stock valued at $2,324,000 after acquiring an additional 26,059 shares during the period. Pacific Sage Partners LLC boosted its holdings in shares of Sound Financial Bancorp by 573.8% in the fourth quarter. Pacific Sage Partners LLC now owns 36,192 shares of the bank’s stock worth $1,579,000 after acquiring an additional 30,821 shares during the period. Finally, Renaissance Technologies LLC bought a new position in shares of Sound Financial Bancorp in the fourth quarter worth $271,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.

About Sound Financial Bancorp

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.