Deutsche Bank AG Increases Position in B2Gold Corp. (NYSE:BTG)

Deutsche Bank AG lifted its position in B2Gold Corp. (NYSE:BTG - Free Report) by 5.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,538,857 shares of the company's stock after acquiring an additional 417,070 shares during the quarter. Deutsche Bank AG owned approximately 0.57% of B2Gold worth $18,395,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cantor Fitzgerald L. P. bought a new stake in shares of B2Gold in the fourth quarter valued at approximately $25,000. Groupama Asset Managment bought a new stake in shares of B2Gold in the 4th quarter worth approximately $29,000. Schonfeld Strategic Advisors LLC bought a new position in shares of B2Gold during the 4th quarter valued at $30,000. Signaturefd LLC grew its holdings in B2Gold by 176.1% in the 4th quarter. Signaturefd LLC now owns 12,935 shares of the company's stock worth $32,000 after acquiring an additional 8,250 shares during the last quarter. Finally, Carrera Capital Advisors bought a new stake in shares of B2Gold in the fourth quarter worth about $39,000. Hedge funds and other institutional investors own 61.40% of the company's stock.

B2Gold Stock Performance

Shares of NYSE:BTG traded up $0.12 during midday trading on Tuesday, reaching $3.17. 20,612,816 shares of the company's stock traded hands, compared to its average volume of 24,110,362. B2Gold Corp. has a one year low of $2.20 and a one year high of $3.51. The stock has a 50 day moving average of $3.06 and a 200 day moving average of $2.79. The company has a market cap of $4.18 billion, a price-to-earnings ratio of -6.57, a P/E/G ratio of 0.33 and a beta of 0.43. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83.

B2Gold (NYSE:BTG - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period in the previous year, the company earned $0.06 EPS. The firm's quarterly revenue was up 15.3% on a year-over-year basis. As a group, equities research analysts anticipate that B2Gold Corp. will post 0.4 EPS for the current fiscal year.

B2Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 24th. Investors of record on Wednesday, June 11th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date of this dividend is Wednesday, June 11th. B2Gold's payout ratio is -17.02%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BTG. Scotiabank upgraded shares of B2Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. StockNews.com raised shares of B2Gold from a "hold" rating to a "buy" rating in a research report on Thursday, May 8th. Cormark raised shares of B2Gold from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, April 22nd. TD Securities downgraded shares of B2Gold from a "buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, Raymond James reiterated an "outperform" rating and set a $4.50 price objective on shares of B2Gold in a research note on Friday, April 4th. One analyst has rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, B2Gold presently has a consensus rating of "Moderate Buy" and an average price target of $4.21.

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.