Key Points
- Director Phillip Jamerson bought 1,014 shares on Nov. 24 at an average price of $16.65 ($16,883.10 total), raising his stake to 17,090 shares — a 6.31% increase — per an SEC filing.
- The company declared a quarterly dividend of $0.10 (annualized $0.40), payable Dec. 5 with an ex-dividend/record date of Nov. 21, implying a ~2.3% yield and a 22.73% payout ratio.
- Recent results show $0.61 EPS and $20.77M revenue for the quarter; the stock has a market cap of ~$80.5M and a P/E of 11.06, and analysts maintain a consensus Hold rating.
Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report) Director Phillip Jamerson bought 1,014 shares of the company's stock in a transaction on Monday, November 24th. The shares were acquired at an average price of $16.65 per share, for a total transaction of $16,883.10. Following the transaction, the director directly owned 17,090 shares in the company, valued at $284,548.50. This trade represents a 6.31% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Bank of the James Financial Group Price Performance
BOTJ opened at $17.59 on Tuesday. Bank of the James Financial Group, Inc. has a 12 month low of $11.56 and a 12 month high of $18.50. The stock has a market capitalization of $80.54 million, a P/E ratio of 11.06 and a beta of 0.31. The business has a 50 day simple moving average of $16.30 and a 200-day simple moving average of $15.03.
Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.61 earnings per share for the quarter. The firm had revenue of $20.77 million for 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 Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 21st will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, November 21st. Bank of the James Financial Group's dividend payout ratio (DPR) is currently 22.73%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Bank of the James Financial Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of "Hold".
Read Our Latest Analysis on Bank of the James Financial Group
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Empowered Funds LLC raised its stake 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 last quarter. Fourthstone LLC increased its holdings in Bank of the James Financial Group by 27.2% during the 2nd quarter. Fourthstone LLC now owns 225,618 shares of the financial services provider's stock valued at $3,172,000 after acquiring an additional 48,244 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Bank of the James Financial Group during the second quarter worth about $27,000. Atlantic Union Bankshares Corp acquired a new position in Bank of the James Financial Group during the third quarter worth about $94,000. Finally, Krilogy Financial LLC purchased a new stake in shares of Bank of the James Financial Group in the third quarter valued at about $568,000. Hedge funds and other institutional investors own 18.50% of the company's stock.
About Bank of the James Financial Group
(
Get Free Report)
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.
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