Empowered Funds LLC Has $411,000 Stake in Sound Financial Bancorp, Inc. (NASDAQ:SFBC)

Empowered Funds LLC lessened its position in shares of Sound Financial Bancorp, Inc. (NASDAQ:SFBC) by 41.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,691 shares of the bank’s stock after selling 5,384 shares during the period. Empowered Funds LLC’s holdings in Sound Financial Bancorp were worth $411,000 at the end of the most recent reporting period.

Separately, Arcus Capital Partners LLC bought a new stake in Sound Financial Bancorp during the 3rd quarter worth about $503,000. Institutional investors own 68.85% of the company’s stock.

Sound Financial Bancorp Price Performance

NASDAQ:SFBC opened at $54.00 on Monday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.12 and a current ratio of 1.12. The stock’s 50-day simple moving average is $53.88 and its 200 day simple moving average is $47.52. The company has a market cap of $138.46 million, a P/E ratio of 35.29 and a beta of 0.68. Sound Financial Bancorp, Inc. has a 52-week low of $35.80 and a 52-week high of $55.99.

Sound Financial Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 12th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.41%. Sound Financial Bancorp’s payout ratio is 49.67%.

Insiders Place Their Bets

In other news, Director James E. Sweeney sold 592 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $52.57, for a total transaction of $31,121.44. Following the completion of the sale, the director now owns 2,942 shares in the company, valued at $154,660.94. The trade was a 16.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold a total of 1,226 shares of company stock valued at $65,206 over the last 90 days. 12.60% of the stock is currently owned by insiders.

Sound Financial Bancorp Company Profile

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.