Bunge Global SA (NYSE:BG) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in shares of Bunge Global SA (NYSE:BG) by 1.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,879,410 shares of the basic materials company’s stock after selling 29,254 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.35% of Bunge Global worth $181,626,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Altshuler Shaham Ltd bought a new stake in Bunge Global during the second quarter valued at $28,000. Blue Trust Inc. grew its position in shares of Bunge Global by 52.3% during the 2nd quarter. Blue Trust Inc. now owns 297 shares of the basic materials company’s stock valued at $30,000 after buying an additional 102 shares during the last quarter. Farmers & Merchants Investments Inc. raised its stake in Bunge Global by 185.2% during the second quarter. Farmers & Merchants Investments Inc. now owns 308 shares of the basic materials company’s stock worth $33,000 after acquiring an additional 200 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in Bunge Global in the second quarter worth about $40,000. Finally, Atlas Capital Advisors LLC boosted its stake in Bunge Global by 261.3% in the second quarter. Atlas Capital Advisors LLC now owns 383 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 277 shares during the period. 86.23% of the stock is owned by institutional investors and hedge funds.

Bunge Global Stock Up 0.9 %

Shares of Bunge Global stock opened at $89.74 on Friday. The stock has a market capitalization of $12.53 billion, a price-to-earnings ratio of 11.36 and a beta of 0.67. Bunge Global SA has a twelve month low of $82.18 and a twelve month high of $114.92. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 0.43. The business’s 50 day simple moving average is $91.28 and its 200-day simple moving average is $99.33.

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.