Bunge Global SA (NYSE:BG) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC reduced its position in Bunge Global SA (NYSE:BG) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,780 shares of the basic materials company’s stock after selling 1,120 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Bunge Global were worth $2,471,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Altshuler Shaham Ltd purchased a new stake in shares of Bunge Global during the second quarter worth $28,000. Wilmington Savings Fund Society FSB purchased a new stake in Bunge Global during the 3rd quarter valued at about $34,000. Farther Finance Advisors LLC raised its holdings in Bunge Global by 40.1% in the 3rd 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. UMB Bank n.a. lifted its stake in Bunge Global by 145.1% in the 3rd quarter. UMB Bank n.a. now owns 652 shares of the basic materials company’s stock worth $63,000 after purchasing an additional 386 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators boosted its holdings in shares of Bunge Global by 31.0% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 702 shares of the basic materials company’s stock worth $68,000 after purchasing an additional 166 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Up 0.2 %

Shares of NYSE BG opened at $79.53 on Monday. Bunge Global SA has a 1 year low of $75.75 and a 1 year high of $114.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.07 and a quick ratio of 1.10. The company has a market capitalization of $11.10 billion, a P/E ratio of 10.07 and a beta of 0.70. The company has a 50 day simple moving average of $83.19 and a 200-day simple moving average of $93.27.

Wall Street Analyst Weigh In

Separately, Stephens raised Bunge Global to a “strong-buy” rating in a report on Monday, December 2nd. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $118.00.

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.