Bank of the James Financial Group (NASDAQ:BOTJ) Upgraded at Wall Street Zen

Bank of the James Financial Group (NASDAQ:BOTJ) was upgraded by analysts at Wall Street Zen to a “buy” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Bank of the James Financial Group in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Bank of the James Financial Group Price Performance

NASDAQ:BOTJ opened at $22.95 on Friday. Bank of the James Financial Group has a 1 year low of $13.00 and a 1 year high of $29.79. The stock’s 50 day simple moving average is $22.51 and its two-hundred day simple moving average is $20.24. The company has a market cap of $104.19 million, a price-to-earnings ratio of 9.48 and a beta of 0.18.

Bank of the James Financial Group (NASDAQ:BOTJ) last released its earnings results on Thursday, April 30th. The financial services provider reported $0.61 earnings per share for the quarter. The firm had revenue of $12.70 million for the quarter. Bank of the James Financial Group had a return on equity of 14.13% and a net margin of 17.17%.

Hedge Funds Weigh In On Bank of the James Financial Group

Several large investors have recently modified their holdings of BOTJ. Daytona Street Capital LLC bought a new position in shares of Bank of the James Financial Group during the 4th quarter valued at approximately $2,933,000. Krilogy Financial LLC purchased a new position in Bank of the James Financial Group during the 3rd quarter valued at $568,000. Fourthstone LLC boosted its holdings in Bank of the James Financial Group by 10.3% during the 4th quarter. Fourthstone LLC now owns 321,908 shares of the financial services provider’s stock valued at $5,981,000 after acquiring an additional 30,126 shares during the period. LPL Financial LLC purchased a new position in Bank of the James Financial Group during the 4th quarter valued at $266,000. Finally, Atlantic Union Bankshares Corp purchased a new position in Bank of the James Financial Group during the 3rd quarter valued at $94,000. Institutional investors own 18.50% of the company’s stock.

About Bank of the James Financial Group

Bank of the James Financial Group, Inc is the bank holding company for The Bank of the James, a Virginia-chartered commercial bank headquartered in Lynchburg, Virginia. Established in the early 20th century, the organization has developed a reputation for community banking with a focus on personalized service. As a NASDAQ-listed entity under the ticker BOTJ, the holding company oversees a network of full-service branches throughout Central and Southwestern Virginia.

The Bank of the James offers a comprehensive suite of consumer and commercial banking solutions.