Bank of the James Financial Group (NASDAQ:BOTJ) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

Shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.96 and traded as high as $14.19. Bank of the James Financial Group shares last traded at $14.11, with a volume of 3,980 shares traded.

Bank of the James Financial Group Stock Up 3.0 %

The stock has a 50 day moving average of $13.61 and a 200 day moving average of $13.95. The firm has a market capitalization of $65.04 million, a price-to-earnings ratio of 8.05 and a beta of 0.43.

Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last issued its earnings results on Friday, January 31st. The financial services provider reported $0.36 earnings per share for 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 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend was Friday, March 7th. Bank of the James Financial Group's dividend payout ratio (DPR) is 22.86%.

Institutional Investors Weigh In On Bank of the James Financial Group

A number of hedge funds have recently made changes to their positions in BOTJ. Bridgeway Capital Management LLC raised its stake in Bank of the James Financial Group by 2.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider's stock valued at $514,000 after acquiring an additional 956 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Bank of the James Financial Group by 3.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 28,466 shares of the financial services provider's stock worth $436,000 after buying an additional 911 shares in the last quarter. Fourthstone LLC boosted its holdings in shares of Bank of the James Financial Group by 72.9% in the fourth quarter. Fourthstone LLC now owns 161,046 shares of the financial services provider's stock valued at $2,556,000 after acquiring an additional 67,927 shares in the last quarter. RFG Bristol Wealth Advisors LLC acquired a new position in shares of Bank of the James Financial Group during the fourth quarter valued at approximately $178,000. Finally, WealthTrak Capital Management LLC bought a new stake in Bank of the James Financial Group during the fourth quarter worth approximately $34,000. 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.