Bank of the James Financial Group (NASDAQ:BOTJ) Shares Pass Below 200 Day Moving Average of $11.13

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.13 and traded as low as $10.70. Bank of the James Financial Group shares last traded at $11.26, with a volume of 9,202 shares changing hands.

Bank of the James Financial Group Stock Up 3.3 %

The firm has a market cap of $51.46 million, a P/E ratio of 5.77 and a beta of 0.76. The stock’s 50-day simple moving average is $10.65 and its 200 day simple moving average is $11.13.

Bank of the James Financial Group (NASDAQ:BOTJ) last issued its quarterly earnings results on Friday, April 26th. The financial services provider reported $0.48 EPS for the quarter. The business had revenue of $10.26 million for the quarter. Bank of the James Financial Group had a net margin of 16.45% and a return on equity of 15.86%.

Bank of the James Financial Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Friday, June 7th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, June 7th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.55%. Bank of the James Financial Group’s dividend payout ratio (DPR) is presently 20.51%.

Hedge Funds Weigh In On Bank of the James Financial Group

Large investors have recently added to or reduced their stakes in the business. MontVue Capital Management Inc. bought a new position in Bank of the James Financial Group in the 4th quarter valued at about $203,000. BHZ Capital Management LP purchased a new stake in Bank of the James Financial Group in the 4th quarter valued at about $268,000. Vanguard Group Inc. increased its stake in Bank of the James Financial Group by 33.1% in the 1st quarter. Vanguard Group Inc. now owns 192,585 shares of the financial services provider’s stock valued at $1,995,000 after buying an additional 47,895 shares during the last quarter. Empowered Funds LLC increased its stake in Bank of the James Financial Group by 7.6% in the 1st quarter. Empowered Funds LLC now owns 17,444 shares of the financial services provider’s stock valued at $181,000 after buying an additional 1,225 shares during the last quarter. Finally, Pettyjohn Wood & White Inc. increased its stake in shares of Bank of the James Financial Group by 29.5% during the 1st quarter. Pettyjohn Wood & White Inc. now owns 253,963 shares of the financial services provider’s stock worth $2,631,000 after purchasing an additional 57,856 shares during the last quarter. Institutional investors own 18.50% of the company’s stock.

Bank of the James Financial Group Company Profile

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.