Bank of the James Financial Group (NASDAQ:BOTJ) Director Buys $12,492.00 in Stock

Key Points

  • Director William Bryant III purchased 600 shares on Feb. 19 at $20.82 each (total $12,492), bringing his stake to 76,673 shares — a 0.79% ownership increase valued at about $1.596M.
  • Shares were trading flat at $20.90 with volume of 9,866 (vs. avg. 4,974); the 52‑week range is $12.75–$21.49 and the 50-/200-day moving averages are $19.01 and $16.99, respectively.
  • Bank of the James declared a quarterly dividend of $0.10 per share (annualized $0.40) for a 1.9% yield, with an ex-dividend date of Feb. 17 and payment on Mar. 6.

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report) Director William Bryant III acquired 600 shares of Bank of the James Financial Group stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average cost of $20.82 per share, with a total value of $12,492.00. Following the transaction, the director owned 76,673 shares in the company, valued at $1,596,331.86. This represents a 0.79% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Bank of the James Financial Group Stock Performance

Shares of NASDAQ BOTJ remained flat at $20.90 during trading on Friday. The stock had a trading volume of 9,866 shares, compared to its average volume of 4,974. Bank of the James Financial Group, Inc. has a 52-week low of $12.75 and a 52-week high of $21.49. The business's 50-day moving average is $19.01 and its 200-day moving average is $16.99.

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

Bank of the James Financial Group Announces Dividend




The company also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Tuesday, February 17th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $0.40 annualized dividend and a dividend yield of 1.9%. Bank of the James Financial Group's dividend payout ratio (DPR) is 20.00%.

Institutional Investors Weigh In On Bank of the James Financial Group

Several hedge funds and other institutional investors have recently modified their holdings of BOTJ. Empowered Funds LLC raised its holdings in Bank of the James Financial Group by 7.8% in the 1st 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. Fourthstone LLC raised its stake in shares of Bank of the James Financial Group by 27.2% in the second quarter. Fourthstone LLC now owns 225,618 shares of the financial services provider's stock worth $3,172,000 after buying an additional 48,244 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Bank of the James Financial Group during the 2nd quarter valued at about $27,000. Atlantic Union Bankshares Corp bought a new position in shares of Bank of the James Financial Group during the 3rd quarter valued at approximately $94,000. Finally, Krilogy Financial LLC purchased a new stake in Bank of the James Financial Group in the 3rd quarter worth approximately $568,000. 18.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Bank of the James Financial Group in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of "Hold".

View Our Latest Stock Analysis on BOTJ

About Bank of the James Financial Group

(Get Free Report)

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.

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