Bank of the James Financial Group (NASDAQ:BOTJ) Director Buys $24,103.73 in Stock

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Director William Bryant III bought 1,043 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was acquired at an average cost of $23.11 per share, with a total value of $24,103.73. Following the completion of the transaction, the director directly owned 77,716 shares of the company’s stock, valued at approximately $1,796,016.76. This represents a 1.36% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Bank of the James Financial Group Stock Up 0.5%

BOTJ stock opened at $23.33 on Friday. The company has a market capitalization of $105.99 million, a price-to-earnings ratio of 9.64 and a beta of 0.18. Bank of the James Financial Group, Inc. has a 12 month low of $13.00 and a 12 month high of $29.79. The firm has a 50 day moving average of $21.42 and a two-hundred day moving average of $19.31.

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

Bank of the James Financial Group Dividend Announcement

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

Wall Street Analyst Weigh In

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

Institutional Trading of Bank of the James Financial Group

Several large investors have recently modified their holdings of BOTJ. Empowered Funds LLC boosted its holdings in shares of Bank of the James Financial Group by 7.8% during the 1st 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 during the period. Raymond James Financial Inc. bought a new stake in shares of Bank of the James Financial Group during the 2nd quarter worth $27,000. Atlantic Union Bankshares Corp bought a new stake in shares of Bank of the James Financial Group during the 3rd quarter worth $94,000. Krilogy Financial LLC bought a new stake in shares of Bank of the James Financial Group during the 3rd quarter worth $568,000. Finally, Bridgeway Capital Management LLC boosted its holdings in shares of Bank of the James Financial Group by 2.5% during the 3rd quarter. Bridgeway Capital Management LLC now owns 36,238 shares of the financial services provider’s stock worth $565,000 after buying an additional 868 shares during the period. 18.50% of the stock is owned by institutional investors.

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.