RFG Bristol Wealth Advisors LLC Makes New Investment in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)

RFG Bristol Wealth Advisors LLC acquired a new stake in shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,594 shares of the financial services provider’s stock, valued at approximately $178,000. RFG Bristol Wealth Advisors LLC owned about 0.25% of Bank of the James Financial Group at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pettyjohn Wood & White Inc. raised its holdings in shares of Bank of the James Financial Group by 2.5% during the fourth quarter. Pettyjohn Wood & White Inc. now owns 261,932 shares of the financial services provider’s stock worth $4,010,000 after purchasing an additional 6,363 shares during the last quarter. WealthTrak Capital Management LLC acquired a new stake in Bank of the James Financial Group during the 4th quarter worth about $34,000. Finally, Empowered Funds LLC raised its stake in shares of Bank of the James Financial Group by 4.9% during the 4th quarter. Empowered Funds LLC now owns 20,598 shares of the financial services provider’s stock valued at $315,000 after buying an additional 956 shares during the last quarter. Hedge funds and other institutional investors own 18.50% of the company’s stock.

Bank of the James Financial Group Stock Down 1.9 %

Shares of BOTJ opened at $14.50 on Thursday. The company has a market capitalization of $66.34 million, a price-to-earnings ratio of 8.29 and a beta of 0.78. Bank of the James Financial Group, Inc. has a 52 week low of $9.65 and a 52 week high of $17.05. The stock’s 50-day moving average price is $13.53 and its 200-day moving average price is $13.96.

Bank of the James Financial Group (NASDAQ:BOTJ) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported $0.36 EPS 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 company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.76%. The ex-dividend date was Friday, March 7th. Bank of the James Financial Group’s payout ratio is currently 22.86%.

Bank of the James Financial Group 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.