First Manhattan Co. maintained its stake in shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,440 shares of the financial services provider’s stock at the end of the second quarter. First Manhattan Co. owned approximately 0.26% of Bank of the James Financial Group worth $171,000 as of its most recent filing with the SEC.
Separately, Eidelman Virant Capital raised its stake in shares of Bank of the James Financial Group by 3.2% in the second quarter. Eidelman Virant Capital now owns 175,527 shares of the financial services provider’s stock worth $2,625,000 after buying an additional 5,454 shares in the last quarter. 33.86% of the stock is currently owned by institutional investors and hedge funds.
Shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) opened at 14.42 on Friday. Bank of the James Financial Group, Inc. has a one year low of $12.08 and a one year high of $18.50. The firm’s 50-day moving average price is $15.03 and its 200-day moving average price is $15.12. The company has a market capitalization of $63.13 million, a price-to-earnings ratio of 21.85 and a beta of 0.76.
Bank of the James Financial Group (NASDAQ:BOTJ) last released its earnings results on Friday, July 21st. The financial services provider reported $0.18 earnings per share (EPS) for the quarter. Bank of the James Financial Group had a net margin of 10.72% and a return on equity of 5.74%. The firm had revenue of $6.39 million during the quarter.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 8th will be issued a dividend of $0.06 per share. The ex-dividend date is Thursday, September 7th. This represents a $0.24 annualized dividend and a dividend yield of 1.66%. Bank of the James Financial Group’s payout ratio is 36.36%.
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In other Bank of the James Financial Group news, Director Julie P. Doyle bought 2,000 shares of the stock in a transaction dated Wednesday, July 26th. The stock was purchased at an average cost of $15.46 per share, for a total transaction of $30,920.00. Following the completion of the acquisition, the director now owns 5,276 shares of the company’s stock, valued at $81,566.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have bought 4,596 shares of company stock valued at $70,045 over the last quarter. Company insiders own 9.33% of the company’s stock.
About Bank of the James Financial Group
Bank of the James Financial Group, Inc is a bank holding company for Bank of the James (Bank). The Bank is a Virginia banking corporation engaged in general retail and commercial banking business. The Company conducts two principal activities: general retail and commercial banking through the Bank and mortgage origination services through Bank of the James Mortgage, a division of the Bank.
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