Fourthstone LLC Has $1.28 Million Stock Holdings in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)

Fourthstone LLC boosted its stake in shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) by 27.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 93,119 shares of the financial services provider’s stock after acquiring an additional 20,191 shares during the quarter. Fourthstone LLC’s holdings in Bank of the James Financial Group were worth $1,279,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Empowered Funds LLC grew its stake in shares of Bank of the James Financial Group by 5.0% during the third quarter. Empowered Funds LLC now owns 19,642 shares of the financial services provider’s stock valued at $270,000 after purchasing an additional 938 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Bank of the James Financial Group by 46.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 26,852 shares of the financial services provider’s stock worth $302,000 after purchasing an additional 8,556 shares during the last quarter. Inspire Investing LLC acquired a new position in Bank of the James Financial Group during the 3rd quarter worth $1,018,000. Finally, Vanguard Group Inc. boosted its position 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. Institutional investors and hedge funds own 18.50% of the company’s stock.

Bank of the James Financial Group Price Performance

Shares of NASDAQ BOTJ traded down $0.08 during midday trading on Thursday, hitting $14.68. The stock had a trading volume of 550 shares, compared to its average volume of 5,057. Bank of the James Financial Group, Inc. has a fifty-two week low of $9.65 and a fifty-two week high of $15.75. The firm has a market cap of $67.09 million, a P/E ratio of 7.98 and a beta of 0.76. The company’s 50-day simple moving average is $13.65 and its 200 day simple moving average is $12.67.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its quarterly earnings data on Friday, October 25th. The financial services provider reported $0.44 EPS for the quarter. Bank of the James Financial Group had a return on equity of 13.36% and a net margin of 14.46%. The firm had revenue of $11.33 million during the quarter.

Bank of the James Financial Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.40 annualized dividend and a yield of 2.72%. Bank of the James Financial Group’s dividend payout ratio is currently 21.74%.

Bank of the James Financial Group 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.