Bank of the James Financial Group (NASDAQ:BOTJ) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.96 and traded as high as $14.19. Bank of the James Financial Group shares last traded at $14.11, with a volume of 3,980 shares trading hands.

Bank of the James Financial Group Stock Down 0.1 %

The company’s 50 day simple moving average is $13.60 and its two-hundred day simple moving average is $13.96. The company has a market capitalization of $64.58 million, a price-to-earnings ratio of 8.06 and a beta of 0.43.

Bank of the James Financial Group (NASDAQ:BOTJ) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported $0.36 EPS for the quarter. Bank of the James Financial Group had a return on equity of 12.48% and a net margin of 13.29%.

Bank of the James Financial Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.84%. The ex-dividend date was Friday, March 7th. Bank of the James Financial Group’s payout ratio is currently 22.86%.

Institutional Trading of Bank of the James Financial Group

Large investors have recently bought and sold shares of the stock. Pettyjohn Wood & White Inc. grew its holdings in shares of Bank of the James Financial Group by 2.5% during the fourth quarter. Pettyjohn Wood & White Inc. now owns 261,932 shares of the financial services provider’s stock valued at $4,010,000 after buying an additional 6,363 shares during the last quarter. Fourthstone LLC lifted its position in Bank of the James Financial Group by 72.9% during the 4th quarter. Fourthstone LLC now owns 161,046 shares of the financial services provider’s stock worth $2,556,000 after acquiring an additional 67,927 shares during the period. Bridgeway Capital Management LLC grew its stake in Bank of the James Financial Group by 2.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider’s stock valued at $514,000 after purchasing an additional 956 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Bank of the James Financial Group by 3.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 28,466 shares of the financial services provider’s stock valued at $436,000 after purchasing an additional 911 shares during the period. Finally, Empowered Funds LLC raised its stake in shares of Bank of the James Financial Group by 4.9% in the fourth quarter. Empowered Funds LLC now owns 20,598 shares of the financial services provider’s stock worth $315,000 after purchasing an additional 956 shares during the last quarter. Hedge funds and other 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.