Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) was upgraded by Wall Street Zen to a "hold" rating in a report issued on Saturday.
Sound Financial Bancorp Stock Up 0.3%
Shares of NASDAQ:SFBC traded up $0.13 during midday trading on Friday, reaching $50.38. The company had a trading volume of 6,386 shares, compared to its average volume of 3,392. Sound Financial Bancorp has a 1-year low of $39.66 and a 1-year high of $55.99. The stock has a market cap of $129.28 million, a PE ratio of 27.99 and a beta of 0.22. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.51. The business's 50 day moving average price is $50.61 and its 200 day moving average price is $51.94.
Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The bank reported $0.45 earnings per share (EPS) for the quarter. The company had revenue of $9.17 million for the quarter. Sound Financial Bancorp had a return on equity of 4.57% and a net margin of 7.48%.
Institutional Investors Weigh In On Sound Financial Bancorp
Several hedge funds have recently added to or reduced their stakes in SFBC. Arcus Capital Partners LLC acquired a new position in shares of Sound Financial Bancorp in the first quarter valued at $558,000. Virtu Financial LLC acquired a new stake in shares of Sound Financial Bancorp during the 4th quarter worth about $235,000. Northern Trust Corp boosted its holdings 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 buying an additional 2,193 shares during the period. Alliancebernstein L.P. grew 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 during the last quarter. Finally, FNY Investment Advisers LLC raised 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 valued at $315,000 after acquiring an additional 763 shares during the period. Institutional investors and hedge funds own 68.85% of the company's stock.
Sound Financial Bancorp Company Profile
(
Get Free Report)
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.
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