FNY Investment Advisers LLC Acquires 2,725 Shares of Sound Financial Bancorp, Inc. (NASDAQ:SFBC)

FNY Investment Advisers LLC increased its holdings in Sound Financial Bancorp, Inc. (NASDAQ:SFBC) by 97.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,530 shares of the bank’s stock after buying an additional 2,725 shares during the quarter. FNY Investment Advisers LLC owned 0.22% of Sound Financial Bancorp worth $291,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. State Street Corp raised its position in Sound Financial Bancorp by 10.9% in the third quarter. State Street Corp now owns 5,095 shares of the bank’s stock worth $273,000 after acquiring an additional 500 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Sound Financial Bancorp by 7.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 16,811 shares of the bank’s stock worth $739,000 after purchasing an additional 1,122 shares in the last quarter. Geode Capital Management LLC raised its holdings in Sound Financial Bancorp by 6.3% in the 3rd quarter. Geode Capital Management LLC now owns 23,885 shares of the bank’s stock worth $1,278,000 after purchasing an additional 1,407 shares during the period. Finally, Arcus Capital Partners LLC purchased a new position in Sound Financial Bancorp during the third quarter valued at $503,000. 68.85% of the stock is currently owned by institutional investors.

Sound Financial Bancorp Stock Performance

Shares of SFBC opened at $53.64 on Wednesday. The business has a 50-day simple moving average of $53.72 and a two-hundred day simple moving average of $50.99. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.51. Sound Financial Bancorp, Inc. has a 52 week low of $39.00 and a 52 week high of $55.99. The stock has a market cap of $137.53 million, a price-to-earnings ratio of 35.06 and a beta of 0.69.

Sound Financial Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 12th were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend was Tuesday, November 12th. Sound Financial Bancorp’s payout ratio is 49.67%.

Insiders Place Their Bets

In other Sound Financial Bancorp news, Director James E. Sweeney sold 592 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $52.57, for a total value of $31,121.44. Following the completion of the sale, the director now owns 2,942 shares in the company, valued at approximately $154,660.94. This represents a 16.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have sold 1,026 shares of company stock worth $54,446. Company insiders own 12.60% of the company’s stock.

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.