DGS Capital Management LLC Invests $51,000 in B2Gold Corp. (NYSEAMERICAN:BTG)

DGS Capital Management LLC purchased a new position in shares of B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 16,139 shares of the basic materials company’s stock, valued at approximately $51,000.

A number of other institutional investors also recently modified their holdings of the business. Vontobel Holding Ltd. raised its holdings in shares of B2Gold by 30.0% during the 4th quarter. Vontobel Holding Ltd. now owns 68,355 shares of the basic materials company’s stock worth $216,000 after buying an additional 15,759 shares in the last quarter. Equinox Partners Investment Management LLC raised its holdings in shares of B2Gold by 1.9% during the 4th quarter. Equinox Partners Investment Management LLC now owns 5,914,125 shares of the basic materials company’s stock worth $18,712,000 after buying an additional 113,000 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of B2Gold by 216.0% during the 4th quarter. International Assets Investment Management LLC now owns 37,200 shares of the basic materials company’s stock worth $118,000 after buying an additional 25,428 shares in the last quarter. KG&L Capital Management LLC raised its holdings in shares of B2Gold by 51.9% during the 4th quarter. KG&L Capital Management LLC now owns 149,200 shares of the basic materials company’s stock worth $471,000 after buying an additional 51,000 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of B2Gold by 42.9% during the 4th quarter. SG Americas Securities LLC now owns 141,537 shares of the basic materials company’s stock worth $447,000 after buying an additional 42,522 shares in the last quarter. Institutional investors and hedge funds own 61.40% of the company’s stock.

B2Gold Trading Up 0.6 %

NYSEAMERICAN BTG opened at $2.66 on Thursday. The company has a 50-day moving average of $2.90. B2Gold Corp. has a 12 month low of $2.34 and a 12 month high of $4.29. The company has a market cap of $3.46 billion, a price-to-earnings ratio of 132.82, a PEG ratio of 1.83 and a beta of 1.09. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.27 and a quick ratio of 1.16.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last released its quarterly earnings results on Thursday, February 22nd. The basic materials company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). B2Gold had a net margin of 0.31% and a return on equity of 9.09%. The company had revenue of $511.97 million during the quarter, compared to the consensus estimate of $512.00 million. During the same quarter last year, the firm posted $0.15 EPS. The company’s quarterly revenue was down 13.6% on a year-over-year basis. As a group, analysts forecast that B2Gold Corp. will post 0.22 earnings per share for the current fiscal year.

B2Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Thursday, March 7th were given a dividend of $0.04 per share. The ex-dividend date was Wednesday, March 6th. This represents a $0.16 annualized dividend and a dividend yield of 6.03%. B2Gold’s payout ratio is 400.20%.

Wall Street Analysts Forecast Growth

BTG has been the topic of a number of research reports. Royal Bank of Canada reduced their price objective on B2Gold from $4.00 to $3.50 and set a “sector perform” rating on the stock in a research report on Thursday, March 28th. CIBC lowered B2Gold from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $4.20 to $3.60 in a research report on Thursday, January 25th. Finally, Jefferies Financial Group initiated coverage on B2Gold in a research report on Thursday, February 29th. They set a “buy” rating and a $3.50 price objective on the stock. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $5.10.

B2Gold 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.