Bank of the James Financial Group (NASDAQ:BOTJ) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) shares passed 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 trading hands.

Bank of the James Financial Group Stock Performance

The company’s fifty day moving average price is $13.60 and its 200-day moving average price is $13.96. The stock has a market cap of $64.58 million, a P/E ratio of 8.06 and a beta of 0.43.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its earnings results on Friday, January 31st. The financial services provider reported $0.36 earnings per share (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 firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a $0.10 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.40 dividend on an annualized basis and a yield of 2.84%. Bank of the James Financial Group’s payout ratio is 22.86%.

Institutional Investors Weigh In On Bank of the James Financial Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bridgeway Capital Management LLC grew its position in shares of 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 worth $514,000 after buying an additional 956 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in 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 acquiring an additional 911 shares in the last quarter. Fourthstone LLC increased its position in Bank of the James Financial Group by 72.9% during the 4th quarter. Fourthstone LLC now owns 161,046 shares of the financial services provider’s stock valued at $2,556,000 after purchasing an additional 67,927 shares during the period. RFG Bristol Wealth Advisors LLC bought a new stake in shares of Bank of the James Financial Group in the 4th quarter valued at about $178,000. Finally, WealthTrak Capital Management LLC purchased a new stake in shares of Bank of the James Financial Group in the 4th 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.