Amundi lifted its stake in B2Gold Corp. (NYSE:BTG - Free Report) by 37.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,139,040 shares of the company's stock after buying an additional 2,215,319 shares during the period. Amundi owned approximately 0.62% of B2Gold worth $21,243,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in BTG. Flow Traders U.S. LLC acquired a new stake in shares of B2Gold in the 3rd quarter valued at about $35,000. HighTower Advisors LLC bought a new stake in shares of B2Gold during the 3rd quarter worth about $36,000. Carrera Capital Advisors acquired a new stake in shares of B2Gold in the 4th quarter worth approximately $39,000. Moors & Cabot Inc. boosted its holdings in shares of B2Gold by 35.0% in the third 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 in the last quarter. Finally, Tradition Wealth Management LLC bought a new stake in shares of B2Gold in the 3rd quarter worth $44,000. 61.40% of the stock is owned by institutional investors and hedge funds.
Shares of BTG stock traded up $0.06 during trading on Friday, reaching $2.96. The company had a trading volume of 63,604,839 shares, compared to its average volume of 17,250,708. B2Gold Corp. has a one year low of $2.20 and a one year high of $3.50. The company has a market capitalization of $3.90 billion, a PE ratio of -6.17, a PEG ratio of 0.33 and a beta of 1.09. 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 50 day simple moving average is $2.57 and its two-hundred day simple moving average is $2.81.
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 issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend is Friday, March 7th. B2Gold's dividend payout ratio (DPR) is -16.67%.
A number of equities analysts recently weighed in on BTG shares. Bank of America lowered B2Gold from a "buy" rating to an "underperform" rating in a research report on Tuesday, January 14th. TD Securities downgraded shares of B2Gold from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. CIBC lowered their price target on shares of 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 research report on Friday, February 21st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, B2Gold has a consensus rating of "Hold" and a consensus price target of $4.02.
Get Our Latest Stock Report on BTG
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.
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