Graham Capital Wealth Management LLC Increases Position in Sound Financial Bancorp, Inc. $SFBC

Graham Capital Wealth Management LLC lifted its holdings in shares of Sound Financial Bancorp, Inc. (NASDAQ:SFBC) by 357.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 24,066 shares of the bank’s stock after buying an additional 18,807 shares during the quarter. Sound Financial Bancorp makes up approximately 1.1% of Graham Capital Wealth Management LLC’s investment portfolio, making the stock its 28th largest position. Graham Capital Wealth Management LLC’s holdings in Sound Financial Bancorp were worth $1,108,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Kennedy Capital Management LLC raised its stake in Sound Financial Bancorp by 499.5% during the 2nd quarter. Kennedy Capital Management LLC now owns 52,365 shares of the bank’s stock valued at $2,409,000 after acquiring an additional 43,630 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Sound Financial Bancorp by 106.6% during the second quarter. Geode Capital Management LLC now owns 50,505 shares of the bank’s stock worth $2,324,000 after purchasing an additional 26,059 shares during the period. FNY Investment Advisers LLC grew its position in Sound Financial Bancorp by 52.6% in the 2nd quarter. FNY Investment Advisers LLC now owns 9,600 shares of the bank’s stock valued at $441,000 after buying an additional 3,307 shares during the last quarter. New York State Common Retirement Fund purchased a new position in Sound Financial Bancorp in the 2nd quarter valued at $101,000. Finally, JPMorgan Chase & Co. increased its stake in Sound Financial Bancorp by 64.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,667 shares of the bank’s stock valued at $77,000 after buying an additional 651 shares during the period. Institutional investors and hedge funds own 68.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Sound Financial Bancorp in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Sound Financial Bancorp has an average rating of “Hold”.

Sound Financial Bancorp Trading Down 0.2%

NASDAQ:SFBC opened at $43.81 on Thursday. Sound Financial Bancorp, Inc. has a 1 year low of $42.75 and a 1 year high of $51.99. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a fifty day moving average price of $43.97 and a two-hundred day moving average price of $45.13. The stock has a market capitalization of $112.59 million, a price-to-earnings ratio of 15.82 and a beta of 0.11.

Sound Financial Bancorp (NASDAQ:SFBC) last posted its quarterly earnings results on Tuesday, January 27th. The bank reported $0.87 earnings per share for the quarter. Sound Financial Bancorp had a net margin of 11.64% and a return on equity of 6.76%. The business had revenue of $9.53 million for the quarter.

Sound Financial Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 23rd. Stockholders of record on Monday, February 9th will be paid a dividend of $0.21 per share. This is a positive change from Sound Financial Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Monday, February 9th. This represents a $0.84 annualized dividend and a dividend yield of 1.9%. Sound Financial Bancorp’s dividend payout ratio is presently 30.32%.

Sound Financial Bancorp Profile

Sound Financial Bancorp, Inc is a bank holding company and the parent of Sound Community Bank, a community‐oriented financial institution headquartered in University Place, Washington. Through its subsidiary, the company delivers a broad array of banking and financial services to individuals, small businesses and commercial clients throughout the Puget Sound region. Emphasizing relationship banking, Sound Financial Bancorp seeks to support local economic development by offering personalized service and community engagement.

The company’s core offerings include deposit products such as checking and savings accounts, money market accounts and certificates of deposit, as well as a full spectrum of lending solutions.