Sound Financial Bancorp (NASDAQ:SFBC) Share Price Passes Above 200 Day Moving Average - What's Next?

Sound Financial Bancorp, Inc. (NASDAQ:SFBC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $47.27 and traded as high as $54.74. Sound Financial Bancorp shares last traded at $52.81, with a volume of 1,906 shares traded.

Sound Financial Bancorp Stock Down 2.2 %

The company has a market capitalization of $135.19 million, a P/E ratio of 34.52 and a beta of 0.68. The company has a 50-day moving average of $53.90 and a two-hundred day moving average of $47.27. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.51.

Sound Financial Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 12th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date is Tuesday, November 12th. Sound Financial Bancorp's dividend payout ratio (DPR) 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 company's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $52.57, for a total value of $31,121.44. Following the sale, the director now owns 2,942 shares in the company, valued at approximately $154,660.94. This represents a 16.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 1,226 shares of company stock valued at $65,206 in the last three months. 12.60% of the stock is currently owned by company insiders.

Institutional Trading of Sound Financial Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC grew its stake in shares of Sound Financial Bancorp by 6.3% in the third quarter. Geode Capital Management LLC now owns 23,885 shares of the bank's stock worth $1,278,000 after acquiring an additional 1,407 shares during the last quarter. State Street Corp increased its stake in Sound Financial Bancorp by 10.9% during 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 in the last quarter. Arcus Capital Partners LLC bought a new stake in Sound Financial Bancorp during the 3rd quarter valued at about $503,000. Finally, Dimensional Fund Advisors LP raised its holdings 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 buying an additional 1,122 shares during the last quarter. Hedge funds and other institutional investors own 68.85% 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.