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

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

Sound Financial Bancorp Price Performance

SFBC traded up $0.06 on Friday, reaching $50.06. The stock had a trading volume of 5,684 shares, compared to its average volume of 3,412. Sound Financial Bancorp has a fifty-two week low of $39.66 and a fifty-two week high of $55.99. The firm has a 50-day moving average of $50.55 and a 200-day moving average of $51.90. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $128.45 million, a price-to-earnings ratio of 27.81 and a beta of 0.22.

Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) last issued its earnings results 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 4.57% and a net margin of 7.48%. The business had revenue of $9.17 million during the quarter.

Institutional Investors Weigh In On Sound Financial Bancorp

Institutional investors have recently made changes to their positions in the stock. Operose Advisors LLC bought a new stake in shares of Sound Financial Bancorp in the 1st quarter valued at about $25,000. Virtu Financial LLC bought a new stake in shares of Sound Financial Bancorp in the 4th quarter valued at about $235,000. FNY Investment Advisers LLC grew its position in shares of Sound Financial Bancorp by 13.8% in the 1st quarter. FNY Investment Advisers LLC now owns 6,293 shares of the bank's stock valued at $315,000 after buying an additional 763 shares during the last quarter. Northern Trust Corp grew its position 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 valued at $376,000 after buying an additional 2,193 shares during the last quarter. Finally, Arcus Capital Partners LLC bought a new stake in shares of Sound Financial Bancorp in the 1st quarter valued at about $558,000. Institutional investors own 68.85% of the company's stock.

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.