Bank of the James Financial Group's (BOTJ) Hold (C) Rating Reaffirmed at Weiss Ratings

Key Points

• The stock rating for Bank of the James Financial Group (BOTJ) has been reaffirmed as "hold (c)" by Weiss Ratings.
• As of Friday, BOTJ shares were trading at $15.84, with a recent market capitalization of $72.52 million and a P/E ratio of 9.96.
• Significant insider activity includes Director William C. Bryant III acquiring 2,525 shares at an average price of $15.43, increasing his ownership by 3.45%.

Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report)'s stock had its "hold (c)" rating reiterated by stock analysts at Weiss Ratings in a research report issued on Friday,Weiss Ratings reports.

Bank of the James Financial Group Stock Performance

Shares of NASDAQ BOTJ traded up $0.05 during midday trading on Friday, hitting $15.84. 1,702 shares of the company traded hands, compared to its average volume of 6,059. Bank of the James Financial Group has a 12-month low of $11.56 and a 12-month high of $17.05. The stock has a 50-day moving average price of $15.36 and a 200 day moving average price of $14.46. The firm has a market cap of $72.52 million, a P/E ratio of 9.96 and a beta of 0.30.

Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The financial services provider reported $0.60 earnings per share for the quarter. The business had revenue of $12.32 million for the quarter. Bank of the James Financial Group had a net margin of 11.72% and a return on equity of 10.45%.

Insiders Place Their Bets

In other Bank of the James Financial Group news, Director William C. Bryant III acquired 2,525 shares of the business's stock in a transaction on Monday, August 25th. The shares were acquired at an average price of $15.43 per share, for a total transaction of $38,960.75. Following the completion of the acquisition, the director owned 75,618 shares in the company, valued at $1,166,785.74. This trade represents a 3.45% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have bought a total of 3,265 shares of company stock valued at $49,420 in the last 90 days. 15.37% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Bank of the James Financial Group

A number of hedge funds and other institutional investors have recently bought and sold shares of BOTJ. Raymond James Financial Inc. purchased a new stake in Bank of the James Financial Group in the second quarter worth about $27,000. Empowered Funds LLC grew its holdings in Bank of the James Financial Group by 7.8% in the first quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider's stock worth $328,000 after purchasing an additional 1,613 shares during the period. Finally, Fourthstone LLC grew its holdings in shares of Bank of the James Financial Group by 27.2% during the second quarter. Fourthstone LLC now owns 225,618 shares of the financial services provider's stock valued at $3,172,000 after buying an additional 48,244 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

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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