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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)’s share price passed 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.

Bank of the James Financial Group Stock Down 0.1 %

The stock has a market capitalization of $61.31 million, a PE ratio of 6.87 and a beta of 0.75. The firm has a 50 day moving average price of $13.48 and a 200 day moving average price of $12.01.

Bank of the James Financial Group (NASDAQ:BOTJ) last released its 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 business had revenue of $11.28 million during the quarter.

Bank of the James Financial Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders 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 2.99%. The ex-dividend date is Friday, November 22nd. Bank of the James Financial Group’s payout ratio is currently 20.51%.

Hedge Funds Weigh In On Bank of the James Financial Group

Large investors have recently made changes to their positions in the stock. Empowered Funds LLC boosted its stake in 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 buying an additional 1,225 shares during the period. Dimensional Fund Advisors LP lifted its stake in 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 worth $302,000 after purchasing an additional 8,556 shares during the last quarter. Inspire Investing LLC purchased a new position in shares of Bank of the James Financial Group in the third quarter worth about $1,018,000. Vanguard Group Inc. increased its holdings 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 worth $1,995,000 after buying an additional 47,895 shares during the period. Finally, Pettyjohn Wood & White Inc. increased its holdings 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 worth $2,631,000 after buying an additional 57,856 shares during the period. 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.