B2Gold Corp $BTG Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC lifted its stake in shares of B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) by 16.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 981,903 shares of the basic materials company’s stock after buying an additional 136,221 shares during the quarter. Janus Henderson Group PLC owned 0.07% of B2Gold worth $4,440,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. StoneX Group Inc. grew its position in B2Gold by 2.1% in the fourth quarter. StoneX Group Inc. now owns 118,518 shares of the basic materials company’s stock valued at $535,000 after acquiring an additional 2,490 shares in the last quarter. Themes Management Co LLC lifted its position in shares of B2Gold by 1.2% during the first quarter. Themes Management Co LLC now owns 230,260 shares of the basic materials company’s stock worth $1,046,000 after purchasing an additional 2,641 shares in the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of B2Gold by 17.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 26,079 shares of the basic materials company’s stock worth $118,000 after purchasing an additional 3,888 shares in the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of B2Gold by 17.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 28,432 shares of the basic materials company’s stock valued at $128,000 after purchasing an additional 4,236 shares during the period. Finally, Advyzon Investment Management LLC boosted its stake in shares of B2Gold by 12.6% in the fourth quarter. Advyzon Investment Management LLC now owns 52,209 shares of the basic materials company’s stock valued at $235,000 after purchasing an additional 5,842 shares during the period. Hedge funds and other institutional investors own 61.40% of the company’s stock.

B2Gold Price Performance

Shares of BTG stock opened at $4.09 on Friday. The firm has a fifty day moving average of $4.03 and a two-hundred day moving average of $4.65. The firm has a market cap of $5.40 billion, a P/E ratio of 11.36, a P/E/G ratio of 0.33 and a beta of 0.66. B2Gold Corp has a 1-year low of $3.46 and a 1-year high of $6.28. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.19 and a quick ratio of 0.59.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last issued its earnings results on Thursday, August 6th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). The company had revenue of $789.35 million during the quarter, compared to analyst estimates of $836.33 million. B2Gold had a net margin of 14.91% and a return on equity of 21.36%. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.12 EPS. As a group, research analysts anticipate that B2Gold Corp will post 0.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BTG has been the topic of several analyst reports. Royal Bank Of Canada dropped their price target on shares of B2Gold from $5.75 to $5.00 and set a “sector perform” rating on the stock in a research note on Thursday, July 9th. Jefferies Financial Group lowered their target price on B2Gold from $7.00 to $6.00 and set a “buy” rating for the company in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $5.50.

B2Gold Company Profile

B2Gold Corp. is a Canadian-based intermediate gold producer with a diversified portfolio of operating mines and advanced-stage development projects. Founded in 2007 through the merger of Bema Gold and CGA Mining, the company has grown to become one of the world’s largest new gold producers. Headquartered in Vancouver, British Columbia, B2Gold focuses on efficient, low-cost operations across several continents, combining exploration, development and production within a single strategic framework.

The company’s flagship assets include the Fekola mine in Mali, which commenced production in 2017, the Otjikoto mine in Namibia, and the Masbate mine in the Philippines.