D.A. Davidson & CO. Trims Stock Holdings in Bunge Global SA (NYSE:BG)

D.A. Davidson & CO. cut its holdings in shares of Bunge Global SA (NYSE:BG) by 71.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,822 shares of the basic materials company’s stock after selling 19,344 shares during the period. D.A. Davidson & CO.’s holdings in Bunge Global were worth $756,000 at the end of the most recent reporting period.

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

Bunge Global Stock Down 0.8 %

BG stock opened at $89.05 on Tuesday. Bunge Global SA has a one year low of $82.18 and a one year 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 company has a fifty day moving average of $91.28 and a 200-day moving average of $99.29. The stock has a market capitalization of $12.43 billion, a PE ratio of 11.27 and a beta of 0.67.

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.