Bunge Global SA (NYSE:BG) Shares Purchased by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC grew its holdings in Bunge Global SA (NYSE:BG) by 8.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,553 shares of the basic materials company’s stock after purchasing an additional 411 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Bunge Global were worth $432,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its holdings in Bunge Global by 40.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 433 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 124 shares during the last quarter. NorthCrest Asset Manangement LLC raised its holdings in Bunge Global by 0.6% in the third quarter. NorthCrest Asset Manangement LLC now owns 23,849 shares of the basic materials company’s stock valued at $2,305,000 after acquiring an additional 144 shares in the last quarter. V Square Quantitative Management LLC lifted its holdings in Bunge Global by 3.7% during the 3rd quarter. V Square Quantitative Management LLC now owns 4,367 shares of the basic materials company’s stock worth $422,000 after buying an additional 156 shares during the last quarter. Caprock Group LLC lifted its position in shares of Bunge Global by 2.2% during the 3rd quarter. Caprock Group LLC now owns 7,472 shares of the basic materials company’s stock worth $722,000 after buying an additional 164 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators lifted its position in Bunge Global by 31.0% in the third quarter. Deseret Mutual Benefit Administrators now owns 702 shares of the basic materials company’s stock valued at $68,000 after acquiring an additional 166 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Trading Down 1.9 %

NYSE BG opened at $77.16 on Friday. Bunge Global SA has a one year low of $75.75 and a one year high of $114.92. The company’s 50 day moving average price is $82.22 and its 200 day moving average price is $92.41. The firm has a market capitalization of $10.77 billion, a price-to-earnings ratio of 9.77 and a beta of 0.70. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.10 and a current ratio of 2.07.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on BG shares. Stephens upgraded shares of Bunge Global to a “strong-buy” rating in a research report on Monday, December 2nd. Barclays lowered Bunge Global from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $115.00 to $95.00 in a research note on Tuesday. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $116.33.

Bunge Global Profile

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.