Insider Selling: Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Director Sells $19,145.68 in Stock

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Director David S. Haddad, Jr. sold 356 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $53.78, for a total transaction of $19,145.68. Following the completion of the transaction, the director now owns 3,528 shares of the company’s stock, valued at $189,735.84. This trade represents a 9.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Sound Financial Bancorp Stock Performance

Shares of SFBC stock opened at $54.75 on Friday. The company’s fifty day moving average price is $53.92 and its two-hundred day moving average price is $46.86. 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 firm has a market capitalization of $140.16 million, a P/E ratio of 35.68 and a beta of 0.68. Sound Financial Bancorp, Inc. has a 12 month low of $35.80 and a 12 month high of $55.99.

Sound Financial Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date is Tuesday, November 12th. Sound Financial Bancorp’s dividend payout ratio is currently 49.67%.

Institutional Investors Weigh In On Sound Financial Bancorp

A number of hedge funds have recently bought and sold shares of the business. Empowered Funds LLC grew its holdings in Sound Financial Bancorp by 7.4% during 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 in the last quarter. Dimensional Fund Advisors LP grew its stake 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 in the last quarter. Arcus Capital Partners LLC bought a new stake in Sound Financial Bancorp in the third quarter valued at about $503,000. Geode Capital Management LLC raised its stake in Sound Financial Bancorp by 6.3% during the third quarter. Geode Capital Management LLC now owns 23,885 shares of the bank’s stock valued at $1,278,000 after buying an additional 1,407 shares in the last quarter. Finally, State Street Corp lifted its holdings in Sound Financial Bancorp by 10.9% during the 3rd quarter. State Street Corp now owns 5,095 shares of the bank’s stock worth $273,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds 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.