Sound Financial Bancorp (NASDAQ:SFBC) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $46.45 and traded as high as $53.03. Sound Financial Bancorp shares last traded at $52.53, with a volume of 1,626 shares traded.

Sound Financial Bancorp Trading Down 1.3 %

The company has a debt-to-equity ratio of 0.51, a current ratio of 1.12 and a quick ratio of 1.12. The company has a market capitalization of $134.48 million, a price-to-earnings ratio of 34.33 and a beta of 0.68. The business has a fifty day moving average price of $54.03 and a 200 day moving average price of $46.45.

Sound Financial Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend is Tuesday, November 12th. Sound Financial Bancorp’s payout ratio is currently 49.67%.

Insiders Place Their Bets

In other news, Director Robert F. Carney sold 925 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $45.00, for a total transaction of $41,625.00. Following the completion of the transaction, the director now owns 6,934 shares of the company’s stock, valued at approximately $312,030. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 1,203 shares of company stock worth $56,564 in the last ninety days. Insiders own 12.60% of the company’s stock.

Hedge Funds Weigh In On Sound Financial Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Empowered Funds LLC lifted its position 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 worth $509,000 after acquiring an additional 875 shares during the period. Stilwell Value LLC raised its stake in shares of Sound Financial Bancorp by 0.5% in the first quarter. Stilwell Value LLC now owns 410,019 shares of the bank’s stock valued at $16,684,000 after purchasing an additional 2,041 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Sound Financial Bancorp by 7.2% in the second quarter. Dimensional Fund Advisors LP now owns 16,811 shares of the bank’s stock worth $739,000 after purchasing an additional 1,122 shares during the period. Finally, Arcus Capital Partners LLC acquired a new stake in Sound Financial Bancorp during the third quarter worth $503,000. 68.85% of the stock is currently owned by institutional investors.

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.