First Manhattan Co. continued to hold its position in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) during the second quarter, Holdings Channel reports. The fund owned 11,440 shares of the financial services provider’s stock at the end of the second quarter. First Manhattan Co.’s holdings in Bank of the James Financial Group were worth $171,000 as of its most recent SEC filing.

Separately, Eidelman Virant Capital raised its position in Bank of the James Financial Group by 3.2% in the second quarter. Eidelman Virant Capital now owns 175,527 shares of the financial services provider’s stock valued at $2,625,000 after buying an additional 5,454 shares during the last quarter. Institutional investors own 33.86% of the company’s stock.

Bank of the James Financial Group, Inc. (BOTJ) opened at 14.42 on Friday. The stock has a market capitalization of $63.13 million, a price-to-earnings ratio of 21.85 and a beta of 0.76. The stock’s 50 day moving average is $15.03 and its 200 day moving average is $15.12. Bank of the James Financial Group, Inc. has a 12-month low of $12.08 and a 12-month high of $18.50.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its quarterly earnings results on Friday, July 21st. The financial services provider reported $0.18 earnings per share for the quarter. Bank of the James Financial Group had a net margin of 10.72% and a return on equity of 5.74%. The firm had revenue of $6.39 million during the quarter.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 8th will be given a dividend of $0.06 per share. The ex-dividend date is Thursday, September 7th. This represents a $0.24 dividend on an annualized basis and a yield of 1.66%. Bank of the James Financial Group’s payout ratio is 36.36%.

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In other news, Director Julie P. Doyle bought 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 26th. The stock was bought at an average price of $15.46 per share, with a total value of $30,920.00. Following the completion of the transaction, the director now directly owns 5,276 shares of the company’s stock, valued at approximately $81,566.96. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have purchased 4,596 shares of company stock valued at $70,045 in the last three months. 9.33% of the stock is currently owned by corporate insiders.

About Bank of the James Financial Group

Bank of the James Financial Group, Inc is a bank holding company for Bank of the James (Bank). The Bank is a Virginia banking corporation engaged in general retail and commercial banking business. The Company conducts two principal activities: general retail and commercial banking through the Bank and mortgage origination services through Bank of the James Mortgage, a division of the Bank.

Want to see what other hedge funds are holding BOTJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bank of the James Financial Group, Inc. (NASDAQ:BOTJ).

Institutional Ownership by Quarter for Bank of the James Financial Group (NASDAQ:BOTJ)

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