Bank of the James Financial Group (NASDAQ:BOTJ) Stock Crosses Below Two Hundred Day Moving Average of $13.44

Bank of the James Financial Group, Inc. (NASDAQ:BOTJGet Rating)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.44 and traded as low as $12.86. Bank of the James Financial Group shares last traded at $13.40, with a volume of 14,624 shares.

Bank of the James Financial Group Trading Up 4.3 %

The firm has a market capitalization of $63.54 million, a price-to-earnings ratio of 7.76 and a beta of 0.86. The company has a fifty day moving average price of $12.71 and a two-hundred day moving average price of $13.42.

Bank of the James Financial Group (NASDAQ:BOTJGet Rating) last issued its earnings results on Friday, July 22nd. The financial services provider reported $0.48 earnings per share for the quarter. The business had revenue of $10.16 million for the quarter. Bank of the James Financial Group had a return on equity of 12.96% and a net margin of 19.70%.

Bank of the James Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 16th. Stockholders of record on Friday, September 2nd were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend was Thursday, September 1st. Bank of the James Financial Group’s dividend payout ratio is currently 16.28%.

Institutional Trading of Bank of the James Financial Group

Several institutional investors have recently made changes to their positions in the company. Pettyjohn Wood & White Inc. raised its position in shares of Bank of the James Financial Group by 1.7% during the 1st quarter. Pettyjohn Wood & White Inc. now owns 179,147 shares of the financial services provider’s stock valued at $2,616,000 after buying an additional 3,000 shares during the period. Captrust Financial Advisors raised its position in shares of Bank of the James Financial Group by 40.9% during the 2nd quarter. Captrust Financial Advisors now owns 125,963 shares of the financial services provider’s stock valued at $1,638,000 after buying an additional 36,564 shares during the period. BHZ Capital Management LP raised its position in shares of Bank of the James Financial Group by 2.6% during the 1st quarter. BHZ Capital Management LP now owns 30,842 shares of the financial services provider’s stock valued at $459,000 after buying an additional 782 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Bank of the James Financial Group by 6.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 14,112 shares of the financial services provider’s stock valued at $206,000 after buying an additional 854 shares during the period. Hedge funds and other institutional investors own 27.91% of the company’s stock.

Bank of the James Financial Group Company Profile

(Get Rating)

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 Unites 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.

Further Reading

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