Empowered Funds LLC cut its position in Sound Financial Bancorp, Inc. (NASDAQ:SFBC – Free Report) by 41.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,691 shares of the bank’s stock after selling 5,384 shares during the quarter. Empowered Funds LLC owned approximately 0.30% of Sound Financial Bancorp worth $411,000 at the end of the most recent reporting period.
Separately, Dimensional Fund Advisors LP grew its stake in Sound Financial Bancorp by 7.2% during the second quarter. Dimensional Fund Advisors LP now owns 16,811 shares of the bank’s stock worth $739,000 after buying an additional 1,122 shares during the last quarter. 68.85% of the stock is owned by hedge funds and other institutional investors.
Sound Financial Bancorp Trading Up 2.3 %
SFBC opened at $54.00 on Monday. Sound Financial Bancorp, Inc. has a 1-year low of $35.80 and a 1-year high of $55.99. The stock has a market capitalization of $138.46 million, a PE ratio of 35.29 and a beta of 0.68. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.51. The firm has a 50-day moving average price of $53.88 and a two-hundred day moving average price of $47.52.
Sound Financial Bancorp Announces Dividend
Insider Buying and Selling
In related news, Director James E. Sweeney sold 592 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $52.57, for a total value of $31,121.44. Following the transaction, the director now owns 2,942 shares in the company, valued at $154,660.94. This trade represents a 16.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 1,226 shares of company stock worth $65,206 in the last quarter. Insiders own 12.60% of the company’s stock.
Sound Financial Bancorp Company Profile
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.
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