Bank of the James Financial Group (NASDAQ:BOTJ) President Robert Chapman Acquires 1,200 Shares

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) President Robert Chapman bought 1,200 shares of the stock in a transaction on Friday, February 20th. The stock was purchased at an average price of $20.89 per share, with a total value of $25,068.00. Following the completion of the acquisition, the president directly owned 124,118 shares in the company, valued at approximately $2,592,825.02. This trade represents a 0.98% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Bank of the James Financial Group Price Performance

Shares of BOTJ stock remained flat at $20.90 on Friday. The company had a trading volume of 9,866 shares, compared to its average volume of 4,974. Bank of the James Financial Group, Inc. has a 12-month low of $12.75 and a 12-month high of $21.49. The business has a 50 day moving average price of $19.01 and a 200 day moving average price of $16.99.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its earnings results on Wednesday, February 4th. The financial services provider reported $0.60 EPS for the quarter. Bank of the James Financial Group had a net margin of 14.43% and a return on equity of 12.47%. The business had revenue of $12.86 million for the quarter.

Bank of the James Financial Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Tuesday, February 17th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $0.40 dividend on an annualized basis and a yield of 1.9%. Bank of the James Financial Group’s payout ratio is 20.00%.

Institutional Investors Weigh In On Bank of the James Financial Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Fourthstone LLC increased its position in shares of Bank of the James Financial Group by 10.3% in the 4th quarter. Fourthstone LLC now owns 321,908 shares of the financial services provider’s stock valued at $5,981,000 after acquiring an additional 30,126 shares during the period. Daytona Street Capital LLC purchased a new stake in Bank of the James Financial Group during the 4th quarter valued at about $2,933,000. Bridgeway Capital Management LLC increased its holdings in shares of Bank of the James Financial Group by 2.5% in the third quarter. Bridgeway Capital Management LLC now owns 36,238 shares of the financial services provider’s stock valued at $565,000 after purchasing an additional 868 shares during the period. Krilogy Financial LLC purchased a new position in shares of Bank of the James Financial Group in the third quarter worth about $568,000. Finally, Empowered Funds LLC raised its stake in shares of Bank of the James Financial Group by 7.8% in the first quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider’s stock worth $328,000 after purchasing an additional 1,613 shares during the last quarter. 18.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Bank of the James Financial Group in a report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

About Bank of the James Financial Group

Bank of the James Financial Group, Inc is the bank holding company for The Bank of the James, a Virginia-chartered commercial bank headquartered in Lynchburg, Virginia. Established in the early 20th century, the organization has developed a reputation for community banking with a focus on personalized service. As a NASDAQ-listed entity under the ticker BOTJ, the holding company oversees a network of full-service branches throughout Central and Southwestern Virginia.

The Bank of the James offers a comprehensive suite of consumer and commercial banking solutions.