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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.25 and traded as high as $15.13. Bank of the James Financial Group shares last traded at $15.13, with a volume of 5,531 shares trading hands.

Bank of the James Financial Group Stock Up 1.4 %

The firm has a market capitalization of $70.18 million, a price-to-earnings ratio of 8.34 and a beta of 0.80. The business’s 50-day simple moving average is $14.41 and its two-hundred day simple moving average is $13.31.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its quarterly earnings results on Friday, October 25th. The financial services provider reported $0.44 earnings per share for the quarter. Bank of the James Financial Group had a net margin of 14.46% and a return on equity of 13.36%. The business had revenue of $11.33 million during the quarter.

Bank of the James Financial Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend was Friday, November 22nd. Bank of the James Financial Group’s dividend payout ratio (DPR) is currently 21.74%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BOTJ. Empowered Funds LLC grew its holdings in shares of Bank of the James Financial Group by 5.0% in the third quarter. Empowered Funds LLC now owns 19,642 shares of the financial services provider’s stock valued at $270,000 after purchasing an additional 938 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Bank of the James Financial Group by 46.8% in the second quarter. Dimensional Fund Advisors LP now owns 26,852 shares of the financial services provider’s stock worth $302,000 after acquiring an additional 8,556 shares during the last quarter. Inspire Investing LLC purchased a new position in Bank of the James Financial Group in the third quarter worth approximately $1,018,000. Finally, Fourthstone LLC lifted its stake in Bank of the James Financial Group by 27.7% in the third quarter. Fourthstone LLC now owns 93,119 shares of the financial services provider’s stock worth $1,279,000 after acquiring an additional 20,191 shares during the last quarter. Institutional investors and hedge funds 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.