Inspire Investing LLC Takes $1.02 Million Position in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)

Inspire Investing LLC purchased a new position in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) in the third quarter, HoldingsChannel reports. The fund purchased 74,058 shares of the financial services provider’s stock, valued at approximately $1,018,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Empowered Funds LLC grew its holdings in shares of Bank of the James Financial Group by 7.6% during the 1st quarter. Empowered Funds LLC now owns 17,444 shares of the financial services provider’s stock worth $181,000 after acquiring an additional 1,225 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Bank of the James Financial Group by 46.8% during the second quarter. Dimensional Fund Advisors LP now owns 26,852 shares of the financial services provider’s stock valued at $302,000 after purchasing an additional 8,556 shares in the last quarter. Vanguard Group Inc. grew its stake in Bank of the James Financial Group by 33.1% in the first quarter. Vanguard Group Inc. now owns 192,585 shares of the financial services provider’s stock worth $1,995,000 after purchasing an additional 47,895 shares during the period. Finally, Pettyjohn Wood & White Inc. raised its holdings in Bank of the James Financial Group by 29.5% in the first quarter. Pettyjohn Wood & White Inc. now owns 253,963 shares of the financial services provider’s stock worth $2,631,000 after purchasing an additional 57,856 shares in the last quarter. 18.50% of the stock is currently owned by hedge funds and other institutional investors.

Bank of the James Financial Group Trading Up 0.3 %

Shares of Bank of the James Financial Group stock opened at $12.79 on Monday. The business has a fifty day simple moving average of $13.49 and a two-hundred day simple moving average of $11.86. The firm has a market capitalization of $58.51 million, a P/E ratio of 6.56 and a beta of 0.75. Bank of the James Financial Group, Inc. has a 12 month low of $9.49 and a 12 month high of $15.75.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its quarterly earnings data on Friday, July 26th. The financial services provider reported $0.47 EPS for the quarter. Bank of the James Financial Group had a net margin of 15.14% and a return on equity of 14.59%. The business had revenue of $11.28 million for the quarter.

Bank of the James Financial Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Investors of record on Friday, September 6th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date was Friday, September 6th. Bank of the James Financial Group’s dividend payout ratio (DPR) is presently 20.51%.

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.