Graham Capital Wealth Management LLC Purchases 66,280 Shares of Sound Financial Bancorp, Inc. $SFBC

Graham Capital Wealth Management LLC boosted its position in Sound Financial Bancorp, Inc. (NASDAQ:SFBC) by 275.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 90,346 shares of the bank’s stock after acquiring an additional 66,280 shares during the quarter. Sound Financial Bancorp makes up approximately 3.6% of Graham Capital Wealth Management LLC’s investment portfolio, making the stock its 7th largest holding. Graham Capital Wealth Management LLC’s holdings in Sound Financial Bancorp were worth $3,942,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE grew its stake in Sound Financial Bancorp by 4,863.2% in the 2nd quarter. Bank of America Corp DE now owns 943 shares of the bank’s stock valued at $43,000 after buying an additional 924 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Sound Financial Bancorp in the 2nd quarter valued at $47,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Sound Financial Bancorp in the 2nd quarter valued at $54,000. New York State Common Retirement Fund acquired a new position in Sound Financial Bancorp in the 2nd quarter valued at $101,000. Finally, Pacific Sage Partners LLC grew its stake in Sound Financial Bancorp by 573.8% in the 4th quarter. Pacific Sage Partners LLC now owns 36,192 shares of the bank’s stock valued at $1,579,000 after buying an additional 30,821 shares during the last quarter. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SFBC has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of Sound Financial Bancorp to a “hold” rating in a research note on Saturday, March 21st. Weiss Ratings reiterated 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, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Sound Financial Bancorp Price Performance

NASDAQ:SFBC opened at $42.78 on Tuesday. The company has a 50-day moving average of $43.12 and a 200-day moving average of $44.14. The company has a market capitalization of $109.94 million, a price-to-earnings ratio of 15.44 and a beta of 0.05. Sound Financial Bancorp, Inc. has a 52 week low of $40.68 and a 52 week high of $51.99. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.09 and a current ratio of 1.09.

Sound Financial Bancorp (NASDAQ:SFBC) last released its quarterly earnings data on Tuesday, January 27th. The bank reported $0.87 EPS for the quarter. The company had revenue of $9.53 million during the quarter. Sound Financial Bancorp had a net margin of 11.64% and a return on equity of 6.70%.

Sound Financial Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, February 23rd. Investors of record on Monday, February 9th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $0.84 annualized dividend and a yield of 2.0%. This is an increase from Sound Financial Bancorp’s previous quarterly dividend of $0.19. Sound Financial Bancorp’s payout ratio is 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.