Arcus Capital Partners LLC Takes $558,000 Position in Sound Financial Bancorp, Inc. (NASDAQ:SFBC)

Arcus Capital Partners LLC purchased a new position in Sound Financial Bancorp, Inc. (NASDAQ:SFBC - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,133 shares of the bank's stock, valued at approximately $558,000. Arcus Capital Partners LLC owned approximately 0.43% of Sound Financial Bancorp at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Alliancebernstein L.P. grew its stake in Sound Financial Bancorp by 1.3% during the 4th quarter. Alliancebernstein L.P. now owns 150,215 shares of the bank's stock worth $7,909,000 after buying an additional 1,863 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Sound Financial Bancorp by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 18,016 shares of the bank's stock worth $949,000 after buying an additional 435 shares during the last quarter. Northern Trust Corp grew its stake in Sound Financial Bancorp by 44.3% during the 4th quarter. Northern Trust Corp now owns 7,141 shares of the bank's stock valued at $376,000 after purchasing an additional 2,193 shares during the last quarter. FNY Investment Advisers LLC grew its stake in Sound Financial Bancorp by 13.8% during the 1st quarter. FNY Investment Advisers LLC now owns 6,293 shares of the bank's stock valued at $315,000 after purchasing an additional 763 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in Sound Financial Bancorp during the 4th quarter valued at about $235,000. 68.85% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded Sound Financial Bancorp from a "hold" rating to a "sell" rating in a research note on Saturday, July 5th.

Sound Financial Bancorp Stock Performance

Sound Financial Bancorp stock traded down $0.41 during trading hours on Thursday, hitting $46.20. 7,731 shares of the stock traded hands, compared to its average volume of 5,443. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.11 and a quick ratio of 1.11. The firm's 50 day moving average price is $49.05 and its 200-day moving average price is $50.71. The stock has a market capitalization of $118.73 million, a price-to-earnings ratio of 23.69 and a beta of 0.21. Sound Financial Bancorp, Inc. has a 1 year low of $42.16 and a 1 year high of $55.99.

Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The bank reported $0.45 earnings per share for the quarter. The business had revenue of $9.17 million for the quarter. Sound Financial Bancorp had a return on equity of 4.89% and a net margin of 8.12%.

Sound Financial Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 9th were issued a $0.19 dividend. The ex-dividend date was Friday, May 9th. This represents a $0.76 annualized dividend and a dividend yield of 1.65%. Sound Financial Bancorp's dividend payout ratio (DPR) is presently 38.97%.

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.