William Bryant III Acquires 1,043 Shares of Bank of the James Financial Group (NASDAQ:BOTJ) Stock

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Director William Bryant III acquired 1,043 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was bought at an average price of $23.11 per share, with a total value of $24,103.73. Following the transaction, the director directly owned 77,716 shares in the company, valued at $1,796,016.76. The trade was a 1.36% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Bank of the James Financial Group Price Performance

BOTJ stock opened at $23.33 on Friday. The company has a 50 day moving average price of $21.42 and a 200 day moving average price of $19.31. Bank of the James Financial Group, Inc. has a fifty-two week low of $13.00 and a fifty-two week high of $29.79. The stock has a market capitalization of $105.92 million, a PE ratio of 9.64 and a beta of 0.18.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its quarterly earnings data on Wednesday, February 4th. The financial services provider reported $0.60 earnings per share for the quarter. Bank of the James Financial Group had a net margin of 17.17% and a return on equity of 14.37%. The firm had revenue of $12.86 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 5th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.10 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.40 annualized dividend and a dividend yield of 1.7%. Bank of the James Financial Group’s payout ratio is presently 16.53%.

Institutional Trading of Bank of the James Financial Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Daytona Street Capital LLC bought a new stake in shares of Bank of the James Financial Group during the 4th quarter valued at $2,933,000. Krilogy Financial LLC acquired a new position in shares of Bank of the James Financial Group in the 3rd quarter valued at $568,000. Fourthstone LLC grew its holdings in shares of Bank of the James Financial Group by 10.3% in the 4th quarter. Fourthstone LLC now owns 321,908 shares of the financial services provider’s stock valued at $5,981,000 after buying an additional 30,126 shares during the period. Bridgeway Capital Management LLC grew its holdings in shares of Bank of the James Financial Group by 2.5% in the 3rd quarter. Bridgeway Capital Management LLC now owns 36,238 shares of the financial services provider’s stock valued at $565,000 after buying an additional 868 shares during the period. Finally, Empowered Funds LLC grew its holdings in shares of Bank of the James Financial Group by 7.8% in the 1st quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider’s stock valued at $328,000 after buying an additional 1,613 shares during the period. Institutional investors own 18.50% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Bank of the James Financial Group in a research report on Monday, April 20th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Bank of the James Financial Group 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.