Susquehanna International Group LLP Invests $895,000 in Bank of the James Financial Group, Inc. $BOTJ

Susquehanna International Group LLP acquired a new stake in shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 35,058 shares of the financial services provider’s stock, valued at approximately $895,000. Susquehanna International Group LLP owned approximately 0.77% of Bank of the James Financial Group as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Fourthstone LLC increased its holdings in shares of Bank of the James Financial Group by 10.3% during the fourth quarter. Fourthstone LLC now owns 321,908 shares of the financial services provider’s stock valued at $5,981,000 after acquiring an additional 30,126 shares in the last quarter. Bridgeway Capital Management LLC boosted its stake in 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 worth $565,000 after purchasing an additional 868 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Bank of the James Financial Group by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 33,458 shares of the financial services provider’s stock worth $689,000 after purchasing an additional 731 shares in the last quarter. Empowered Funds LLC bought a new position in Bank of the James Financial Group in the 2nd quarter worth about $630,000. Finally, BlackRock Inc. purchased a new stake in Bank of the James Financial Group during the 2nd quarter valued at about $618,000. 18.50% of the stock is owned by institutional investors.

Bank of the James Financial Group Stock Performance

Shares of BOTJ opened at $27.01 on Monday. The firm has a fifty day simple moving average of $26.46 and a two-hundred day simple moving average of $23.57. The firm has a market cap of $122.71 million, a PE ratio of 10.68 and a beta of 0.16. Bank of the James Financial Group, Inc. has a 1-year low of $14.29 and a 1-year high of $29.79.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.71 EPS for the quarter. The company had revenue of $13.73 million during the quarter. Bank of the James Financial Group had a return on equity of 14.30% and a net margin of 17.72%.

Bank of the James Financial Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.5%. Bank of the James Financial Group’s dividend payout ratio (DPR) is presently 15.81%.

Analysts Set New Price Targets

BOTJ has been the subject of several recent analyst reports. Wall Street Zen cut shares of Bank of the James Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings raised shares of Bank of the James Financial Group from a “hold (c)” rating to a “buy (b)” rating in a research report on Monday, August 17th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

Bank of the James Financial Group Profile

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.