Bank of the James Financial Group (NASDAQ:BOTJ) Director William Bryant III Buys 650 Shares of Stock

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Director William Bryant III acquired 650 shares of the stock in a transaction dated Thursday, August 6th. The shares were bought at an average cost of $27.10 per share, for a total transaction of $17,615.00. Following the acquisition, the director owned 78,366 shares in the company, valued at $2,123,718.60. The trade was a 0.84% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Bank of the James Financial Group Stock Performance

BOTJ opened at $27.02 on Tuesday. The business has a 50 day moving average price of $25.57 and a 200 day moving average price of $22.79. Bank of the James Financial Group, Inc. has a twelve month low of $13.75 and a twelve month high of $29.79. The firm has a market cap of $122.67 million, a P/E ratio of 10.68 and a beta of 0.16.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $0.71 EPS for the quarter. Bank of the James Financial Group had a return on equity of 14.46% and a net margin of 17.72%.

Bank of the James Financial Group Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in Bank of the James Financial Group during the second quarter valued at approximately $27,000. LPL Financial LLC bought a new position in shares of Bank of the James Financial Group during the 4th quarter worth approximately $266,000. Empowered Funds LLC boosted its stake in 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 in the last quarter. BlackRock Inc. bought a new stake in Bank of the James Financial Group in the second quarter valued at $618,000. Finally, Dimensional Fund Advisors LP grew its position in Bank of the James Financial Group by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 33,458 shares of the financial services provider’s stock valued at $689,000 after acquiring an additional 731 shares during the period. Institutional investors own 18.50% of the company’s stock.

Wall Street Analysts Forecast Growth

BOTJ has been the subject of a number of research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Bank of the James Financial Group in a research report on Friday, July 17th. Wall Street Zen upgraded Bank of the James Financial Group to a “buy” rating in a research note on Saturday, June 6th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Bank of the James Financial Group Company 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.