WINTON GROUP Ltd Invests $183,000 in B2Gold Corp. (NYSE:BTG)

WINTON GROUP Ltd bought a new position in shares of B2Gold Corp. (NYSE:BTG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 75,047 shares of the company’s stock, valued at approximately $183,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Signaturefd LLC lifted its stake in shares of B2Gold by 176.1% during the 4th quarter. Signaturefd LLC now owns 12,935 shares of the company’s stock worth $32,000 after purchasing an additional 8,250 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of B2Gold during the third quarter valued at about $35,000. HighTower Advisors LLC bought a new stake in shares of B2Gold in the 3rd quarter valued at about $36,000. Carrera Capital Advisors purchased a new position in shares of B2Gold in the 4th quarter worth approximately $39,000. Finally, Tradition Wealth Management LLC bought a new position in shares of B2Gold during the 3rd quarter worth approximately $44,000. Institutional investors own 61.40% of the company’s stock.

B2Gold Price Performance

NYSE BTG opened at $2.85 on Tuesday. The stock’s fifty day moving average price is $2.72 and its 200 day moving average price is $2.84. B2Gold Corp. has a 1 year low of $2.20 and a 1 year high of $3.50. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. The company has a market cap of $3.76 billion, a price-to-earnings ratio of -5.94, a PEG ratio of 0.33 and a beta of 1.09.

B2Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, March 7th were issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date was Friday, March 7th. B2Gold’s dividend payout ratio (DPR) is -16.67%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Bank of America lowered shares of B2Gold from a “buy” rating to an “underperform” rating in a report on Tuesday, January 14th. Cormark upgraded B2Gold from a “hold” rating to a “moderate buy” rating in a research note on Friday, February 21st. TD Securities cut B2Gold from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Finally, CIBC boosted their price target on B2Gold from $3.30 to $3.60 and gave the stock a “neutral” rating in a research note on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $4.12.

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.