RFG Bristol Wealth Advisors LLC Invests $178,000 in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)

RFG Bristol Wealth Advisors LLC acquired a new stake in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) during the fourth quarter, Holdings Channel reports. The fund acquired 11,594 shares of the financial services provider’s stock, valued at approximately $178,000.

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

Bank of the James Financial Group Trading Down 1.9 %

Shares of BOTJ opened at $14.50 on Thursday. Bank of the James Financial Group, Inc. has a 12-month low of $9.65 and a 12-month high of $17.05. The firm has a market capitalization of $66.34 million, a P/E ratio of 8.29 and a beta of 0.78. The firm has a 50-day moving average price of $13.53 and a 200 day moving average price of $13.96.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its quarterly earnings results on Friday, January 31st. The financial services provider reported $0.36 earnings per share (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 Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date was Friday, March 7th. Bank of the James Financial Group’s dividend payout ratio is presently 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.