Bridgeway Capital Management LLC Grows Stock Position in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)

Bridgeway Capital Management LLC increased its position in shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) by 2.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,598 shares of the financial services provider’s stock after purchasing an additional 956 shares during the quarter. Bridgeway Capital Management LLC’s holdings in Bank of the James Financial Group were worth $514,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pettyjohn Wood & White Inc. raised its position in shares of 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 buying an additional 6,363 shares during the last quarter. Fourthstone LLC increased 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 purchasing an additional 67,927 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Bank of the James Financial Group by 3.3% during the fourth 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. Empowered Funds LLC boosted its stake in Bank of the James Financial Group by 4.9% during the fourth quarter. Empowered Funds LLC now owns 20,598 shares of the financial services provider’s stock worth $315,000 after buying an additional 956 shares during the last quarter. Finally, RFG Bristol Wealth Advisors LLC purchased a new position in shares of Bank of the James Financial Group during the 4th quarter worth $178,000. Hedge funds and other institutional investors own 18.50% of the company’s stock.

Bank of the James Financial Group Price Performance

Shares of BOTJ stock opened at $14.25 on Monday. The firm’s 50-day moving average is $13.87 and its two-hundred day moving average is $14.04. Bank of the James Financial Group, Inc. has a 12 month low of $10.14 and a 12 month high of $17.05. The company has a market capitalization of $65.27 million, a PE ratio of 8.14 and a beta of 0.29.

Bank of the James Financial Group (NASDAQ:BOTJ) last released its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.19 EPS for the quarter. The firm had revenue of $11.00 million 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.40 annualized dividend and a yield of 2.81%. Bank of the James Financial Group’s dividend payout ratio (DPR) is currently 27.40%.

Insider Buying and Selling at Bank of the James Financial Group

In related news, President Robert R. Chapman acquired 2,828 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was purchased at an average price of $14.11 per share, with a total value of $39,903.08. Following the transaction, the president now owns 122,885 shares of the company’s stock, valued at approximately $1,733,907.35. This trade represents a 2.36% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 15.37% of the stock is currently owned by corporate insiders.

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.