Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.11 and traded as high as $14.50. Bank of the James Financial Group shares last traded at $14.20, with a volume of 8,176 shares traded.
Bank of the James Financial Group Price Performance
The firm has a 50-day moving average price of $14.07 and a two-hundred day moving average price of $14.12. The firm has a market capitalization of $64.53 million, a P/E ratio of 8.05 and a beta of 0.29.
Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.19 earnings per share for the quarter. The firm had revenue of $11.00 million during the quarter. Bank of the James Financial Group had a return on equity of 12.48% and a net margin of 13.29%.
Bank of the James Financial Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be issued a $0.10 dividend. The ex-dividend date is Friday, June 6th. This represents a $0.40 annualized dividend and a dividend yield of 2.84%. Bank of the James Financial Group's payout ratio is currently 27.40%.
Insider Activity at Bank of the James Financial Group
In related news, Director William C. Bryant III bought 6,602 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were bought at an average price of $14.49 per share, for a total transaction of $95,662.98. Following the completion of the purchase, the director now directly owns 73,093 shares of the company's stock, valued at approximately $1,059,117.57. This trade represents a 9.93% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Robert R. Chapman bought 2,828 shares of the business's stock in a transaction on Monday, May 5th. The stock was bought at an average price of $14.11 per share, for a total transaction of $39,903.08. Following the purchase, the president now directly owns 122,885 shares of the company's stock, valued at $1,733,907.35. The trade was a 2.36% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 10,352 shares of company stock worth $148,617 over the last three months. 15.37% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Bank of the James Financial Group
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its stake in Bank of the James Financial Group by 3.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 28,466 shares of the financial services provider's stock valued at $436,000 after purchasing an additional 911 shares during the last quarter. Empowered Funds LLC grew its stake in Bank of the James Financial Group by 4.9% in the fourth quarter. Empowered Funds LLC now owns 20,598 shares of the financial services provider's stock valued at $315,000 after purchasing an additional 956 shares during the last quarter. Bridgeway Capital Management LLC grew its stake in shares of Bank of the James Financial Group by 2.9% during the fourth quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider's stock worth $514,000 after acquiring an additional 956 shares during the last quarter. WealthTrak Capital Management LLC purchased a new stake in shares of Bank of the James Financial Group during the fourth quarter worth about $34,000. Finally, Pettyjohn Wood & White Inc. grew its stake in shares of Bank of the James Financial Group by 2.5% during the fourth quarter. Pettyjohn Wood & White Inc. now owns 261,932 shares of the financial services provider's stock worth $4,010,000 after acquiring an additional 6,363 shares during the last quarter. Hedge funds and other institutional investors own 18.50% of the company's stock.
About Bank of the James Financial Group
(
Get Free Report)
Bank of the James Financial Group, Inc operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit.
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