D. E. Shaw & Co. Inc. Has $21.49 Million Position in B2Gold Corp. (NYSE:BTG)

D. E. Shaw & Co. Inc. boosted its holdings in shares of B2Gold Corp. (NYSE:BTG - Free Report) by 5.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 8,800,628 shares of the company's stock after acquiring an additional 446,601 shares during the period. D. E. Shaw & Co. Inc. owned 0.67% of B2Gold worth $21,490,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Deutsche Bank AG grew its holdings in B2Gold by 5.9% during the 4th quarter. Deutsche Bank AG now owns 7,538,857 shares of the company's stock worth $18,395,000 after acquiring an additional 417,070 shares during the period. Centiva Capital LP grew its holdings in B2Gold by 343.1% during the 4th quarter. Centiva Capital LP now owns 315,001 shares of the company's stock worth $769,000 after acquiring an additional 243,905 shares during the period. Cantor Fitzgerald L. P. bought a new position in shares of B2Gold during the fourth quarter worth $25,000. Bank of America Corp DE boosted its position in shares of B2Gold by 577.0% during the fourth quarter. Bank of America Corp DE now owns 4,519,757 shares of the company's stock worth $11,028,000 after purchasing an additional 3,852,095 shares in the last quarter. Finally, Regal Partners Ltd bought a new position in shares of B2Gold during the fourth quarter worth $119,000. Institutional investors and hedge funds own 61.40% of the company's stock.

B2Gold Stock Up 0.3%

Shares of NYSE:BTG traded up $0.01 during midday trading on Friday, reaching $2.95. 36,238,429 shares of the company were exchanged, compared to its average volume of 24,058,661. B2Gold Corp. has a fifty-two week low of $2.20 and a fifty-two week high of $3.51. The company has a quick ratio of 1.08, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. The stock has a fifty day simple moving average of $3.05 and a two-hundred day simple moving average of $2.79. The firm has a market cap of $3.89 billion, a PE ratio of -6.15, a P/E/G ratio of 0.33 and a beta of 0.43.

B2Gold (NYSE:BTG - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.09 EPS for the quarter, topping analysts' consensus estimates of $0.08 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 company's revenue for the quarter was up 15.3% on a year-over-year basis. As a group, sell-side analysts forecast that B2Gold Corp. will post 0.4 earnings per share for the current year.

B2Gold Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Wednesday, June 11th will be paid a $0.02 dividend. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $0.08 annualized dividend and a yield of 2.71%. B2Gold's payout ratio is currently -17.02%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on BTG shares. Scotiabank raised shares of B2Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. CIBC lifted their price target on shares of B2Gold from $3.30 to $3.60 and gave the stock a "neutral" rating in a research report on Thursday, March 20th. Cormark raised shares of B2Gold from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, April 22nd. Raymond James reissued an "outperform" rating and set a $4.50 price target on shares of B2Gold in a research report on Friday, April 4th. Finally, TD Securities cut shares of B2Gold from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, B2Gold has a consensus rating of "Moderate Buy" and an average price target of $4.21.

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.