11,000 Shares in B2Gold Corp. $BTG Bought by Comprehensive Money Management Services LLC

Comprehensive Money Management Services LLC bought a new position in B2Gold Corp. (NYSE:BTG) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,000 shares of the company’s stock, valued at approximately $40,000.

Several other institutional investors have also recently bought and sold shares of BTG. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of B2Gold in the first quarter valued at about $278,000. Euro Pacific Asset Management LLC grew its holdings in B2Gold by 19.3% in the 2nd quarter. Euro Pacific Asset Management LLC now owns 6,953,735 shares of the company’s stock valued at $25,105,000 after buying an additional 1,124,681 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in B2Gold by 58.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 188,530 shares of the company’s stock valued at $536,000 after buying an additional 69,177 shares during the last quarter. Amundi grew its holdings in B2Gold by 33.3% in the 1st quarter. Amundi now owns 10,849,897 shares of the company’s stock valued at $31,682,000 after buying an additional 2,710,857 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in B2Gold in the 1st quarter valued at approximately $2,342,000. Institutional investors own 61.40% of the company’s stock.

B2Gold Stock Up 0.2%

BTG opened at $5.08 on Friday. 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 firm’s fifty day moving average price is $4.34 and its two-hundred day moving average price is $3.67. B2Gold Corp. has a fifty-two week low of $2.20 and a fifty-two week high of $5.40. The company has a market capitalization of $6.72 billion, a P/E ratio of -10.58, a P/E/G ratio of 0.33 and a beta of 0.45.

B2Gold (NYSE:BTG) last issued its earnings results on Thursday, August 7th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.01). B2Gold had a negative net margin of 33.12% and a positive return on equity of 5.65%. During the same quarter last year, the business earned $0.06 EPS. The business’s revenue was up 40.5% on a year-over-year basis. On average, analysts anticipate that B2Gold Corp. will post 0.4 EPS for the current year.

B2Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 10th were issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, September 10th. B2Gold’s payout ratio is presently -22.86%.

Wall Street Analysts Forecast Growth

BTG has been the topic of several research analyst reports. National Bankshares restated an “outperform” rating on shares of B2Gold in a research note on Wednesday, July 16th. Zacks Research lowered shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Raymond James Financial lifted their target price on B2Gold from $4.75 to $6.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, CIBC lifted their target price on B2Gold from $4.50 to $6.50 and gave the stock a “neutral” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $6.25.

About B2Gold

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.