Bank of the James Financial Group (NASDAQ:BOTJ) Director William Bryant III Acquires 1,043 Shares of Stock

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Director William Bryant III bought 1,043 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was bought at an average price of $23.11 per share, with a total value of $24,103.73. Following the acquisition, the director directly owned 77,716 shares in the company, valued at $1,796,016.76. The trade was a 1.36% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Bank of the James Financial Group Stock Performance

Bank of the James Financial Group stock opened at $23.21 on Friday. Bank of the James Financial Group, Inc. has a fifty-two week low of $13.00 and a fifty-two week high of $29.79. The firm has a 50 day moving average price of $21.42 and a 200 day moving average price of $19.31. The company has a market capitalization of $105.37 million, a PE ratio of 9.59 and a beta of 0.18.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its earnings results on Wednesday, February 4th. The financial services provider reported $0.60 earnings per share for the quarter. Bank of the James Financial Group had a net margin of 17.17% and a return on equity of 14.37%. The firm had revenue of $12.86 million during the quarter.

Bank of the James Financial Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, May 22nd. Bank of the James Financial Group’s dividend payout ratio (DPR) is 16.53%.

Hedge Funds Weigh In On Bank of the James Financial Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new position in Bank of the James Financial Group in the 2nd quarter valued at approximately $27,000. Atlantic Union Bankshares Corp purchased a new position in Bank of the James Financial Group in the 3rd quarter valued at approximately $94,000. LPL Financial LLC purchased a new position in Bank of the James Financial Group in the 4th quarter valued at approximately $266,000. Empowered Funds LLC boosted its position in 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 buying an additional 1,613 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Bank of the James Financial Group by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 33,458 shares of the financial services provider’s stock valued at $689,000 after buying an additional 731 shares during the period. Hedge funds and other institutional investors own 18.50% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Bank of the James Financial Group in a report on Monday, April 20th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average 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.