Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) President Acquires $39,903.08 in Stock

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) President Robert R. Chapman bought 2,828 shares of the company’s stock in a transaction that occurred on Monday, May 5th. The stock was purchased at an average cost of $14.11 per share, with a total value of $39,903.08. Following the acquisition, the president now directly owns 122,885 shares in the company, valued at $1,733,907.35. This trade represents a 2.36 % 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 Up 1.1 %

Shares of Bank of the James Financial Group stock opened at $14.25 on Friday. The company has a market capitalization of $65.27 million, a price-to-earnings ratio of 8.14 and a beta of 0.29. The stock’s 50-day simple moving average is $13.87 and its 200-day simple moving average is $14.03. Bank of the James Financial Group, Inc. has a 52 week low of $10.14 and a 52 week high of $17.05.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.19 EPS for the quarter. Bank of the James Financial Group had a return on equity of 12.48% and a net margin of 13.29%. The company had revenue of $11.00 million for the quarter.

Bank of the James Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be paid a dividend of $0.10 per share. The ex-dividend date is Friday, June 6th. This represents a $0.40 annualized dividend and a yield of 2.81%. Bank of the James Financial Group’s payout ratio is 27.40%.

Institutional Trading of Bank of the James Financial Group

Several hedge funds have recently bought and sold shares of BOTJ. Bridgeway Capital Management LLC grew its position in shares of Bank of the James Financial Group by 2.9% during the fourth quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider’s stock valued at $514,000 after purchasing an additional 956 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Bank of the James Financial Group by 3.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 28,466 shares of the financial services provider’s stock valued at $436,000 after buying an additional 911 shares during the last quarter. Fourthstone LLC grew its holdings in Bank of the James Financial Group by 72.9% during the 4th quarter. Fourthstone LLC now owns 161,046 shares of the financial services provider’s stock valued at $2,556,000 after buying an additional 67,927 shares in the last quarter. RFG Bristol Wealth Advisors LLC purchased a new position in Bank of the James Financial Group during the 4th quarter valued at approximately $178,000. Finally, WealthTrak Capital Management LLC bought a new stake in Bank of the James Financial Group in the 4th quarter worth approximately $34,000. Hedge funds and other 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.