Bank of New York Mellon Corp Buys 954 Shares of B2Gold Corp (BTG)

Bank of New York Mellon Corp increased its stake in B2Gold Corp (NYSE:BTG) (TSE:BTO) by 0.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 131,675 shares of the basic materials company’s stock after buying an additional 954 shares during the quarter. Bank of New York Mellon Corp’s holdings in B2Gold Corp were worth $370,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Global X Management Co. LLC grew its stake in shares of B2Gold Corp by 39.2% in the second quarter. Global X Management Co. LLC now owns 723,135 shares of the basic materials company’s stock valued at $2,032,000 after buying an additional 203,632 shares in the last quarter. World Asset Management Inc acquired a new stake in shares of B2Gold Corp in the second quarter valued at about $155,000. Great West Life Assurance Co. Can grew its stake in shares of B2Gold Corp by 10.2% in the second quarter. Great West Life Assurance Co. Can now owns 6,285,853 shares of the basic materials company’s stock valued at $17,615,000 after buying an additional 579,584 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of B2Gold Corp in the second quarter valued at about $120,000. Finally, Hexavest Inc. acquired a new stake in shares of B2Gold Corp in the second quarter valued at about $6,456,000.

A number of research firms have recently issued reports on BTG. BidaskClub lowered B2Gold Corp from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. Zacks Investment Research lowered B2Gold Corp from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. National Bank Financial upgraded B2Gold Corp from a “sector perform market weight” rating to an “outperform market weight” rating in a research note on Monday, September 25th. Finally, ValuEngine upgraded B2Gold Corp from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $4.38.

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B2Gold Corp Profile

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

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