Bunge Global SA (NYSE:BG) Shares Purchased by Stephens Inc. AR

Stephens Inc. AR raised its stake in shares of Bunge Global SA (NYSE:BGFree Report) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 107,558 shares of the basic materials company’s stock after buying an additional 1,110 shares during the period. Stephens Inc. AR’s holdings in Bunge Global were worth $10,858,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BG. Loomis Sayles & Co. L P increased its stake in Bunge Global by 169.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 232 shares of the basic materials company’s stock valued at $25,000 after buying an additional 146 shares during the period. NewSquare Capital LLC acquired a new position in shares of Bunge Global in the 4th quarter worth approximately $37,000. Rise Advisors LLC grew its stake in shares of Bunge Global by 40.6% in the 4th quarter. Rise Advisors LLC now owns 405 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 117 shares during the last quarter. Ramirez Asset Management Inc. acquired a new position in shares of Bunge Global in the 3rd quarter worth approximately $54,000. Finally, GAMMA Investing LLC acquired a new position in shares of Bunge Global in the 4th quarter worth approximately $62,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Stock Performance

Bunge Global stock opened at $104.16 on Friday. The firm’s 50 day simple moving average is $104.74 and its 200-day simple moving average is $99.95. The company has a market cap of $14.75 billion, a P/E ratio of 8.39 and a beta of 0.67. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.99 and a quick ratio of 1.10. Bunge Global SA has a fifty-two week low of $86.10 and a fifty-two week high of $116.59.

Bunge Global (NYSE:BGGet Free Report) last released its earnings results on Wednesday, April 24th. The basic materials company reported $3.04 earnings per share for the quarter, topping the consensus estimate of $2.55 by $0.49. The business had revenue of $13.42 billion for the quarter, compared to the consensus estimate of $13.96 billion. Bunge Global had a net margin of 3.22% and a return on equity of 17.49%. The firm’s quarterly revenue was down 12.5% compared to the same quarter last year. During the same period last year, the firm posted $3.26 earnings per share. As a group, equities research analysts predict that Bunge Global SA will post 9.28 EPS for the current year.

Bunge Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th will be issued a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Tuesday, February 18th. Bunge Global’s dividend payout ratio is currently 21.90%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. StockNews.com cut shares of Bunge Global from a “buy” rating to a “hold” rating in a research note on Monday, February 26th. The Goldman Sachs Group lowered their price objective on shares of Bunge Global from $141.00 to $126.00 and set a “buy” rating on the stock in a research note on Tuesday, February 13th. Citigroup lifted their price objective on shares of Bunge Global from $117.00 to $122.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. Finally, HSBC raised shares of Bunge Global from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $122.00 to $105.00 in a research note on Friday, February 9th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $121.00.

Get Our Latest Stock Report on BG

Insider Buying and Selling

In related news, insider Christos Dimopoulos sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $103.26, for a total transaction of $2,065,200.00. Following the completion of the sale, the insider now directly owns 87,999 shares in the company, valued at $9,086,776.74. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.60% of the stock is currently owned by corporate insiders.

Bunge Global Company 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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Institutional Ownership by Quarter for Bunge Global (NYSE:BG)

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