Sound Financial Bancorp (NASDAQ:SFBC) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Sound Financial Bancorp, Inc. (NASDAQ:SFBC)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $51.38 and traded as high as $52.70. Sound Financial Bancorp shares last traded at $52.38, with a volume of 3,628 shares.

Sound Financial Bancorp Price Performance

The company’s 50-day simple moving average is $53.71 and its 200 day simple moving average is $51.38. 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 company has a market cap of $134.09 million, a PE ratio of 34.24 and a beta of 0.69.

Sound Financial Bancorp (NASDAQ:SFBC) last posted its quarterly earnings results on Wednesday, October 30th. The bank reported $0.45 earnings per share (EPS) for the quarter. Sound Financial Bancorp had a return on equity of 3.88% and a net margin of 6.49%. The company had revenue of $16.07 million for the quarter.

Sound Financial Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 12th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date was Tuesday, November 12th. Sound Financial Bancorp’s dividend payout ratio is presently 49.67%.

Insider Transactions at Sound Financial Bancorp

In other Sound Financial Bancorp news, Director James E. Sweeney sold 592 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $52.57, for a total transaction of $31,121.44. Following the sale, the director now owns 2,942 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders sold 1,026 shares of company stock valued at $54,446. Insiders own 12.60% of the company’s stock.

Institutional Trading of Sound Financial Bancorp

A number of large investors have recently made changes to their positions in SFBC. Dimensional Fund Advisors LP lifted 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 valued at $739,000 after buying an additional 1,122 shares during the last quarter. Arcus Capital Partners LLC acquired a new position in shares of Sound Financial Bancorp in the 3rd quarter valued at $503,000. State Street Corp raised its position in Sound Financial Bancorp by 10.9% in the 3rd quarter. State Street Corp now owns 5,095 shares of the bank’s stock valued at $273,000 after purchasing an additional 500 shares during the last quarter. Geode Capital Management LLC boosted its stake in Sound Financial Bancorp by 6.3% during the 3rd quarter. Geode Capital Management LLC now owns 23,885 shares of the bank’s stock worth $1,278,000 after purchasing an additional 1,407 shares during the period. Finally, FNY Investment Advisers LLC grew its position in Sound Financial Bancorp by 97.1% during the 4th quarter. FNY Investment Advisers LLC now owns 5,530 shares of the bank’s stock worth $291,000 after purchasing an additional 2,725 shares during the last quarter. 68.85% of the stock is owned by institutional investors and hedge funds.

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.