Bank of the James Financial Group (NASDAQ:BOTJ) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.11 and traded as high as $14.50. Bank of the James Financial Group shares last traded at $14.20, with a volume of 8,176 shares changing hands.

Bank of the James Financial Group Stock Down 0.4%

The company has a market capitalization of $65.04 million, a PE ratio of 8.11 and a beta of 0.29. The business’s 50 day simple moving average is $14.11 and its 200 day simple moving average is $14.11.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.19 EPS for the quarter. The company had revenue of $11.00 million during the quarter. Bank of the James Financial Group had a net margin of 13.29% and a return on equity of 12.48%.

Bank of the James Financial Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, June 6th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend is Friday, June 6th. Bank of the James Financial Group’s dividend payout ratio (DPR) is 27.40%.

Insider Transactions at Bank of the James Financial Group

In other news, President Robert R. Chapman acquired 2,828 shares of the company’s stock in a transaction that occurred on Monday, May 5th. The shares were purchased at an average price of $14.11 per share, for a total transaction of $39,903.08. Following the completion of the acquisition, the president now owns 122,885 shares of the company’s stock, valued at approximately $1,733,907.35. This represents a 2.36% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William C. Bryant III acquired 6,602 shares of the company’s stock in a transaction that occurred on Thursday, May 22nd. The stock was purchased at an average price of $14.49 per share, for a total transaction of $95,662.98. Following the acquisition, the director now directly owns 73,093 shares of the company’s stock, valued at $1,059,117.57. The trade was a 9.93% increase in their position. The disclosure for this purchase can be found here. Insiders purchased 10,352 shares of company stock valued at $148,617 over the last three months. 15.37% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Bank of the James Financial Group

Hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its holdings in Bank of the James Financial Group by 3.3% during 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 last quarter. Empowered Funds LLC grew its holdings in Bank of the James Financial Group by 4.9% during the fourth quarter. Empowered Funds LLC now owns 20,598 shares of the financial services provider’s stock valued at $315,000 after purchasing an additional 956 shares during the last quarter. Bridgeway Capital Management LLC grew its holdings in Bank of the James Financial Group by 2.9% during the fourth 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. WealthTrak Capital Management LLC acquired a new position in Bank of the James Financial Group during the fourth quarter valued at approximately $34,000. Finally, Pettyjohn Wood & White Inc. grew its holdings in 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 purchasing an additional 6,363 shares during the last quarter. Institutional investors and hedge funds 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.