Sound Financial Bancorp (NASDAQ:SFBC) Share Price Passes Below 200-Day Moving Average - Should You Sell?

Sound Financial Bancorp, Inc. (NASDAQ:SFBC - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $50.95 and traded as low as $46.00. Sound Financial Bancorp shares last traded at $47.00, with a volume of 16,794 shares changing hands.

Analyst Upgrades and Downgrades

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

Sound Financial Bancorp Stock Up 0.2%

The business's 50-day simple moving average is $49.54 and its 200-day simple moving average is $50.95. The company has a market capitalization of $121.07 million, a PE ratio of 24.16 and a beta of 0.21. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35.

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

Sound Financial Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 9th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date was Friday, May 9th. Sound Financial Bancorp's payout ratio is presently 38.97%.

Institutional Trading of Sound Financial Bancorp

A number of hedge funds have recently added to or reduced their stakes in the company. Arcus Capital Partners LLC purchased a new stake in shares of Sound Financial Bancorp during the 1st quarter worth about $558,000. Virtu Financial LLC purchased a new stake in shares of Sound Financial Bancorp during the fourth quarter worth about $235,000. Northern Trust Corp raised its position in shares of Sound Financial Bancorp by 44.3% during the 4th quarter. Northern Trust Corp now owns 7,141 shares of the bank's stock worth $376,000 after purchasing an additional 2,193 shares during the last quarter. Alliancebernstein L.P. lifted its stake in Sound Financial Bancorp by 1.3% in the 4th quarter. Alliancebernstein L.P. now owns 150,215 shares of the bank's stock valued at $7,909,000 after buying an additional 1,863 shares in the last quarter. Finally, FNY Investment Advisers LLC boosted its holdings in Sound Financial Bancorp by 13.8% in the 1st quarter. FNY Investment Advisers LLC now owns 6,293 shares of the bank's stock worth $315,000 after buying an additional 763 shares during 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 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.