Beese Fulmer Investment Management Inc. Has $291,000 Position in Sound Financial Bancorp, Inc. (NASDAQ:SFBC)

Beese Fulmer Investment Management Inc. lessened its holdings in shares of Sound Financial Bancorp, Inc. (NASDAQ:SFBC) by 47.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,530 shares of the bank’s stock after selling 5,000 shares during the quarter. Beese Fulmer Investment Management Inc. owned approximately 0.22% of Sound Financial Bancorp worth $291,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its holdings in shares of Sound Financial Bancorp by 6.3% during the 3rd quarter. Geode Capital Management LLC now owns 23,885 shares of the bank’s stock valued at $1,278,000 after purchasing an additional 1,407 shares in the last quarter. State Street Corp increased its stake in shares of 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 purchasing an additional 500 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Sound Financial Bancorp by 7.2% during the second quarter. Dimensional Fund Advisors LP now owns 16,811 shares of the bank’s stock worth $739,000 after buying an additional 1,122 shares during the last quarter. Arcus Capital Partners LLC acquired a new position in Sound Financial Bancorp in the 3rd quarter valued at approximately $503,000. Finally, FNY Investment Advisers LLC grew its holdings in shares of Sound Financial Bancorp by 97.1% during the 4th quarter. FNY Investment Advisers LLC now owns 5,530 shares of the bank’s stock worth $291,000 after purchasing an additional 2,725 shares in the last quarter. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Sound Financial Bancorp Price Performance

Sound Financial Bancorp stock opened at $52.06 on Friday. Sound Financial Bancorp, Inc. has a one year low of $39.10 and a one year high of $55.99. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.12 and a quick ratio of 1.12. The business has a 50 day simple moving average of $53.44 and a 200 day simple moving average of $52.10. The company has a market capitalization of $133.27 million, a PE ratio of 28.92 and a beta of 0.69.

Sound Financial Bancorp (NASDAQ:SFBC) last released its quarterly earnings results on Wednesday, January 29th. The bank reported $0.74 earnings per share (EPS) for the quarter. Sound Financial Bancorp had a return on equity of 4.57% and a net margin of 7.48%.

Sound Financial Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Wednesday, February 12th. Sound Financial Bancorp’s payout ratio is 42.22%.

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.