Free Trial

Bank of the James Financial Group (NASDAQ:BOTJ) Stock Price Passes Above 200 Day Moving Average - Here's Why

Bank of the James Financial Group logo with Finance background

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 changing hands.

Bank of the James Financial Group Stock Performance

The stock has a market cap of $61.40 million, a P/E ratio of 6.88 and a beta of 0.75. The firm has a 50 day simple moving average of $13.48 and a two-hundred day simple moving average of $12.01.

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

Bank of the James Financial Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be issued 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 payout ratio is 20.51%.

Hedge Funds Weigh In On Bank of the James Financial Group

Hedge funds have recently modified their holdings of the stock. Empowered Funds LLC grew its holdings in shares of Bank of the James Financial Group by 7.6% in the 1st quarter. Empowered Funds LLC now owns 17,444 shares of the financial services provider's stock worth $181,000 after acquiring an additional 1,225 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Bank of the James Financial Group by 46.8% during 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. Inspire Investing LLC purchased a new position in shares of Bank of the James Financial Group during the third quarter valued at $1,018,000. Vanguard Group Inc. grew its holdings in shares of Bank of the James Financial Group by 33.1% during 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. Finally, Pettyjohn Wood & White Inc. grew its holdings in shares of Bank of the James Financial Group by 29.5% during 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. 18.50% of the stock is currently owned by institutional investors and hedge funds.

Bank of the James Financial Group Company Profile

(Get Free Report)

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.

Further Reading

Should you invest $1,000 in Bank of the James Financial Group right now?

Before you consider Bank of the James Financial Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank of the James Financial Group wasn't on the list.

While Bank of the James Financial Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for December 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Palo Alto Networks Gains Momentum: What’s Next for This Cybersecurity Giant?

Palo Alto Networks Gains Momentum: What’s Next for This Cybersecurity Giant?

With earnings on the horizon, will Palo Alto Networks continue its rally through Q4? Find out what analysts and investors are predicting.

Related Videos

3 Momentum Stock Picks With Room to Run

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines