Virtu Financial LLC Purchases New Shares in Sound Financial Bancorp, Inc. (NASDAQ:SFBC)

Virtu Financial LLC acquired a new position in Sound Financial Bancorp, Inc. (NASDAQ:SFBC) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 4,467 shares of the bank’s stock, valued at approximately $235,000.

Several other hedge funds have also modified their holdings of SFBC. State Street Corp raised its holdings in Sound Financial Bancorp by 10.9% in the 3rd 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. Geode Capital Management LLC increased its position in shares of Sound Financial Bancorp by 6.3% in the third quarter. Geode Capital Management LLC now owns 23,885 shares of the bank’s stock valued at $1,278,000 after buying an additional 1,407 shares in the last quarter. Finally, FNY Investment Advisers LLC raised its stake 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 buying an additional 2,725 shares during the period. 68.85% of the stock is owned by hedge funds and other institutional investors.

Sound Financial Bancorp Price Performance

Sound Financial Bancorp stock opened at $51.89 on Friday. The stock has a market capitalization of $133.15 million, a P/E ratio of 28.83 and a beta of 0.73. The company’s fifty day moving average price is $51.38 and its 200 day moving average price is $52.96. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.12 and a current ratio of 1.12. Sound Financial Bancorp, Inc. has a 1 year low of $39.15 and a 1 year high of $55.99.

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

Sound Financial Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.19 per share. The ex-dividend date was Wednesday, February 12th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.46%. Sound Financial Bancorp’s payout ratio is currently 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.