Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Major Shareholder Purchases $92,500.00 in Stock

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) major shareholder Joseph Stilwell bought 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The shares were bought at an average price of $37.00 per share, for a total transaction of $92,500.00. Following the completion of the acquisition, the insider now owns 180,097 shares in the company, valued at approximately $6,663,589. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Joseph Stilwell also recently made the following trade(s):

• On Wednesday, August 9th, Joseph Stilwell bought 200 shares of Sound Financial Bancorp stock. The shares were bought at an average price of $37.26 per share, for a total transaction of $7,452.00.
• On Thursday, August 3rd, Joseph Stilwell acquired 2,500 shares of Sound Financial Bancorp stock. The shares were acquired at an average price of $37.18 per share, with a total value of $92,950.00.
• On Friday, July 28th, Joseph Stilwell acquired 1,932 shares of Sound Financial Bancorp stock. The shares were acquired at an average price of $36.73 per share, with a total value of $70,962.36.
• On Wednesday, July 26th, Joseph Stilwell acquired 209 shares of Sound Financial Bancorp stock. The shares were acquired at an average price of $36.25 per share, with a total value of $7,576.25.
• On Monday, July 24th, Joseph Stilwell acquired 1,933 shares of Sound Financial Bancorp stock. The shares were acquired at an average price of $36.00 per share, with a total value of $69,588.00.
• On Thursday, July 20th, Joseph Stilwell acquired 2,500 shares of Sound Financial Bancorp stock. The shares were acquired at an average price of $35.99 per share, with a total value of $89,975.00.
• On Tuesday, July 18th, Joseph Stilwell acquired 6 shares of Sound Financial Bancorp stock. The shares were acquired at an average price of $35.50 per share, with a total value of $213.00.
• On Thursday, July 6th, Joseph Stilwell acquired 250 shares of Sound Financial Bancorp stock. The shares were acquired at an average price of $34.75 per share, with a total value of $8,687.50.
• On Thursday, June 22nd, Joseph Stilwell bought 2,500 shares of Sound Financial Bancorp stock. The stock was purchased at an average price of $33.75 per share, with a total value of $84,375.00.

Sound Financial Bancorp Price Performance

Shares of SFBC opened at $36.99 on Monday. The firm has a market cap of $95.10 million, a price-to-earnings ratio of 9.18 and a beta of 0.66. The stock has a 50 day moving average of $36.99 and a 200-day moving average of $36.86. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.72. Sound Financial Bancorp, Inc. has a 52 week low of $33.27 and a 52 week high of $44.99.

Sound Financial Bancorp (NASDAQ:SFBC) last issued its earnings results on Tuesday, July 25th. The bank reported $1.11 EPS for the quarter. The company had revenue of $10.64 million during the quarter. Sound Financial Bancorp had a return on equity of 10.77% and a net margin of 20.22%.

Sound Financial Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 23rd. Stockholders of record on Wednesday, August 9th were given a $0.19 dividend. The ex-dividend date was Tuesday, August 8th. This represents a $0.76 annualized dividend and a dividend yield of 2.05%. Sound Financial Bancorp’s payout ratio is 18.86%.

Institutional Trading of Sound Financial Bancorp

Several hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Sound Financial Bancorp by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 13,081 shares of the bank’s stock worth $484,000 after purchasing an additional 330 shares during the last quarter. State Street Corp lifted its holdings in shares of Sound Financial Bancorp by 3.3% in the 1st quarter. State Street Corp now owns 10,803 shares of the bank’s stock worth $400,000 after purchasing an additional 347 shares during the last quarter. M3F Inc. lifted its holdings in shares of Sound Financial Bancorp by 1.3% in the 1st quarter. M3F Inc. now owns 175,611 shares of the bank’s stock worth $6,499,000 after purchasing an additional 2,204 shares during the last quarter. Stilwell Value LLC lifted its holdings in shares of Sound Financial Bancorp by 1.0% in the 1st quarter. Stilwell Value LLC now owns 320,999 shares of the bank’s stock worth $11,880,000 after purchasing an additional 3,063 shares during the last quarter. Finally, BlackRock Inc. lifted its holdings in shares of Sound Financial Bancorp by 23.6% in the 2nd quarter. BlackRock Inc. now owns 26,038 shares of the bank’s stock worth $924,000 after purchasing an additional 4,974 shares during the last quarter. Institutional investors own 56.16% of the company’s stock.

About Sound Financial Bancorp

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.