Sound Financial Bancorp (NASDAQ:SFBC) Stock Rating Upgraded by Wall Street Zen

Key Points

• Sound Financial Bancorp has been upgraded from a "sell" rating to a "hold" rating by Wall Street Zen, indicating a more favorable outlook from analysts.
• The company's stock is currently valued at $45.75 with a market cap of $117.58 million, and it has reported $0.79 earnings per share for its latest quarter.
• Institutional investors collectively own 68.85% of Sound Financial Bancorp, reflecting significant interest from the investment community.

Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued to investors on Sunday.

Sound Financial Bancorp Price Performance

SFBC stock traded up $0.57 during midday trading on Friday, hitting $46.57. 3,995 shares of the stock were exchanged, compared to its average volume of 6,200. The stock's 50-day moving average price is $47.33 and its 200-day moving average price is $49.71. 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 stock has a market cap of $119.67 million, a price-to-earnings ratio of 19.16 and a beta of 0.16. Sound Financial Bancorp has a fifty-two week low of $43.00 and a fifty-two week high of $55.99.

Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The bank reported $0.79 EPS for the quarter. The firm had revenue of $10.38 million for the quarter. Sound Financial Bancorp had a net margin of 10.02% and a return on equity of 6.08%.

Institutional Investors Weigh In On Sound Financial Bancorp

A number of large investors have recently bought and sold shares of the stock. Arcus Capital Partners LLC purchased a new stake in shares of Sound Financial Bancorp in the first quarter valued at $558,000. Northern Trust Corp raised its stake in Sound Financial Bancorp by 44.3% in 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. Dimensional Fund Advisors LP lifted its holdings in Sound Financial Bancorp by 2.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 18,016 shares of the bank's stock valued at $949,000 after purchasing an additional 435 shares in the last quarter. FNY Investment Advisers LLC boosted 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 last quarter. Finally, Alliancebernstein L.P. boosted its stake in shares of 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 purchasing an additional 1,863 shares during the last quarter. Institutional investors and hedge funds own 68.85% 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.