Stephens Inc. AR Has $10.10 Million Stock Position in Bunge Global SA (NYSE:BG)

Stephens Inc. AR lowered its stake in shares of Bunge Global SA (NYSE:BG) by 0.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 129,900 shares of the basic materials company’s stock after selling 386 shares during the quarter. Stephens Inc. AR’s holdings in Bunge Global were worth $10,101,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BG. Spire Wealth Management bought a new stake in shares of Bunge Global in the 4th quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Bunge Global in the 3rd quarter valued at $34,000. Crews Bank & Trust bought a new stake in Bunge Global in the fourth quarter valued at $39,000. Farther Finance Advisors LLC raised its stake in Bunge Global by 40.1% during the third quarter. Farther Finance Advisors LLC now owns 433 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 124 shares in the last quarter. Finally, R Squared Ltd bought a new position in shares of Bunge Global during the fourth quarter valued at $45,000. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have 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 for the company in a research note on Thursday. Stephens cut their price objective on Bunge Global from $110.00 to $105.00 in a research report on Monday, February 3rd. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $107.50.

Bunge Global Trading Up 0.5 %

Shares of NYSE BG opened at $69.61 on Monday. Bunge Global SA has a 1-year low of $67.40 and a 1-year high of $114.92. The company has a current ratio of 2.15, a quick ratio of 1.10 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average of $79.34 and a two-hundred day moving average of $89.56. The company has a market cap of $9.72 billion, a PE ratio of 8.62 and a beta of 0.69.

Bunge Global (NYSE:BG) last posted its quarterly earnings data on Wednesday, February 5th. The basic materials company reported $2.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.17). Bunge Global had a return on equity of 11.73% and a net margin of 2.14%. As a group, equities analysts expect that Bunge Global SA will post 7.75 earnings per share for the current fiscal year.

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.