B2Gold Corp. (NYSEAMERICAN:BTG) Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC decreased its position in B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO) by 43.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,908 shares of the basic materials company’s stock after selling 10,706 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in B2Gold were worth $44,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. C M Bidwell & Associates Ltd. purchased a new stake in shares of B2Gold in the third quarter worth approximately $35,000. Beach Investment Counsel Inc. PA acquired a new stake in shares of B2Gold during the 4th quarter valued at $39,000. Kellett Wealth Advisors LLC purchased a new position in shares of B2Gold during the 4th quarter valued at $40,000. Seven Mile Advisory purchased a new position in shares of B2Gold during the 3rd quarter valued at $48,000. Finally, DGS Capital Management LLC acquired a new position in shares of B2Gold in the fourth quarter worth $51,000. Institutional investors own 61.40% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on BTG shares. Jefferies Financial Group initiated coverage on shares of B2Gold in a research note on Thursday, February 29th. They issued a “buy” rating and a $3.50 target price for the company. CIBC cut shares of B2Gold from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $4.20 to $3.60 in a report on Thursday, January 25th. Finally, Royal Bank of Canada reduced their price target on B2Gold from $4.00 to $3.50 and set a “sector perform” rating for the company in a research report on Thursday, March 28th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $5.10.

B2Gold Stock Up 3.1 %

NYSEAMERICAN:BTG opened at $2.62 on Thursday. B2Gold Corp. has a 12-month low of $2.34 and a 12-month high of $4.29. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 131.07, a PEG ratio of 1.50 and a beta of 1.10. The business has a 50-day simple moving average of $2.85. 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 data on Tuesday, May 7th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. The firm had revenue of $461.40 million during the quarter, compared to analyst estimates of $453.81 million. B2Gold had a return on equity of 9.09% and a net margin of 0.31%. The business’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.08 earnings per share. On average, research analysts expect that B2Gold Corp. will post 0.25 EPS for the current year.

B2Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Thursday, March 7th were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 6.11%. The ex-dividend date was Wednesday, March 6th. B2Gold’s dividend payout ratio is currently 400.20%.

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.