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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.42 and traded as high as $15.76. Bank of the James Financial Group shares last traded at $15.55, with a volume of 739 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Bank of the James Financial Group in a research report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Bank of the James Financial Group presently has a consensus rating of “Hold”.

Bank of the James Financial Group Stock Up 0.6%

The company’s fifty day moving average is $15.23 and its 200 day moving average is $14.42.

Bank of the James Financial Group (NASDAQ:BOTJ) last released its quarterly earnings data on Monday, August 4th. The financial services provider reported $0.60 EPS for the quarter. The company had revenue of $12.32 million during the quarter. Bank of the James Financial Group had a net margin of 11.72% and a return on equity of 10.45%.

Bank of the James Financial Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Friday, September 12th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, September 12th. This represents a $0.40 annualized dividend and a yield of 2.6%. Bank of the James Financial Group’s dividend payout ratio (DPR) is 25.16%.

Insider Transactions at Bank of the James Financial Group

In other news, Director William C. Bryant III bought 2,525 shares of the stock in a transaction on Monday, August 25th. The shares were acquired at an average cost of $15.43 per share, for a total transaction of $38,960.75. Following the purchase, the director directly owned 75,618 shares of the company’s stock, valued at $1,166,785.74. This trade represents a 3.45% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders have purchased 3,265 shares of company stock valued at $49,420. Corporate insiders own 15.37% of the company’s stock.

Institutional Trading of Bank of the James Financial Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in Bank of the James Financial Group in the 2nd quarter worth approximately $27,000. Empowered Funds LLC lifted its stake in Bank of the James Financial Group by 7.8% in the 1st quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider’s stock worth $328,000 after purchasing an additional 1,613 shares in the last quarter. Finally, Fourthstone LLC lifted its stake in Bank of the James Financial Group by 27.2% in the 2nd quarter. Fourthstone LLC now owns 225,618 shares of the financial services provider’s stock worth $3,172,000 after purchasing an additional 48,244 shares in the last quarter. 18.50% of the stock is currently owned by hedge funds and other 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.