Bank of the James Financial Group (NASDAQ:BOTJ) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.38 and traded as high as $15.92. Bank of the James Financial Group shares last traded at $15.91, with a volume of 5,719 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Bank of the James Financial Group in a research note on Wednesday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Bank of the James Financial Group Price Performance

The company has a 50-day moving average of $15.02 and a 200 day moving average of $14.38.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its quarterly earnings data on Monday, August 4th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter. The business had revenue of $12.32 million during the quarter. Bank of the James Financial Group had a return on equity of 10.45% and a net margin of 11.72%.

Bank of the James Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 12th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Friday, September 12th. Bank of the James Financial Group’s payout ratio is presently 25.16%.

Insider Buying and Selling at Bank of the James Financial Group

In other news, Director William C. Bryant III bought 2,525 shares of the stock in a transaction dated Monday, August 25th. The stock was purchased at an average price of $15.43 per share, for a total transaction of $38,960.75. Following the acquisition, the director owned 75,618 shares of the company’s stock, valued at $1,166,785.74. The trade was a 3.45% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have acquired a total of 3,265 shares of company stock valued at $49,420 over the last quarter. Corporate insiders own 15.37% of the company’s stock.

Institutional Trading of Bank of the James Financial Group

Institutional investors have recently added to or reduced their stakes in the company. Fourthstone LLC grew its stake in shares of Bank of the James Financial Group by 27.2% during the second quarter. Fourthstone LLC now owns 225,618 shares of the financial services provider’s stock valued at $3,172,000 after buying an additional 48,244 shares during the last quarter. Raymond James Financial Inc. bought a new position in Bank of the James Financial Group in the 2nd quarter valued at $27,000. Finally, Empowered Funds LLC increased its stake in Bank of the James Financial Group by 7.8% in the first quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider’s stock worth $328,000 after purchasing an additional 1,613 shares during the period. Institutional investors own 18.50% of the company’s stock.

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.