Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Stake Lifted by Pettyjohn Wood & White Inc.

Pettyjohn Wood & White Inc. raised its stake in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) by 2.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 261,932 shares of the financial services provider’s stock after buying an additional 6,363 shares during the quarter. Pettyjohn Wood & White Inc. owned approximately 0.06% of Bank of the James Financial Group worth $4,010,000 as of its most recent SEC filing.

Separately, Empowered Funds LLC increased its position in Bank of the James Financial Group by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 19,642 shares of the financial services provider’s stock valued at $270,000 after acquiring an additional 938 shares during the period. Institutional investors and hedge funds own 18.50% of the company’s stock.

Bank of the James Financial Group Stock Performance

Shares of BOTJ stock opened at $13.12 on Friday. Bank of the James Financial Group, Inc. has a 1 year low of $9.65 and a 1 year high of $17.05. The firm has a market capitalization of $60.00 million, a PE ratio of 7.49 and a beta of 0.78. The stock has a fifty day moving average of $13.86 and a two-hundred day moving average of $13.90.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its quarterly earnings data on Friday, January 31st. The financial services provider reported $0.36 earnings per share for the quarter. Bank of the James Financial Group had a net margin of 13.29% and a return on equity of 12.48%.

Bank of the James Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.40 annualized dividend and a yield of 3.05%. Bank of the James Financial Group’s payout ratio is 22.86%.

Bank of the James Financial Group Company Profile

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.