Rockefeller Capital Management L.P. Lowers Stock Holdings in Bunge Global SA (NYSE:BG)

Rockefeller Capital Management L.P. reduced its position in Bunge Global SA (NYSE:BG) by 8.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 215,917 shares of the basic materials company’s stock after selling 18,902 shares during the quarter. Rockefeller Capital Management L.P. owned 0.15% of Bunge Global worth $20,866,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of BG. Cetera Investment Advisers raised its position in Bunge Global by 273.1% in the 1st quarter. Cetera Investment Advisers now owns 18,699 shares of the basic materials company’s stock worth $1,917,000 after purchasing an additional 13,687 shares during the period. GAMMA Investing LLC increased its holdings in shares of Bunge Global by 130.4% in the second quarter. GAMMA Investing LLC now owns 1,700 shares of the basic materials company’s stock worth $182,000 after buying an additional 962 shares during the period. Versant Capital Management Inc bought a new stake in shares of Bunge Global in the 2nd quarter valued at about $48,000. Mather Group LLC. boosted its holdings in Bunge Global by 12.4% during the 2nd quarter. Mather Group LLC. now owns 843 shares of the basic materials company’s stock valued at $86,000 after acquiring an additional 93 shares during the period. Finally, AMF Tjanstepension AB bought a new position in Bunge Global during the 2nd quarter worth approximately $7,131,000. 86.23% of the stock is currently owned by institutional investors.

Bunge Global Stock Performance

Shares of BG stock opened at $89.74 on Monday. The company has a market capitalization of $12.53 billion, a P/E ratio of 11.36 and a beta of 0.67. Bunge Global SA has a fifty-two week low of $82.18 and a fifty-two week high of $114.92. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.10 and a current ratio of 2.07. The stock has a 50 day moving average price of $91.28 and a two-hundred day moving average price of $99.30.

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.