Ruffer LLP Has $10.28 Million Stock Holdings in B2Gold Corp. (NYSE:BTG)

Ruffer LLP increased its stake in B2Gold Corp. (NYSE:BTG - Free Report) by 15.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,213,062 shares of the company's stock after acquiring an additional 565,386 shares during the period. Ruffer LLP owned approximately 0.32% of B2Gold worth $10,280,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in BTG. Private Advisor Group LLC acquired a new position in B2Gold in the 3rd quarter worth $33,000. Flow Traders U.S. LLC bought a new position in B2Gold during the 3rd quarter valued at $35,000. HighTower Advisors LLC bought a new position in B2Gold during the 3rd quarter worth approximately $36,000. Moors & Cabot Inc. increased its holdings in shares of B2Gold by 35.0% in the 3rd quarter. Moors & Cabot Inc. now owns 13,500 shares of the company's stock valued at $42,000 after acquiring an additional 3,500 shares during the last quarter. Finally, Tradition Wealth Management LLC bought a new position in shares of B2Gold during the third quarter valued at approximately $44,000. Hedge funds and other institutional investors own 61.40% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BTG shares. TD Securities downgraded shares of B2Gold from a "buy" rating to a "hold" rating in a report on Tuesday, February 4th. Bank of America lowered shares of B2Gold from a "buy" rating to an "underperform" rating in a research note on Tuesday, January 14th. CIBC cut their target price on B2Gold from $3.70 to $3.30 and set a "neutral" rating on the stock in a report on Wednesday, January 15th. Finally, Cormark raised B2Gold from a "hold" rating to a "moderate buy" rating in a report on Friday, February 21st. One 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. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $4.02.

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B2Gold Trading Up 5.1 %

Shares of B2Gold stock traded up $0.14 on Thursday, hitting $2.90. 44,535,597 shares of the company's stock traded hands, compared to its average volume of 17,036,033. B2Gold Corp. has a one year low of $2.20 and a one year high of $3.50. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. The stock has a market capitalization of $3.82 billion, a PE ratio of -6.04, a price-to-earnings-growth ratio of 0.33 and a beta of 1.09. The firm's 50-day moving average price is $2.57 and its two-hundred day moving average price is $2.81.

B2Gold Cuts Dividend

The company also recently announced 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 yield of 2.76%. The ex-dividend date of this dividend is Friday, March 7th. B2Gold's payout ratio is presently -16.67%.

B2Gold Company 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.