Wall Street Zen Downgrades Sound Financial Bancorp (NASDAQ:SFBC) to Sell

Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report released on Saturday.

Sound Financial Bancorp Price Performance

Shares of Sound Financial Bancorp stock opened at $47.29 on Friday. The stock has a market capitalization of $121.52 million, a P/E ratio of 24.25 and a beta of 0.21. The business has a 50 day simple moving average of $49.31 and a two-hundred day simple moving average of $50.85. Sound Financial Bancorp has a 12 month low of $42.16 and a 12 month high of $55.99. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.11 and a quick ratio of 1.11.

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

Hedge Funds Weigh In On Sound Financial Bancorp

A number of institutional investors and hedge funds have recently bought and sold shares of SFBC. Operose Advisors LLC acquired a new position in Sound Financial Bancorp during the first quarter worth $25,000. Virtu Financial LLC purchased a new position in shares of Sound Financial Bancorp during the 4th quarter worth $235,000. FNY Investment Advisers LLC boosted its position 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 valued at $315,000 after acquiring an additional 763 shares during the last quarter. Northern Trust Corp boosted 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 valued at $376,000 after acquiring an additional 2,193 shares during the last quarter. Finally, Arcus Capital Partners LLC purchased a new stake in shares of Sound Financial Bancorp in the first quarter valued at about $558,000. 68.85% of the stock is currently owned by institutional investors and hedge funds.

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.

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