Sound Financial Bancorp (NASDAQ:SFBC) Raised to Hold at Wall Street Zen

Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) was upgraded by equities researchers at Wall Street Zen to a "hold" rating in a report released on Saturday.

Sound Financial Bancorp Trading Down 0.8%

Sound Financial Bancorp stock traded down $0.43 during trading on Friday, reaching $49.95. The company had a trading volume of 1,552 shares, compared to its average volume of 3,384. Sound Financial Bancorp has a 12-month low of $39.66 and a 12-month high of $55.99. The stock's 50 day moving average price is $50.60 and its two-hundred day moving average price is $51.93. The firm has a market capitalization of $128.18 million, a price-to-earnings ratio of 27.71 and a beta of 0.22. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.12 and a current ratio of 1.12.

Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) last posted its earnings results on Tuesday, April 29th. The bank reported $0.45 EPS for the quarter. The business had revenue of $9.17 million for the quarter. Sound Financial Bancorp had a net margin of 7.48% and a return on equity of 4.57%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SFBC. Operose Advisors LLC bought a new stake in Sound Financial Bancorp in the first quarter valued at about $25,000. Virtu Financial LLC bought a new stake in shares of Sound Financial Bancorp during the fourth quarter valued at approximately $235,000. FNY Investment Advisers LLC lifted its holdings in Sound Financial Bancorp by 13.8% in the first 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 period. Northern Trust Corp lifted its holdings in Sound Financial Bancorp by 44.3% in the fourth 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 period. Finally, Arcus Capital Partners LLC acquired a new stake in Sound Financial Bancorp in the first quarter worth $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.