Shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $14.10 and traded as high as $14.25. Bank of the James Financial Group shares last traded at $14.04, with a volume of 924 shares changing hands.
Bank of the James Financial Group Stock Up 0.6%
The firm has a market capitalization of $65.49 million, a PE ratio of 8.17 and a beta of 0.33. The firm's 50-day simple moving average is $14.00 and its 200-day simple moving average is $14.10.
Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.19 EPS for the quarter. Bank of the James Financial Group had a net margin of 13.29% and a return on equity of 12.48%. The company had revenue of $11.00 million during the quarter.
Bank of the James Financial Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, June 6th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.80%. Bank of the James Financial Group's dividend payout ratio is presently 27.40%.
Insiders Place Their Bets
In other news, Director William C. Bryant III bought 6,602 shares of the firm's stock in a transaction dated Thursday, May 22nd. The stock was purchased at an average price of $14.49 per share, with a total value of $95,662.98. Following the transaction, the director now owns 73,093 shares of the company's stock, valued at approximately $1,059,117.57. The trade was a 9.93% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Robert R. Chapman acquired 2,828 shares of the firm's stock in a transaction on Monday, May 5th. The stock was purchased at an average price of $14.11 per share, with a total value of $39,903.08. Following the acquisition, the president now owns 122,885 shares of the company's stock, valued at $1,733,907.35. This represents a 2.36% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 10,352 shares of company stock worth $148,617. 15.37% of the stock is currently owned by corporate insiders.
Institutional Trading of Bank of the James Financial Group
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC lifted its position in Bank of the James Financial Group by 4.9% during 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 period. Pettyjohn Wood & White Inc. boosted its position in Bank of the James Financial Group by 2.5% in the fourth quarter. Pettyjohn Wood & White Inc. now owns 261,932 shares of the financial services provider's stock worth $4,010,000 after purchasing an additional 6,363 shares during the last quarter. WealthTrak Capital Management LLC purchased a new stake in shares of Bank of the James Financial Group during the 4th quarter valued at about $34,000. RFG Bristol Wealth Advisors LLC purchased a new position in shares of Bank of the James Financial Group in the fourth quarter worth approximately $178,000. Finally, Fourthstone LLC increased its holdings in Bank of the James Financial Group by 72.9% during the fourth quarter. Fourthstone LLC now owns 161,046 shares of the financial services provider's stock valued at $2,556,000 after buying an additional 67,927 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.
Further Reading
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