Bank of the James Financial Group (NASDAQ:BOTJ) Director Purchases $17,615.00 in Stock

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Director William Bryant III bought 650 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were purchased at an average price of $27.10 per share, for a total transaction of $17,615.00. Following the transaction, the director owned 78,366 shares of the company’s stock, valued at $2,123,718.60. The trade was a 0.84% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Bank of the James Financial Group Stock Performance

Shares of BOTJ opened at $27.51 on Thursday. Bank of the James Financial Group, Inc. has a fifty-two week low of $13.75 and a fifty-two week high of $29.79. The company has a market capitalization of $124.98 million, a PE ratio of 10.87 and a beta of 0.16. The stock has a fifty day moving average of $25.76 and a two-hundred day moving average of $22.92.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.71 EPS for the quarter. Bank of the James Financial Group had a return on equity of 14.46% and a net margin of 17.72%.The business had revenue of $13.73 million during the quarter.

Bank of the James Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.40 annualized dividend and a dividend yield of 1.5%. Bank of the James Financial Group’s dividend payout ratio (DPR) is currently 15.81%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its position in shares of Bank of the James Financial Group by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 33,458 shares of the financial services provider’s stock worth $689,000 after acquiring an additional 731 shares in the last quarter. Bridgeway Capital Management LLC lifted its holdings in shares of Bank of the James Financial Group by 2.5% during the 3rd 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 in the last quarter. Empowered Funds LLC lifted 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 acquiring an additional 1,613 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Bank of the James Financial Group during the 2nd quarter worth $27,000. Finally, LPL Financial LLC acquired a new stake in Bank of the James Financial Group in the 4th quarter valued at $266,000. 18.50% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bank of the James Financial Group in a research note on Friday, July 17th. Wall Street Zen upgraded Bank of the James Financial Group to a “buy” rating in a report on Saturday, June 6th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

About Bank of the James Financial Group

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.