Bank of the James Financial Group (NASDAQ:BOTJ) Director William Bryant III Purchases 600 Shares

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Director William Bryant III bought 600 shares of the stock in a transaction dated Thursday, February 19th. The shares were bought at an average cost of $20.82 per share, with a total value of $12,492.00. Following the completion of the purchase, the director directly owned 76,673 shares of the company’s stock, valued at approximately $1,596,331.86. This trade represents a 0.79% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Bank of the James Financial Group Price Performance

BOTJ stock traded down $0.19 during mid-day trading on Friday, reaching $20.71. The company had a trading volume of 7,940 shares, compared to its average volume of 3,867. The firm has a 50 day moving average of $18.95 and a 200 day moving average of $16.94. Bank of the James Financial Group, Inc. has a 12 month low of $12.75 and a 12 month high of $21.49. The company has a market capitalization of $94.87 million, a PE ratio of 10.36 and a beta of 0.14.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its quarterly earnings results on Wednesday, February 4th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter. The firm had revenue of $12.86 million during the quarter. Bank of the James Financial Group had a return on equity of 12.47% and a net margin of 14.43%.

Bank of the James Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Tuesday, February 17th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.9%. Bank of the James Financial Group’s dividend payout ratio is presently 20.00%.

Institutional Investors Weigh In On Bank of the James Financial Group

A number of hedge funds have recently made changes to their positions in the stock. Fourthstone LLC boosted its position in 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 purchasing an additional 48,244 shares in the last quarter. Krilogy Financial LLC acquired a new stake in Bank of the James Financial Group in the third quarter valued at approximately $568,000. Atlantic Union Bankshares Corp purchased a new position in Bank of the James Financial Group in the third quarter worth $94,000. Bridgeway Capital Management LLC increased its position in shares of Bank of the James Financial Group by 2.5% during the third quarter. Bridgeway Capital Management LLC now owns 36,238 shares of the financial services provider’s stock worth $565,000 after purchasing an additional 868 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of Bank of the James Financial Group by 7.8% during the 1st quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider’s stock valued at $328,000 after purchasing an additional 1,613 shares during the last quarter. 18.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bank of the James Financial Group in a research note on Wednesday, January 21st. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

About Bank of the James Financial Group

Bank of the James Financial Group, Inc is the bank holding company for The Bank of the James, a Virginia-chartered commercial bank headquartered in Lynchburg, Virginia. Established in the early 20th century, the organization has developed a reputation for community banking with a focus on personalized service. As a NASDAQ-listed entity under the ticker BOTJ, the holding company oversees a network of full-service branches throughout Central and Southwestern Virginia.

The Bank of the James offers a comprehensive suite of consumer and commercial banking solutions.