Bank of the James Financial Group (NASDAQ:BOTJ) Share Price Passes Above 200 Day Moving Average of $10.97

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $10.97 and traded as high as $11.29. Bank of the James Financial Group shares last traded at $10.36, with a volume of 1,749 shares.

Wall Street Analyst Weigh In

Separately, TheStreet raised Bank of the James Financial Group from a “c+” rating to a “b-” rating in a research note on Friday, December 29th.

Bank of the James Financial Group Trading Down 1.3 %

The company has a market cap of $47.35 million, a PE ratio of 5.45 and a beta of 0.74. The business has a 50 day simple moving average of $11.53 and a two-hundred day simple moving average of $10.97.

Bank of the James Financial Group (NASDAQ:BOTJ) last issued its earnings results on Friday, February 2nd. The financial services provider reported $0.45 earnings per share for the quarter. The business had revenue of $10.52 million for the quarter. Bank of the James Financial Group had a return on equity of 16.76% and a net margin of 16.59%.

Bank of the James Financial Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a $0.10 dividend. This is a positive change from Bank of the James Financial Group’s previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a dividend yield of 3.86%. The ex-dividend date was Thursday, February 29th. Bank of the James Financial Group’s dividend payout ratio (DPR) is 21.05%.

Insider Buying and Selling

In other news, Director William C. Bryant III bought 3,450 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The shares were acquired at an average cost of $12.00 per share, with a total value of $41,400.00. Following the transaction, the director now owns 64,919 shares of the company’s stock, valued at approximately $779,028. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 13.22% of the company’s stock.

Institutional Trading of Bank of the James Financial Group

Large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC increased its holdings in Bank of the James Financial Group by 146.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,084 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 1,240 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Bank of the James Financial Group in the 4th quarter valued at $124,000. Dimensional Fund Advisors LP increased its holdings in Bank of the James Financial Group by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,112 shares of the financial services provider’s stock valued at $206,000 after purchasing an additional 854 shares in the last quarter. MontVue Capital Management Inc. acquired a new stake in Bank of the James Financial Group in the 4th quarter valued at $203,000. Finally, First Manhattan CO. LLC. increased its holdings in Bank of the James Financial Group by 29.9% in the 1st quarter. First Manhattan CO. LLC. now owns 21,711 shares of the financial services provider’s stock valued at $228,000 after purchasing an additional 5,000 shares in the last quarter. 18.50% of the stock is currently owned by institutional investors and hedge funds.

Bank of the James Financial Group Company Profile

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.