Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Major Shareholder Joseph Stilwell Buys 4,470 Shares

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) major shareholder Joseph Stilwell acquired 4,470 shares of the business’s stock in a transaction dated Friday, October 27th. The stock was purchased at an average price of $35.78 per share, with a total value of $159,936.60. Following the completion of the acquisition, the insider now directly owns 198,342 shares in the company, valued at approximately $7,096,676.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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, October 25th, Joseph Stilwell acquired 2,502 shares of Sound Financial Bancorp stock. The stock was purchased at an average price of $36.50 per share, with a total value of $91,323.00.
• On Wednesday, October 11th, Joseph Stilwell bought 200 shares of Sound Financial Bancorp stock. The shares were bought at an average price of $36.89 per share, with a total value of $7,378.00.
• On Thursday, October 5th, Joseph Stilwell bought 152 shares of Sound Financial Bancorp stock. The shares were bought at an average price of $36.75 per share, with a total value of $5,586.00.
• On Monday, October 2nd, Joseph Stilwell bought 184 shares of Sound Financial Bancorp stock. The shares were bought at an average price of $36.75 per share, with a total value of $6,762.00.
• On Thursday, September 28th, Joseph Stilwell bought 268 shares of Sound Financial Bancorp stock. The shares were bought at an average price of $36.90 per share, with a total value of $9,889.20.
• On Tuesday, September 26th, Joseph Stilwell bought 172 shares of Sound Financial Bancorp stock. The shares were bought at an average price of $36.75 per share, with a total value of $6,321.00.
• On Wednesday, September 20th, Joseph Stilwell purchased 848 shares of Sound Financial Bancorp stock. The shares were acquired at an average cost of $36.75 per share, with a total value of $31,164.00.
• On Monday, September 18th, Joseph Stilwell purchased 292 shares of Sound Financial Bancorp stock. The shares were acquired at an average cost of $36.50 per share, with a total value of $10,658.00.
• On Thursday, September 14th, Joseph Stilwell purchased 2,500 shares of Sound Financial Bancorp stock. The shares were acquired at an average cost of $37.00 per share, with a total value of $92,500.00.
• On Wednesday, August 9th, Joseph Stilwell purchased 200 shares of Sound Financial Bancorp stock. The shares were acquired at an average cost of $37.26 per share, with a total value of $7,452.00.

Sound Financial Bancorp Trading Up 0.3 %

SFBC opened at $35.52 on Tuesday. The business has a 50 day simple moving average of $37.03 and a two-hundred day simple moving average of $36.58. The firm has a market capitalization of $91.29 million, a price-to-earnings ratio of 10.12 and a beta of 0.65. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.16 and a quick ratio of 1.16. Sound Financial Bancorp, Inc. has a one year low of $33.27 and a one year high of $40.95.

Sound Financial Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Wednesday, November 8th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Tuesday, November 7th. Sound Financial Bancorp’s dividend payout ratio is currently 21.65%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SFBC. EA Series Trust bought a new position in shares of Sound Financial Bancorp in the 2nd quarter worth approximately $359,000. State Street Corp raised its position in shares of Sound Financial Bancorp by 14.5% in the 1st quarter. State Street Corp now owns 9,599 shares of the bank’s stock worth $366,000 after acquiring an additional 1,217 shares in the last quarter. Dimensional Fund Advisors LP raised its position 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 acquiring an additional 330 shares in the last quarter. BlackRock Inc. raised its position in shares of Sound Financial Bancorp by 294.0% in the 3rd quarter. BlackRock Inc. now owns 21,487 shares of the bank’s stock worth $871,000 after acquiring an additional 16,033 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Sound Financial Bancorp by 21.6% in the 1st quarter. Vanguard Group Inc. now owns 78,159 shares of the bank’s stock worth $2,978,000 after acquiring an additional 13,880 shares in 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.