Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report) Director William Bryant III bought 707 shares of the stock in a transaction on Friday, November 6th. The stock was purchased at an average price of $24.00 per share, for a total transaction of $16,968.00. Following the completion of the purchase, the director owned 79,073 shares of the company's stock, valued at approximately $1,897,752. This trade represents a 0.90% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Bank of the James Financial Group Price Performance
Shares of NASDAQ BOTJ opened at $24.79 on Tuesday. Bank of the James Financial Group, Inc. has a one year low of $16.49 and a one year high of $30.84. The business's fifty day moving average price is $26.92 and its 200-day moving average price is $24.15. The stock has a market capitalization of $112.55 million, a PE ratio of 9.15 and a beta of 0.19.
Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last posted its quarterly earnings results on Friday, October 30th. The financial services provider reported $0.73 earnings per share for the quarter. Bank of the James Financial Group had a return on equity of 14.80% and a net margin of 18.28%. The company had revenue of $13.90 million during the quarter.
Bank of the James Financial Group Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 20th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.4%. This is a boost from Bank of the James Financial Group's previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Friday, November 20th. Bank of the James Financial Group's payout ratio is currently 15.09%.
Analysts Set New Price Targets
A number of equities analysts have weighed in on BOTJ shares. Wall Street Zen lowered shares of Bank of the James Financial Group from a "buy" rating to a "hold" rating in a research report on Saturday, August 15th. Weiss Ratings lowered shares of Bank of the James Financial Group from a "buy (a)" rating to a "buy (b+)" rating in a research report on Thursday, October 29th. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, Bank of the James Financial Group has a consensus rating of "Buy".
View Our Latest Research Report on Bank of the James Financial Group
Institutional Investors Weigh In On Bank of the James Financial Group
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Bank of the James Financial Group during the third quarter worth $46,000. BlackRock Inc. bought a new position in shares of Bank of the James Financial Group in the second quarter worth $618,000. Empowered Funds LLC bought a new position in shares of Bank of the James Financial Group in the second quarter worth $630,000. Dimensional Fund Advisors LP grew its position in shares of Bank of the James Financial Group by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 33,458 shares of the financial services provider's stock valued at $689,000 after purchasing an additional 731 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new position in shares of Bank of the James Financial Group in the second quarter valued at $895,000. Institutional investors own 18.50% of the company's stock.
Bank of the James Financial Group Company Profile
(
Get Free Report)
Bank of the James Financial Group, Inc is a bank holding company headquartered in Lynchburg, Virginia. Through its principal subsidiary, Bank of the James, the company provides community banking services to individuals, businesses and organizations in Central Virginia and surrounding markets.
Bank of the James offers deposit accounts, commercial and residential real estate lending, consumer loans, business loans, mortgage services and other traditional banking products. The bank also provides treasury management and cash-management services designed to support commercial customers, along with online and mobile banking capabilities for personal and business clients.
Founded in 1999, Bank of the James has developed a regional branch network and emphasizes relationship-based banking and local decision-making.
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