Bank of the James Financial Group (NASDAQ:BOTJ) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $12.00 and traded as high as $13.43. Bank of the James Financial Group shares last traded at $13.43, with a volume of 2,632 shares.

Bank of the James Financial Group Stock Up 5.2 %

The firm has a market capitalization of $61.44 million, a P/E ratio of 6.89 and a beta of 0.75. The company’s 50 day moving average is $13.47 and its 200-day moving average is $12.00.

Bank of the James Financial Group (NASDAQ:BOTJ) last released its quarterly earnings data on Friday, July 26th. The financial services provider reported $0.47 earnings per share for the quarter. Bank of the James Financial Group had a net margin of 15.14% and a return on equity of 14.59%. The firm had revenue of $11.28 million for the quarter.

Bank of the James Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date is Friday, November 22nd. Bank of the James Financial Group’s dividend payout ratio (DPR) is 20.51%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BOTJ. Inspire Investing LLC bought a new position in shares of Bank of the James Financial Group in the third quarter valued at $1,018,000. Pettyjohn Wood & White Inc. lifted its stake in shares of Bank of the James Financial Group by 29.5% in 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 buying an additional 57,856 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Bank of the James Financial Group by 33.1% in the first 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 in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Bank of the James Financial Group by 46.8% in the second quarter. Dimensional Fund Advisors LP now owns 26,852 shares of the financial services provider’s stock valued at $302,000 after buying an additional 8,556 shares in the last quarter. Finally, Empowered Funds LLC lifted its position 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 in the last quarter. 18.50% of the stock is owned by institutional investors.

About Bank of the James Financial Group

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.