Fiera Capital Corp lifted its holdings in shares of B2Gold Corp (NYSE:BTG) (TSE:BTO) by 179.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,269,842 shares of the basic materials company’s stock after acquiring an additional 7,882,420 shares during the quarter. Fiera Capital Corp owned approximately 1.26% of B2Gold Corp worth $34,474,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in BTG. Van ECK Associates Corp raised its holdings in shares of B2Gold Corp by 32.0% during 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 acquiring an additional 42,355,073 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of B2Gold Corp by 314.9% during the first quarter. Goldman Sachs Group Inc. now owns 3,205,047 shares of the basic materials company’s stock valued at $9,070,000 after acquiring an additional 2,432,640 shares in the last quarter. Hexavest Inc. bought a new position in shares of B2Gold Corp during the second quarter valued at approximately $6,456,000. Mackenzie Financial Corp raised its holdings in shares of B2Gold Corp by 367.5% during the first quarter. Mackenzie Financial Corp now owns 2,220,500 shares of the basic materials company’s stock valued at $6,284,000 after acquiring an additional 1,745,500 shares in the last quarter. Finally, Gabelli Funds LLC raised its holdings in shares of B2Gold Corp by 108.2% during the first quarter. Gabelli Funds LLC now owns 3,164,900 shares of the basic materials company’s stock valued at $8,957,000 after acquiring an additional 1,644,900 shares in the last quarter.

Shares of B2Gold Corp (NYSE:BTG) opened at 2.64 on Thursday. The company’s 50-day moving average price is $2.59 and its 200 day moving average price is $2.69. The company has a market cap of $2.58 billion and a P/E ratio of 44.75. B2Gold Corp has a 52 week low of $2.02 and a 52 week high of $3.55.

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

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B2Gold Corp Profile

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

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