Sound Financial Bancorp (NASDAQ:SFBC) Shares Pass Below 200 Day Moving Average - Here's Why

Sound Financial Bancorp, Inc. (NASDAQ:SFBC - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $51.24 and traded as low as $45.04. Sound Financial Bancorp shares last traded at $46.17, with a volume of 7,845 shares.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Sound Financial Bancorp to a "hold" rating in a report on Saturday, May 24th.

Sound Financial Bancorp Trading Down 1.7%

The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a market capitalization of $118.22 million, a P/E ratio of 23.59 and a beta of 0.23. The firm has a 50 day simple moving average of $49.77 and a two-hundred day simple moving average of $51.13.

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

Sound Financial Bancorp Dividend Announcement

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

Hedge Funds Weigh In On Sound Financial Bancorp

Several institutional investors have recently modified their holdings of SFBC. Operose Advisors LLC bought a new stake in Sound Financial Bancorp during the first quarter worth $25,000. Arcus Capital Partners LLC purchased a new stake in shares of Sound Financial Bancorp during the 1st quarter valued at $558,000. FNY Investment Advisers LLC raised its stake in shares of Sound Financial Bancorp by 13.8% during the 1st quarter. FNY Investment Advisers LLC now owns 6,293 shares of the bank's stock worth $315,000 after purchasing an additional 763 shares during the period. Northern Trust Corp boosted its holdings in shares of Sound Financial Bancorp by 44.3% in the 4th quarter. Northern Trust Corp now owns 7,141 shares of the bank's stock worth $376,000 after buying an additional 2,193 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Sound Financial Bancorp by 2.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 18,016 shares of the bank's stock valued at $949,000 after buying an additional 435 shares during the period. 68.85% of the stock is owned by institutional investors.

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.