Centiva Capital LP Has $769,000 Holdings in B2Gold Corp. (NYSE:BTG)

Centiva Capital LP raised its stake in B2Gold Corp. (NYSE:BTG - Free Report) by 343.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 315,001 shares of the company's stock after purchasing an additional 243,905 shares during the period. Centiva Capital LP's holdings in B2Gold were worth $769,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of BTG. Cantor Fitzgerald L. P. bought a new stake in B2Gold in the fourth quarter valued at about $25,000. Groupama Asset Managment bought a new stake in B2Gold in the fourth quarter valued at about $29,000. Schonfeld Strategic Advisors LLC bought a new stake in B2Gold in the fourth quarter valued at about $30,000. Signaturefd LLC increased its holdings in B2Gold by 176.1% in the fourth quarter. Signaturefd LLC now owns 12,935 shares of the company's stock valued at $32,000 after buying an additional 8,250 shares during the last quarter. Finally, Carrera Capital Advisors bought a new stake in B2Gold in the fourth quarter valued at about $39,000. Institutional investors own 61.40% of the company's stock.

Analyst Ratings Changes

BTG has been the subject of several recent research reports. Raymond James reaffirmed an "outperform" rating and set a $4.50 target price on shares of B2Gold in a report on Friday, April 4th. National Bankshares reaffirmed an "outperform" rating on shares of B2Gold in a report on Wednesday, April 2nd. CIBC upped their target price on B2Gold from $3.30 to $3.60 and gave the company a "neutral" rating in a report on Thursday, March 20th. StockNews.com raised B2Gold from a "hold" rating to a "buy" rating in a report on Thursday, May 8th. Finally, Scotiabank upgraded shares of B2Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, B2Gold presently has a consensus rating of "Moderate Buy" and a consensus price target of $4.21.

B2Gold Stock Performance

Shares of NYSE BTG traded down $0.05 during midday trading on Wednesday, hitting $2.90. 29,511,004 shares of the company's stock were exchanged, compared to its average volume of 41,558,145. 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's 50 day moving average price is $3.04 and its 200-day moving average price is $2.80. The firm has a market cap of $3.83 billion, a P/E ratio of -6.04, a PEG ratio of 0.33 and a beta of 0.43. B2Gold Corp. has a twelve month low of $2.20 and a twelve month high of $3.51.

B2Gold (NYSE:BTG - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.01. B2Gold had a positive return on equity of 5.65% and a negative net margin of 33.12%. B2Gold's revenue was up 15.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.06 earnings per share. Equities research analysts anticipate that B2Gold Corp. will post 0.4 EPS for the current year.

B2Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 24th. Stockholders of record on Wednesday, June 11th will be given a dividend of $0.02 per share. The ex-dividend date is Wednesday, June 11th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.76%. B2Gold's dividend payout ratio (DPR) is presently -17.02%.

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.