Two Sigma Investments LP Has $36.56 Million Stock Holdings in B2Gold Corp. (NYSE:BTG)

Two Sigma Investments LP reduced its position in shares of B2Gold Corp. (NYSE:BTG - Free Report) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,984,828 shares of the company's stock after selling 235,275 shares during the quarter. Two Sigma Investments LP owned 1.14% of B2Gold worth $36,563,000 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. Alliancebernstein L.P. raised its position in B2Gold by 20.4% during the fourth quarter. Alliancebernstein L.P. now owns 163,503 shares of the company's stock worth $399,000 after acquiring an additional 27,720 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of B2Gold by 525.1% in the third quarter. JPMorgan Chase & Co. now owns 517,575 shares of the company's stock valued at $1,594,000 after purchasing an additional 434,775 shares during the last quarter. Barclays PLC increased its holdings in shares of B2Gold by 23.7% in the third quarter. Barclays PLC now owns 910,558 shares of the company's stock valued at $2,804,000 after purchasing an additional 174,477 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of B2Gold by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 53,010,477 shares of the company's stock valued at $129,823,000 after purchasing an additional 1,165,204 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of B2Gold in the fourth quarter valued at $40,192,000. 61.40% of the stock is owned by institutional investors.

B2Gold Stock Performance

Shares of BTG stock traded up $0.06 on Friday, hitting $3.36. The company's stock had a trading volume of 42,293,325 shares, compared to its average volume of 24,811,762. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83. The stock's 50 day moving average is $3.07 and its 200-day moving average is $2.79. B2Gold Corp. has a fifty-two week low of $2.20 and a fifty-two week high of $3.51. The company has a market capitalization of $4.44 billion, a PE ratio of -7.00, a PEG ratio of 0.33 and a beta of 0.43.

B2Gold (NYSE:BTG - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.09 EPS for the quarter, beating 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 prior year, the firm earned $0.06 EPS. B2Gold's quarterly revenue was up 15.3% on a year-over-year basis. Equities research analysts expect that B2Gold Corp. will post 0.4 earnings per share for the current fiscal year.

B2Gold Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 24th. Investors of record on Wednesday, June 11th will be paid a $0.02 dividend. The ex-dividend date is Wednesday, June 11th. This represents a $0.08 annualized dividend and a dividend yield of 2.38%. B2Gold's dividend payout ratio (DPR) is presently -17.02%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on BTG shares. Raymond James reiterated an "outperform" rating and issued a $4.50 price objective on shares of B2Gold in a report on Friday, April 4th. National Bankshares reiterated an "outperform" rating on shares of B2Gold in a report on Wednesday, April 2nd. CIBC upped their price objective on shares of B2Gold from $3.30 to $3.60 and gave the company a "neutral" rating in a report on Thursday, March 20th. TD Securities downgraded shares of B2Gold from a "buy" rating to a "hold" rating in a report on Tuesday, February 4th. Finally, Scotiabank upgraded shares of B2Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average 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.