Sound Financial Bancorp, Inc. $SFBC Shares Bought by FNY Investment Advisers LLC

FNY Investment Advisers LLC grew its position in Sound Financial Bancorp, Inc. (NASDAQ:SFBC) by 52.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,600 shares of the bank’s stock after acquiring an additional 3,307 shares during the quarter. FNY Investment Advisers LLC’s holdings in Sound Financial Bancorp were worth $441,000 at the end of the most recent reporting period.

Separately, Arcus Capital Partners LLC purchased a new position in Sound Financial Bancorp during the 1st quarter worth $558,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Wall Street Zen raised shares of Sound Financial Bancorp from a “sell” rating to a “hold” rating in a report on Sunday, August 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Sound Financial Bancorp in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Sound Financial Bancorp Stock Up 0.4%

Shares of NASDAQ:SFBC opened at $45.46 on Wednesday. Sound Financial Bancorp, Inc. has a fifty-two week low of $44.00 and a fifty-two week high of $55.85. The company has a quick ratio of 1.11, a current ratio of 1.12 and a debt-to-equity ratio of 0.35. The firm’s 50-day simple moving average is $46.54 and its 200-day simple moving average is $47.88. The company has a market cap of $116.83 million, a price-to-earnings ratio of 18.71 and a beta of 0.17.

Sound Financial Bancorp (NASDAQ:SFBC) last announced its quarterly earnings data on Tuesday, July 29th. The bank reported $0.79 EPS for the quarter. Sound Financial Bancorp had a net margin of 10.02% and a return on equity of 6.05%. The firm had revenue of $10.38 million during the quarter.

Sound Financial Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Monday, August 11th were paid a $0.19 dividend. The ex-dividend date was Monday, August 11th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.7%. Sound Financial Bancorp’s payout ratio is 31.28%.

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.