Rothschild Investment LLC Has $1.10 Million Stake in Bunge Global SA (NYSE:BG)

Rothschild Investment LLC boosted its stake in shares of Bunge Global SA (NYSE:BG) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,129 shares of the basic materials company’s stock after acquiring an additional 266 shares during the quarter. Rothschild Investment LLC’s holdings in Bunge Global were worth $1,099,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BG. Spire Wealth Management bought a new stake in shares of Bunge Global in the 4th quarter worth about $26,000. Wilmington Savings Fund Society FSB bought a new stake in Bunge Global during the third quarter worth about $34,000. Crews Bank & Trust acquired a new stake in shares of Bunge Global during the fourth quarter worth approximately $39,000. Farther Finance Advisors LLC raised its stake 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 during the last quarter. Finally, R Squared Ltd bought a new stake in Bunge Global during the 4th quarter worth approximately $45,000. 86.23% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on BG shares. Barclays dropped their price target on Bunge Global from $95.00 to $85.00 and set an “equal weight” rating for the company in a report on Thursday, February 6th. Morgan Stanley lowered their target price on Bunge Global from $90.00 to $74.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 11th. Bank of America reduced their price target on shares of Bunge Global from $105.00 to $87.00 and set a “buy” rating on the stock in a research report on Tuesday, February 11th. Finally, Stephens lowered their price objective on shares of Bunge Global from $110.00 to $105.00 in a research report on Monday, February 3rd. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $93.00.

Bunge Global Stock Up 0.7 %

NYSE BG opened at $73.59 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.27 and a current ratio of 2.15. Bunge Global SA has a 52 week low of $67.40 and a 52 week high of $114.92. The stock has a market capitalization of $9.86 billion, a P/E ratio of 9.11, a price-to-earnings-growth ratio of 2.66 and a beta of 0.69. The stock has a fifty day moving average of $76.16 and a 200-day moving average of $86.96.

Bunge Global (NYSE:BG) last announced its quarterly earnings data on Wednesday, February 5th. The basic materials company reported $2.13 EPS for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.17). Bunge Global had a return on equity of 11.73% and a net margin of 2.14%. On average, equities research analysts forecast that Bunge Global SA will post 7.94 EPS for the current year.

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.