Robert Chapman Purchases 1,200 Shares of Bank of the James Financial Group (NASDAQ:BOTJ) Stock

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) President Robert Chapman acquired 1,200 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were acquired at an average cost of $20.89 per share, for a total transaction of $25,068.00. Following the completion of the acquisition, the president owned 124,118 shares of the company’s stock, valued at $2,592,825.02. This trade represents a 0.98% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Bank of the James Financial Group Stock Performance

Bank of the James Financial Group stock opened at $20.90 on Friday. The business has a fifty day moving average of $19.01 and a two-hundred day moving average of $17.01. Bank of the James Financial Group, Inc. has a twelve month low of $12.75 and a twelve month high of $21.49.

Bank of the James Financial Group (NASDAQ:BOTJ) last released its quarterly earnings results on Wednesday, February 4th. The financial services provider reported $0.60 EPS for the quarter. The firm had revenue of $12.86 million during the quarter. Bank of the James Financial Group had a return on equity of 12.47% and a net margin of 14.43%.

Bank of the James Financial Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Tuesday, February 17th will be issued a $0.10 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $0.40 dividend on an annualized basis and a yield of 1.9%. Bank of the James Financial Group’s payout ratio is currently 20.00%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bank of the James Financial Group in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Bank of the James Financial Group presently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in Bank of the James Financial Group in the second quarter valued at about $27,000. Atlantic Union Bankshares Corp acquired a new position in shares of Bank of the James Financial Group during the third quarter valued at about $94,000. LPL Financial LLC purchased a new position in shares of Bank of the James Financial Group in the 4th quarter valued at approximately $266,000. Empowered Funds LLC raised its position in shares of 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 purchasing an additional 1,613 shares during the last quarter. Finally, Krilogy Financial LLC acquired a new stake in Bank of the James Financial Group in the 3rd quarter worth approximately $568,000. 18.50% of the stock is currently owned by hedge funds and other institutional investors.

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.