Personal CFO Solutions LLC Takes Position in Bunge Global SA (NYSE:BG)

Personal CFO Solutions LLC acquired a new position in shares of Bunge Global SA (NYSE:BG) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 7,081 shares of the basic materials company’s stock, valued at approximately $551,000.

Other large investors have also made changes to their positions in the company. Spire Wealth Management acquired a new stake in shares of Bunge Global during the 4th quarter valued at $26,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Bunge Global in the 3rd quarter valued at about $34,000. Crews Bank & Trust bought a new position in shares of Bunge Global during the 4th quarter worth approximately $39,000. Farther Finance Advisors LLC increased its stake in 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 purchasing an additional 124 shares in the last quarter. Finally, R Squared Ltd bought a new stake in Bunge Global in the 4th quarter valued at about $45,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Price Performance

BG opened at $75.68 on Monday. The firm has a market cap of $10.14 billion, a PE ratio of 9.37, a P/E/G ratio of 2.66 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.15 and a quick ratio of 1.27. The stock has a 50-day moving average price of $75.16 and a 200-day moving average price of $85.51. Bunge Global SA has a 1 year low of $67.40 and a 1 year high of $114.92.

Bunge Global (NYSE:BG) last issued its quarterly earnings results on Wednesday, February 5th. The basic materials company reported $2.13 earnings per share 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%. Sell-side analysts predict that Bunge Global SA will post 7.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BG has been the subject of several analyst reports. Morgan Stanley lowered their price objective 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. Barclays lowered their price target on shares of Bunge Global from $95.00 to $85.00 and set an “equal weight” rating on the stock in a report on Thursday, February 6th. Stephens reduced their price objective on shares of Bunge Global from $110.00 to $105.00 in a research note on Monday, February 3rd. Finally, Bank of America lowered their price objective on Bunge Global from $105.00 to $87.00 and set a “buy” rating on the stock in a research report on Tuesday, February 11th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Bunge Global presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.00.

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.