Arcus Capital Partners LLC Buys New Position in Sound Financial Bancorp, Inc. (NASDAQ:SFBC)

Arcus Capital Partners LLC purchased a new position in Sound Financial Bancorp, Inc. (NASDAQ:SFBC) in the third quarter, HoldingsChannel.com reports. The firm purchased 9,400 shares of the bank’s stock, valued at approximately $503,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Empowered Funds LLC increased 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 purchasing an additional 875 shares during the last quarter. Stilwell Value LLC grew its stake in Sound Financial Bancorp by 0.5% in the first quarter. Stilwell Value LLC now owns 410,019 shares of the bank’s stock worth $16,684,000 after purchasing an additional 2,041 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings 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 valued at $739,000 after buying an additional 1,122 shares during the last quarter. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Sound Financial Bancorp Trading Up 0.9 %

NASDAQ:SFBC opened at $53.00 on Tuesday. Sound Financial Bancorp, Inc. has a 52 week low of $35.78 and a 52 week high of $55.99. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.51. The company has a market cap of $135.89 million, a PE ratio of 34.64 and a beta of 0.68. The business’s 50 day moving average is $53.97 and its two-hundred day moving average is $46.65.

Sound Financial Bancorp Announces Dividend

The business 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 $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Tuesday, November 12th. Sound Financial Bancorp’s dividend payout ratio is presently 49.67%.

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.