Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Shares Purchased by Fourthstone LLC

Fourthstone LLC increased its position in shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Free Report) by 72.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 161,046 shares of the financial services provider's stock after buying an additional 67,927 shares during the quarter. Fourthstone LLC owned about 3.52% of Bank of the James Financial Group worth $2,556,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. WealthTrak Capital Management LLC acquired a new stake in shares of Bank of the James Financial Group in the fourth quarter valued at approximately $34,000. RFG Bristol Wealth Advisors LLC acquired a new stake in Bank of the James Financial Group during the 4th quarter worth $178,000. Empowered Funds LLC grew its position in Bank of the James Financial Group by 4.9% during the 4th 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. Finally, Pettyjohn Wood & White Inc. increased its stake in Bank of the James Financial Group by 2.5% in 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 period. Institutional investors and hedge funds own 18.50% of the company's stock.

Bank of the James Financial Group Stock Performance

Shares of NASDAQ:BOTJ opened at $13.83 on Thursday. Bank of the James Financial Group, Inc. has a one year low of $9.65 and a one year high of $17.05. The company has a 50-day simple moving average of $13.62 and a 200-day simple moving average of $13.95. The stock has a market capitalization of $63.32 million, a price-to-earnings ratio of 7.90 and a beta of 0.43.

Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last posted 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 declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.89%. The ex-dividend date was Friday, March 7th. Bank of the James Financial Group's dividend payout ratio is presently 22.86%.

Bank of the James Financial Group 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.

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