Sound Financial Bancorp (NASDAQ:SFBC) Stock Price Passes Above Two Hundred Day Moving Average of $40.60

Sound Financial Bancorp, Inc. (NASDAQ:SFBC)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $40.60 and traded as high as $44.80. Sound Financial Bancorp shares last traded at $44.80, with a volume of 60,989 shares traded.

Sound Financial Bancorp Trading Up 4.3 %

The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a market capitalization of $115.15 million, a PE ratio of 18.88 and a beta of 0.66. The stock has a 50-day moving average price of $42.23 and a two-hundred day moving average price of $40.65.

Sound Financial Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Friday, August 9th will be given a dividend of $0.19 per share. The ex-dividend date is Friday, August 9th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.69%. Sound Financial Bancorp’s payout ratio is currently 32.62%.

Institutional Trading of Sound Financial Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Graham Capital Wealth Management LLC bought a new stake in Sound Financial Bancorp during the 4th quarter valued at approximately $250,000. Empowered Funds LLC increased its stake in 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 last quarter. Dimensional Fund Advisors LP increased its stake in Sound Financial Bancorp by 7.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 16,811 shares of the bank’s stock worth $739,000 after acquiring an additional 1,122 shares during the last quarter. Finally, Stilwell Value LLC increased its stake in Sound Financial Bancorp by 7.6% in the 4th quarter. Stilwell Value LLC now owns 407,978 shares of the bank’s stock worth $15,911,000 after acquiring an additional 28,845 shares during the last quarter. Institutional investors 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.