Sound Financial Bancorp (NASDAQ:SFBC) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Sound Financial Bancorp, Inc. (NASDAQ:SFBC)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $45.64 and traded as low as $43.31. Sound Financial Bancorp shares last traded at $43.51, with a volume of 3,441 shares.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sound Financial Bancorp in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Sound Financial Bancorp Stock Down 0.2%

The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.34. The business has a 50-day simple moving average of $44.27 and a 200-day simple moving average of $45.64. The company has a market cap of $111.82 million, a PE ratio of 16.48 and a beta of 0.10.

Sound Financial Bancorp (NASDAQ:SFBC) last announced its earnings results on Tuesday, October 28th. The bank reported $0.66 earnings per share for the quarter. Sound Financial Bancorp had a return on equity of 6.48% and a net margin of 10.97%.The business had revenue of $9.82 million during the quarter.

Sound Financial Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Friday, November 7th were given a $0.19 dividend. The ex-dividend date was Friday, November 7th. This represents a $0.76 annualized dividend and a dividend yield of 1.7%. Sound Financial Bancorp’s dividend payout ratio (DPR) is 28.79%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SFBC. Bank of America Corp DE boosted its holdings in Sound Financial Bancorp by 4,863.2% in the 2nd quarter. Bank of America Corp DE now owns 943 shares of the bank’s stock worth $43,000 after buying an additional 924 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Sound Financial Bancorp in the second quarter valued at approximately $47,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Sound Financial Bancorp in the second quarter worth approximately $54,000. New York State Common Retirement Fund purchased a new stake in shares of Sound Financial Bancorp during the second quarter worth approximately $101,000. Finally, FNY Investment Advisers LLC increased its position in shares of Sound Financial Bancorp by 52.6% during the second quarter. FNY Investment Advisers LLC now owns 9,600 shares of the bank’s stock worth $441,000 after purchasing an additional 3,307 shares in the last quarter. 68.85% of the stock is owned by hedge funds and other institutional investors.

Sound Financial Bancorp Company Profile

Sound Financial Bancorp, Inc is a bank holding company and the parent of Sound Community Bank, a community‐oriented financial institution headquartered in University Place, Washington. Through its subsidiary, the company delivers a broad array of banking and financial services to individuals, small businesses and commercial clients throughout the Puget Sound region. Emphasizing relationship banking, Sound Financial Bancorp seeks to support local economic development by offering personalized service and community engagement.

The company’s core offerings include deposit products such as checking and savings accounts, money market accounts and certificates of deposit, as well as a full spectrum of lending solutions.