Barclays PLC bought shares of B2Gold Corp.

Barclays PLC bought shares of B2Gold Corp. (NYSEAMERICAN:BTG)

Barclays PLC bought shares of B2Gold Corp. (NYSEAMERICAN:BTG) :- According to the most recent report that Barclays PLC submitted to the Securities and Exchange Commission (SEC), the business increased the percentage of shares of B2Gold Corp. (NYSEAMERICAN:BTG – Get Rating) (TSE:BTO) that it had in its portfolio by 13.2% during the third quarter. After making further purchases of 27,327 shares throughout the period, the fund ended the time period with a total of 234,611 shares of stock in the basic materials firm. At the close of the most recent reporting period, the value of Barclays PLC’s interests in B2Gold was calculated to be $755,000.

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During the most recent time period, a number of other institutional investors and hedge funds have also purchased and sold shares of BTG. During the third quarter, Hussman Strategic Advisors Inc. boosted its holdings in B2Gold by 166.7%. After purchasing an extra 250,000 shares over the time, Hussman Strategic Advisors Inc. now has a total of 400,000 shares of the basic materials company’s stock, which is equivalent to a value of $1,288,000. During the third quarter, the Great West Life Assurance Company of Canada invested about $1,039,000 in purchasing additional shares of B2Gold.

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During the third quarter, Hollencrest Capital Management increased the percentage of B2Gold that it held in its portfolio by 6.8%. Following the acquisition of an additional 11,100 shares during the most recent quarter, Hollencrest Capital Management now holds a total of 174,770 shares of the stock of the basic materials company, which have a value of $562,000. During the third quarter, Versor Investments LP increased the percentage of B2Gold in which it is invested by 304.5%. Following the acquisition of an additional 143,400 shares during the period, Versor Investments LP currently holds a total of 190,500 shares of the stock of the basic materials firm, which have a value of $612,000. During the third quarter, Mondrian Investment Partners LTD purchased a new investment in B2Gold that was valued at around $25,000 in total. The company’s stock is owned by institutional investors and hedge funds to the extent of 52.20%.

Analyst Upgrades and Downgrades

Recent studies on the firm have been compiled by a number of different equity analysts. In a research report published on November 23rd, Stifel Nicolaus said that the price target they had set for B2Gold had been lowered from C$7.25 to C$7.00. In a research note published on Friday, January 13th, National Bank Financial raised their price objective on B2Gold from C$6.75 to C$7.25 (up from C$6.75 before). In a research note published on Monday, October 24th, Scotiabank said that they have decreased their price target on shares of B2Gold from C$8.25 to C$7.50. In a research note dated Monday, January 30th, CIBC dropped their rating on shares of B2Gold from “outperform” to “neutral” and cut their target price for the business from $5.00 to $4.75. In a research report that was published on November 1st, M Partners reaffirmed their “buy” recommendation on shares of B2Gold.

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