Captrust Financial Advisors purchased a new position in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 82,950 shares of the financial services provider’s stock, valued at approximately $1,263,000. Captrust Financial Advisors owned about 1.89% of Bank of the James Financial Group at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN grew its holdings in shares of Bank of the James Financial Group by 80.7% in the third quarter. Wells Fargo & Company MN now owns 11,445 shares of the financial services provider’s stock worth $166,000 after purchasing an additional 5,110 shares during the last quarter. Kennedy Capital Management Inc. bought a new position in shares of Bank of the James Financial Group in the fourth quarter worth about $185,000. Finally, Basswood Capital Management L.L.C. grew its holdings in shares of Bank of the James Financial Group by 4.0% in the fourth quarter. Basswood Capital Management L.L.C. now owns 400,103 shares of the financial services provider’s stock worth $5,974,000 after purchasing an additional 15,563 shares during the last quarter. Hedge funds and other institutional investors own 33.96% of the company’s stock.
Bank of the James Financial Group, Inc. (NASDAQ BOTJ) opened at $14.94 on Wednesday. The company has a market cap of $65.41, a PE ratio of 17.37 and a beta of 0.49. Bank of the James Financial Group, Inc. has a 1-year low of $13.87 and a 1-year high of $16.25.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Stockholders of record on Friday, March 9th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date is Thursday, March 8th. Bank of the James Financial Group’s payout ratio is presently 36.36%.
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Bank of the James Financial Group Company Profile
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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