Bank of the James Financial Group (NASDAQ:BOTJ) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $12.00 and traded as high as $13.43. Bank of the James Financial Group shares last traded at $13.43, with a volume of 2,632 shares trading hands.

Bank of the James Financial Group Trading Down 0.1 %

The firm has a 50-day moving average of $13.48 and a 200 day moving average of $12.01. The company has a market cap of $61.31 million, a P/E ratio of 6.87 and a beta of 0.75.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its earnings results on Friday, July 26th. The financial services provider reported $0.47 EPS for the quarter. Bank of the James Financial Group had a return on equity of 14.59% and a net margin of 15.14%. The company had revenue of $11.28 million for the quarter.

Bank of the James Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be issued a $0.10 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.40 annualized dividend and a yield of 2.99%. Bank of the James Financial Group’s payout ratio is currently 20.51%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Empowered Funds LLC boosted its holdings in Bank of the James Financial Group by 7.6% in the first quarter. Empowered Funds LLC now owns 17,444 shares of the financial services provider’s stock worth $181,000 after acquiring an additional 1,225 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Bank of the James Financial Group by 46.8% in the second quarter. Dimensional Fund Advisors LP now owns 26,852 shares of the financial services provider’s stock worth $302,000 after acquiring an additional 8,556 shares in the last quarter. Inspire Investing LLC bought a new position in Bank of the James Financial Group in the third quarter worth approximately $1,018,000. Vanguard Group Inc. boosted its holdings in Bank of the James Financial Group by 33.1% in the first quarter. Vanguard Group Inc. now owns 192,585 shares of the financial services provider’s stock worth $1,995,000 after acquiring an additional 47,895 shares in the last quarter. Finally, Pettyjohn Wood & White Inc. boosted its holdings in Bank of the James Financial Group by 29.5% in the first quarter. Pettyjohn Wood & White Inc. now owns 253,963 shares of the financial services provider’s stock worth $2,631,000 after acquiring an additional 57,856 shares in the last quarter. Institutional investors own 18.50% of the company’s stock.

About Bank of the James Financial Group

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.