Bank of the James Financial Group (NASDAQ:BOTJ) Stock Crosses Below 200-Day Moving Average of $11.13

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) shares crossed 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 traded.

Bank of the James Financial Group Price Performance

The firm has a market cap of $51.46 million, a PE ratio of 5.77 and a beta of 0.76. The company has a 50 day simple moving average of $10.65 and a 200-day simple moving average of $11.13.

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

Bank of the James Financial Group Dividend Announcement

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

Institutional Trading of Bank of the James Financial Group

A number of institutional investors have recently made changes to their positions in the stock. Pettyjohn Wood & White Inc. boosted its stake in shares of Bank of the James Financial Group by 29.5% during the first quarter. Pettyjohn Wood & White Inc. now owns 253,963 shares of the financial services provider’s stock valued at $2,631,000 after purchasing an additional 57,856 shares during the period. Vanguard Group Inc. boosted its stake in shares of Bank of the James Financial Group by 33.1% during the first quarter. Vanguard Group Inc. now owns 192,585 shares of the financial services provider’s stock valued at $1,995,000 after purchasing an additional 47,895 shares during the period. BHZ Capital Management LP purchased a new stake in shares of Bank of the James Financial Group during the fourth quarter valued at approximately $268,000. Empowered Funds LLC boosted its stake in shares of Bank of the James Financial Group by 7.6% during the first quarter. Empowered Funds LLC now owns 17,444 shares of the financial services provider’s stock valued at $181,000 after purchasing an additional 1,225 shares during the period. Finally, MontVue Capital Management Inc. purchased a new stake in Bank of the James Financial Group in the fourth quarter worth $203,000. 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.