Geode Capital Management LLC Buys 1,407 Shares of Sound Financial Bancorp, Inc. (NASDAQ:SFBC)

Geode Capital Management LLC increased its stake in shares of Sound Financial Bancorp, Inc. (NASDAQ:SFBC) by 6.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,885 shares of the bank’s stock after acquiring an additional 1,407 shares during the quarter. Geode Capital Management LLC owned about 0.93% of Sound Financial Bancorp worth $1,278,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted 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 purchasing an additional 1,122 shares in the last quarter. State Street Corp increased its holdings in shares of Sound Financial Bancorp by 10.9% in the third quarter. State Street Corp now owns 5,095 shares of the bank’s stock worth $273,000 after purchasing an additional 500 shares during the last quarter. Finally, Arcus Capital Partners LLC purchased a new stake in shares of Sound Financial Bancorp in the third quarter worth about $503,000. 68.85% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director James E. Sweeney sold 592 shares of Sound Financial Bancorp 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 completion of the transaction, the director now owns 2,942 shares in the company, valued at approximately $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 SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 1,026 shares of company stock worth $54,446. Insiders own 12.60% of the company’s stock.

Sound Financial Bancorp Price Performance

Shares of Sound Financial Bancorp stock opened at $53.36 on Friday. The firm has a market cap of $136.82 million, a PE ratio of 34.88 and a beta of 0.69. The stock has a 50 day moving average of $53.75 and a 200 day moving average of $50.64. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.51. Sound Financial Bancorp, Inc. has a 12 month low of $39.00 and a 12 month high of $55.99.

Sound Financial Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date was Tuesday, November 12th. Sound Financial Bancorp’s dividend payout ratio (DPR) is presently 49.67%.

Sound Financial Bancorp 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.