State Street Corp Boosts Holdings in Sound Financial Bancorp, Inc. (NASDAQ:SFBC)

State Street Corp lifted its position in shares of Sound Financial Bancorp, Inc. (NASDAQ:SFBC) by 10.9% during the third quarter, HoldingsChannel reports. The fund owned 5,095 shares of the bank’s stock after acquiring an additional 500 shares during the quarter. State Street Corp’s holdings in Sound Financial Bancorp were worth $273,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Dimensional Fund Advisors LP grew its stake in shares of Sound Financial Bancorp by 7.2% during 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 during the period. 68.85% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Sound Financial Bancorp news, Director James E. Sweeney sold 592 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $52.57, for a total transaction of $31,121.44. Following the completion of the transaction, 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 filing with the SEC, which is accessible through this link. Insiders have sold 1,026 shares of company stock worth $54,446 in the last three months. Corporate insiders own 12.60% of the company’s stock.

Sound Financial Bancorp Stock Down 3.0 %

SFBC stock opened at $53.34 on Friday. Sound Financial Bancorp, Inc. has a 52 week low of $39.00 and a 52 week high of $55.99. 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 company has a market cap of $136.76 million, a P/E ratio of 34.86 and a beta of 0.68. The company’s 50-day moving average price is $53.74 and its 200 day moving average price is $50.30.

Sound Financial Bancorp Dividend Announcement

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

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.