Jump Financial LLC Takes Position in B2Gold Corp. (NYSE:BTG)

Jump Financial LLC purchased a new stake in shares of B2Gold Corp. (NYSE:BTG - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 219,340 shares of the company's stock, valued at approximately $535,000.

Several other large investors have also made changes to their positions in BTG. Groupama Asset Managment acquired a new stake in B2Gold in the fourth quarter valued at approximately $29,000. Signaturefd LLC boosted its holdings in B2Gold by 176.1% in the fourth quarter. Signaturefd LLC now owns 12,935 shares of the company's stock worth $32,000 after purchasing an additional 8,250 shares in the last quarter. HighTower Advisors LLC bought a new stake in B2Gold in the third quarter worth $36,000. Carrera Capital Advisors acquired a new position in B2Gold during the fourth quarter worth $39,000. Finally, Sanctuary Advisors LLC bought a new position in B2Gold during the third quarter valued at about $50,000. Institutional investors own 61.40% of the company's stock.

B2Gold Price Performance

NYSE BTG traded down $0.02 on Tuesday, reaching $3.08. The company's stock had a trading volume of 9,086,545 shares, compared to its average volume of 21,857,670. The firm has a market cap of $4.06 billion, a PE ratio of -6.41, a price-to-earnings-growth ratio of 0.33 and a beta of 0.93. The company has a current ratio of 1.83, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. B2Gold Corp. has a 52 week low of $2.20 and a 52 week high of $3.51. The business has a 50-day moving average price of $2.97 and a 200 day moving average price of $2.82.

B2Gold Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, March 7th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.08 annualized dividend and a dividend yield of 2.60%. B2Gold's dividend payout ratio (DPR) is presently -16.67%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BTG. National Bankshares reissued an "outperform" rating on shares of B2Gold in a report on Wednesday, April 2nd. Scotiabank raised shares of B2Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. TD Securities downgraded B2Gold from a "buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Raymond James reaffirmed an "outperform" rating and issued a $4.50 price target on shares of B2Gold in a research report on Friday, April 4th. Finally, CIBC increased their price objective on B2Gold from $3.30 to $3.60 and gave the company a "neutral" rating in a research report on Thursday, March 20th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus 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.