The Manufacturers Life Insurance Company Sells 3,871 Shares of Bunge Global SA (NYSE:BG)

The Manufacturers Life Insurance Company lowered its stake in shares of Bunge Global SA (NYSE:BG) by 2.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 166,484 shares of the basic materials company’s stock after selling 3,871 shares during the quarter. The Manufacturers Life Insurance Company owned 0.12% of Bunge Global worth $16,090,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of BG. Altshuler Shaham Ltd bought a new stake in Bunge Global in the second quarter worth about $28,000. Blue Trust Inc. lifted its stake in shares of Bunge Global by 52.3% during the 2nd quarter. Blue Trust Inc. now owns 297 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 102 shares during the last quarter. Farmers & Merchants Investments Inc. boosted its holdings in Bunge Global by 185.2% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 308 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 200 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in Bunge Global in the 2nd quarter valued at $40,000. Finally, Atlas Capital Advisors LLC increased its stake in Bunge Global by 261.3% in the second quarter. Atlas Capital Advisors LLC now owns 383 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 277 shares during the period. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Trading Up 0.9 %

NYSE BG opened at $89.74 on Monday. The stock has a market cap of $12.53 billion, a PE ratio of 11.36 and a beta of 0.67. Bunge Global SA has a 12 month low of $82.18 and a 12 month high of $114.92. The company’s 50-day moving average price is $91.28 and its 200-day moving average price is $99.30. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 0.43.

About Bunge Global

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.