Bank of the James Financial Group (NASDAQ:BOTJ) President Robert Chapman Purchases 1,200 Shares

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) President Robert Chapman purchased 1,200 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were acquired at an average cost of $20.89 per share, with a total value of $25,068.00. Following the completion of the purchase, the president directly owned 124,118 shares in the company, valued at approximately $2,592,825.02. This represents a 0.98% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Bank of the James Financial Group Price Performance

NASDAQ:BOTJ traded down $0.19 on Friday, hitting $20.71. 7,940 shares of the company’s stock were exchanged, compared to its average volume of 3,867. The firm has a 50-day moving average price of $18.95 and a 200-day moving average price of $16.94. Bank of the James Financial Group, Inc. has a 52 week low of $12.75 and a 52 week high of $21.49. The company has a market cap of $94.87 million, a P/E ratio of 10.47 and a beta of 0.14.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its quarterly earnings data on Wednesday, February 4th. The financial services provider reported $0.60 earnings per share for the quarter. The company had revenue of $12.86 million during the quarter. Bank of the James Financial Group had a return on equity of 12.47% and a net margin of 14.43%.

Bank of the James Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Tuesday, February 17th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Tuesday, February 17th. Bank of the James Financial Group’s payout ratio is presently 20.00%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Bank of the James Financial Group in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Hedge Funds Weigh In On Bank of the James Financial Group

Several institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in shares of Bank of the James Financial Group during the second quarter worth approximately $27,000. Atlantic Union Bankshares Corp acquired a new position in Bank of the James Financial Group in the 3rd quarter valued at $94,000. LPL Financial LLC bought a new position in Bank of the James Financial Group during the 4th quarter worth $266,000. Empowered Funds LLC lifted its holdings in shares of Bank of the James Financial Group by 7.8% during the first quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider’s stock worth $328,000 after buying an additional 1,613 shares in the last quarter. Finally, Krilogy Financial LLC bought a new stake in shares of Bank of the James Financial Group in the third quarter valued at about $568,000. Institutional investors and hedge funds own 18.50% of the company’s stock.

Bank of the James Financial Group Company Profile

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.