Public Sector Pension investment Board trimmed its holdings in B2Gold Corp (NYSE:BTG) (TSE:BTO) by 10.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,392,264 shares of the basic materials company’s stock after selling 606,100 shares during the period. Public Sector Pension investment Board owned 0.55% of B2Gold Corp worth $15,155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Van ECK Associates Corp raised its position in shares of B2Gold Corp by 32.0% in the first quarter. Van ECK Associates Corp now owns 174,786,128 shares of the basic materials company’s stock valued at $494,778,000 after buying an additional 42,355,073 shares in the last quarter. Vanguard Group Inc. raised its position in shares of B2Gold Corp by 5.7% in the first quarter. Vanguard Group Inc. now owns 18,536,977 shares of the basic materials company’s stock valued at $52,459,000 after buying an additional 995,190 shares in the last quarter. Fiera Capital Corp raised its position in shares of B2Gold Corp by 179.7% in the second quarter. Fiera Capital Corp now owns 12,269,842 shares of the basic materials company’s stock valued at $34,474,000 after buying an additional 7,882,420 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of B2Gold Corp by 13.5% in the first quarter. Renaissance Technologies LLC now owns 11,332,097 shares of the basic materials company’s stock valued at $32,076,000 after buying an additional 1,350,100 shares in the last quarter. Finally, Investec Asset Management LTD raised its position in shares of B2Gold Corp by 95.9% in the second quarter. Investec Asset Management LTD now owns 8,008,431 shares of the basic materials company’s stock valued at $22,508,000 after buying an additional 3,920,306 shares in the last quarter.

BTG has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of B2Gold Corp from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th. ValuEngine downgraded shares of B2Gold Corp from a “hold” rating to a “sell” rating in a research report on Friday, July 7th. BidaskClub downgraded shares of B2Gold Corp from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, National Bank Financial reiterated a “sector perform market weight” rating on shares of B2Gold Corp in a research report on Monday, July 31st. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. B2Gold Corp presently has an average rating of “Buy” and an average target price of $4.50.

B2Gold Corp (NYSE BTG) traded up 0.7093% during trading on Thursday, reaching $2.5983. 669,356 shares of the company traded hands. The firm’s 50 day moving average price is $2.60 and its 200 day moving average price is $2.68. B2Gold Corp has a 12-month low of $2.02 and a 12-month high of $3.55. The firm has a market capitalization of $2.54 billion and a price-to-earnings ratio of 44.0390.

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B2Gold Corp Company Profile

Institutional Ownership by Quarter for B2Gold Corp (NYSE:BTG)

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