Bunge Global SA (NYSE:BG) Shares Sold by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC decreased its holdings in shares of Bunge Global SA (NYSE:BG) by 24.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,033 shares of the basic materials company’s stock after selling 970 shares during the period. Sax Wealth Advisors LLC’s holdings in Bunge Global were worth $236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analysts Forecast Growth

Separately, Stephens upgraded shares of Bunge Global to a “strong-buy” rating in a report on Monday, December 2nd. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $118.00.

Bunge Global Stock Up 0.2 %

BG stock opened at $79.53 on Monday. The firm has a market cap of $11.10 billion, a PE ratio of 10.07 and a beta of 0.70. Bunge Global SA has a one year low of $75.75 and a one year high of $114.92. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.10 and a current ratio of 2.07. The firm’s 50 day moving average price is $83.19 and its 200-day moving average price is $93.27.

Bunge Global Company 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.