DJE Kapital AG Invests $2.04 Million in B2Gold Corp. (NYSE:BTG)

DJE Kapital AG purchased a new stake in B2Gold Corp. (NYSE:BTG - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 841,640 shares of the company's stock, valued at approximately $2,036,000. DJE Kapital AG owned approximately 0.06% of B2Gold at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp increased its stake in shares of B2Gold by 40.6% in the 3rd quarter. Van ECK Associates Corp now owns 166,079,133 shares of the company's stock valued at $566,312,000 after buying an additional 47,967,010 shares during the period. FMR LLC increased its position in B2Gold by 0.7% in the third quarter. FMR LLC now owns 59,489,129 shares of the company's stock worth $183,862,000 after purchasing an additional 438,399 shares during the period. Two Sigma Advisers LP raised its holdings in B2Gold by 66.9% during the 3rd quarter. Two Sigma Advisers LP now owns 17,875,880 shares of the company's stock worth $55,058,000 after purchasing an additional 7,165,600 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in B2Gold by 69.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,596,488 shares of the company's stock valued at $35,837,000 after purchasing an additional 4,754,500 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of B2Gold by 3.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 7,701,328 shares of the company's stock valued at $23,819,000 after purchasing an additional 251,045 shares during the last quarter. Institutional investors own 61.40% of the company's stock.

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B2Gold Stock Down 1.8 %

Shares of BTG stock traded down $0.05 during trading hours on Thursday, hitting $2.74. 34,692,706 shares of the company were exchanged, compared to its average volume of 32,116,910. The company has a market capitalization of $3.61 billion, a PE ratio of -5.71, a PEG ratio of 0.33 and a beta of 1.10. B2Gold Corp. has a 52 week low of $2.20 and a 52 week high of $3.50. The business has a 50 day moving average of $2.54 and a two-hundred day moving average of $2.82. The company has a current ratio of 1.83, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07.

B2Gold Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, March 7th will be paid a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 2.92%. The ex-dividend date is Friday, March 7th. B2Gold's dividend payout ratio is -16.67%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BTG. Cormark raised B2Gold from a "hold" rating to a "moderate buy" rating in a research note on Friday, February 21st. StockNews.com cut B2Gold from a "buy" rating to a "hold" rating in a report on Friday, November 8th. CIBC lowered their price target on B2Gold from $3.70 to $3.30 and set a "neutral" rating for the company in a research note on Wednesday, January 15th. TD Securities cut shares of B2Gold from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Finally, Bank of America cut shares of B2Gold from a "buy" rating to an "underperform" rating in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $4.02.

B2Gold Profile

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.