American Century Companies Inc. Has $75.44 Million Stock Holdings in B2Gold Corp. $BTG

Key Points

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American Century Companies Inc. grew its holdings in shares of B2Gold Corp. (NYSE:BTG - Free Report) by 17.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,524,336 shares of the company's stock after buying an additional 3,865,565 shares during the quarter. American Century Companies Inc. owned approximately 2.01% of B2Gold worth $75,435,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BTG. Alliancebernstein L.P. raised its holdings in shares of B2Gold by 20.4% in the 4th quarter. Alliancebernstein L.P. now owns 163,503 shares of the company's stock valued at $399,000 after purchasing an additional 27,720 shares during the period. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of B2Gold in the 1st quarter valued at about $278,000. Tidal Investments LLC bought a new stake in shares of B2Gold in the 4th quarter valued at about $183,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of 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 purchasing an additional 69,177 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of B2Gold by 9.2% in the 4th quarter. Geode Capital Management LLC now owns 2,267,095 shares of the company's stock valued at $5,532,000 after purchasing an additional 191,574 shares during the period. 61.40% of the stock is owned by institutional investors.

B2Gold Stock Performance

Shares of BTG traded up $0.08 during mid-day trading on Friday, hitting $3.98. 34,928,426 shares of the company's stock were exchanged, compared to its average volume of 41,805,742. B2Gold Corp. has a 52 week low of $2.20 and a 52 week high of $4.01. The stock's 50-day simple moving average is $3.61 and its 200-day simple moving average is $3.24. The firm has a market cap of $5.27 billion, a price-to-earnings ratio of -8.29, a price-to-earnings-growth ratio of 0.33 and a beta of 0.39. The company has a quick ratio of 1.08, a current ratio of 1.83 and a debt-to-equity ratio of 0.07.

B2Gold (NYSE:BTG - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). B2Gold had a positive return on equity of 5.65% and a negative net margin of 33.12%.During the same quarter in the prior year, the firm earned $0.06 EPS. The firm's revenue for the quarter was up 40.5% on a year-over-year basis. On average, equities research analysts expect that B2Gold Corp. will post 0.4 EPS for the current year.

B2Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $0.08 annualized dividend and a dividend yield of 2.0%. B2Gold's dividend payout ratio (DPR) is currently -22.86%.

Analyst Upgrades and Downgrades

BTG has been the topic of a number of research analyst reports. Wall Street Zen raised shares of B2Gold from a "hold" rating to a "buy" rating in a report on Thursday, May 8th. National Bankshares reissued an "outperform" rating on shares of B2Gold in a report on Wednesday, July 16th. Raymond James Financial raised shares of B2Gold to a "moderate buy" rating and set a $4.50 price target on the stock in a report on Monday, June 30th. CIBC reissued a "neutral" rating and issued a $4.00 price target (up from $3.60) on shares of B2Gold in a report on Tuesday, July 15th. Finally, Zacks Research cut shares of B2Gold from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, B2Gold has a consensus rating of "Hold" and an average price target of $4.31.

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.