2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. grew its position in shares of Bunge Global SA ( NYSE:BG – Free Report ) by 12.5% in the 4th quarter, Holdings Channel reports.
The firm owned 86,931 shares of the basic materials company’s stock after acquiring an additional 9,648 shares during the quarter. Russell Investments Group Ltd.’s holdings in Bunge Global were worth $6,754,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of BG. Spire Wealth Management bought a new stake in shares of Bunge Global during the 4th quarter valued at about $26,000. Wilmington Savings Fund Society FSB acquired a new position in Bunge Global in the third quarter valued at approximately $34,000.
Crews Bank & Trust bought a new position in shares of Bunge Global during the 4th quarter worth approximately $39,000. R Squared Ltd acquired a new stake in shares of Bunge Global during the 4th quarter worth approximately $45,000. Finally, Financial Perspectives Inc increased its stake in shares of Bunge Global by 585.
0% in the 4th quarter. Financial Perspectives Inc now owns 685 shares of the basic materials company’s stock valued at $53,000 after acquiring an additional 585 shares in the last quarter. 86.
23% of the stock is owned by institutional investors. Bunge Global Trading Up 4.3 % BG opened at $76.
36 on Monday. Bunge Global SA has a fifty-two week low of $67.40 and a fifty-two week high of $114.
92. The firm has a market capitalization of $10.23 billion, a PE ratio of 9.
45, a P/E/G ratio of 2.66 and a beta of 0.59.
The company has a debt-to-equity ratio of 0.43, a current ratio of 2.15 and a quick ratio of 1.
27. The company’s 50-day moving average is $73.11 and its 200 day moving average is $81.
07. Analyst Ratings Changes Several research analysts recently issued reports on the stock. Barclays cut their target price on shares of Bunge Global from $95.
00 to $85.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. Stephens reduced their target price on Bunge Global from $110.
00 to $105.00 in a research note on Monday, February 3rd. Morgan Stanley dropped their price target on Bunge Global from $90.
00 to $74.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 11th. Finally, Bank of America reduced their price objective on Bunge Global from $105.
00 to $87.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company.
According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $93.00.
View Our Latest Report on BG Bunge Global Profile ( Free Report ) Bunge Global SA operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains comprising wheat and corn; and processes oilseeds into vegetable oils and protein meals.
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