Empowered Funds LLC Acquires 938 Shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)

Empowered Funds LLC increased its holdings in shares of Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) by 5.0% in the third quarter, Holdings Channel.com reports. The fund owned 19,642 shares of the financial services provider’s stock after buying an additional 938 shares during the quarter. Empowered Funds LLC’s holdings in Bank of the James Financial Group were worth $270,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Bank of the James Financial Group by 33.1% in the 1st quarter. Vanguard Group Inc. now owns 192,585 shares of the financial services provider’s stock valued at $1,995,000 after acquiring an additional 47,895 shares during the last quarter. Inspire Investing LLC purchased a new stake in shares of Bank of the James Financial Group during the third quarter valued at $1,018,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Bank of the James Financial Group by 46.8% in the second quarter. Dimensional Fund Advisors LP now owns 26,852 shares of the financial services provider’s stock worth $302,000 after purchasing an additional 8,556 shares during the last quarter. 18.50% of the stock is owned by institutional investors.

Bank of the James Financial Group Price Performance

BOTJ stock opened at $14.75 on Tuesday. The company has a market capitalization of $67.48 million, a PE ratio of 8.02 and a beta of 0.76. Bank of the James Financial Group, Inc. has a 12 month low of $9.65 and a 12 month high of $15.75. The firm’s 50-day moving average is $13.64 and its 200 day moving average is $12.62.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its quarterly earnings results on Friday, October 25th. The financial services provider reported $0.44 earnings per share for the quarter. The firm had revenue of $11.33 million during the quarter. Bank of the James Financial Group had a net margin of 14.46% and a return on equity of 13.36%.

Bank of the James Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.71%. The ex-dividend date is Friday, November 22nd. Bank of the James Financial Group’s dividend payout ratio is 21.74%.

Bank of the James Financial Group Company 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.