Bank of the James Financial Group (NASDAQ:BOTJ) Director Phillip Jamerson Acquires 1,014 Shares

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Director Phillip Jamerson purchased 1,014 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were purchased at an average price of $16.65 per share, for a total transaction of $16,883.10. Following the completion of the acquisition, the director owned 17,090 shares of the company’s stock, valued at $284,548.50. The trade was a 6.31% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Bank of the James Financial Group Trading Down 2.3%

Shares of NASDAQ:BOTJ traded down $0.42 during mid-day trading on Monday, reaching $17.59. The company had a trading volume of 1,568 shares, compared to its average volume of 5,813. Bank of the James Financial Group, Inc. has a one year low of $11.56 and a one year high of $18.50. The firm has a market cap of $80.54 million, a price-to-earnings ratio of 11.06 and a beta of 0.31. The company’s 50-day moving average price is $16.25 and its 200-day moving average price is $15.01.

Bank of the James Financial Group (NASDAQ:BOTJ) last issued its quarterly earnings results on Thursday, October 30th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter. Bank of the James Financial Group had a return on equity of 10.45% and a net margin of 11.72%.The firm had revenue of $20.77 million during the quarter.

Bank of the James Financial Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 21st will be given a $0.10 dividend. The ex-dividend date is Friday, November 21st. This represents a $0.40 annualized dividend and a yield of 2.3%. Bank of the James Financial Group’s dividend payout ratio (DPR) is presently 22.73%.

Institutional Trading of Bank of the James Financial Group

A number of institutional investors have recently made changes to their positions in BOTJ. Fourthstone LLC lifted its stake in Bank of the James Financial Group by 27.2% during the 2nd quarter. Fourthstone LLC now owns 225,618 shares of the financial services provider’s stock worth $3,172,000 after acquiring an additional 48,244 shares in the last quarter. Bridgeway Capital Management LLC boosted its stake 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 valued at $565,000 after acquiring an additional 868 shares during the last quarter. Krilogy Financial LLC acquired a new position in Bank of the James Financial Group during the third quarter worth approximately $568,000. Empowered Funds LLC raised 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 buying an additional 1,613 shares during the period. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of Bank of the James Financial Group during the 3rd quarter valued at approximately $94,000. 18.50% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Bank of the James Financial Group in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Bank of the James Financial Group has a consensus rating of “Hold”.

Bank of the James Financial Group Company Profile

Bank of the James Financial Group, Inc operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit.