Bank of the James Financial Group (NASDAQ:BOTJ) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $21.17 and traded as high as $26.60. Bank of the James Financial Group shares last traded at $25.9280, with a volume of 50,695 shares changing hands.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Bank of the James Financial Group in a report on Monday, April 20th. Wall Street Zen raised shares of Bank of the James Financial Group to a “buy” rating in a research note on Saturday, June 6th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Bank of the James Financial Group Stock Performance

The firm’s fifty day simple moving average is $23.65 and its 200-day simple moving average is $21.23. The stock has a market cap of $116.31 million, a P/E ratio of 10.59 and a beta of 0.17.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.61 EPS for the quarter. Bank of the James Financial Group had a net margin of 17.17% and a return on equity of 14.13%. The company had revenue of $12.70 million for the quarter.

Bank of the James Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.40 annualized dividend and a yield of 1.6%. Bank of the James Financial Group’s dividend payout ratio (DPR) is currently 16.53%.

Hedge Funds Weigh In On Bank of the James Financial Group

Institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its position in shares of Bank of the James Financial Group by 2.2% during 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. Bridgeway Capital Management LLC raised its stake in Bank of the James Financial Group by 2.5% during the 3rd quarter. Bridgeway Capital Management LLC now owns 36,238 shares of the financial services provider’s stock worth $565,000 after buying an additional 868 shares during the period. Empowered Funds LLC boosted its holdings in Bank of the James Financial Group by 7.8% in the first quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider’s stock worth $328,000 after acquiring an additional 1,613 shares in the last quarter. Raymond James Financial Inc. bought a new position in Bank of the James Financial Group in the second quarter worth approximately $27,000. Finally, LPL Financial LLC acquired a new stake in Bank of the James Financial Group in the fourth quarter valued at approximately $266,000. 18.50% of the stock is owned by institutional investors and hedge funds.

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.