Captrust Financial Advisors Boosts Stock Position in Bunge Global SA (NYSE:BG)

Captrust Financial Advisors grew its holdings in Bunge Global SA (NYSE:BG) by 8.0% during the third quarter, HoldingsChannel.com reports. The firm owned 4,116 shares of the basic materials company’s stock after acquiring an additional 304 shares during the quarter. Captrust Financial Advisors’ holdings in Bunge Global were worth $398,000 at the end of the most recent quarter.

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

Bunge Global Trading Down 1.1 %

NYSE:BG opened at $82.69 on Friday. The firm has a 50 day moving average of $89.00 and a 200 day moving average of $98.11. The stock has a market capitalization of $11.55 billion, a price-to-earnings ratio of 10.47 and a beta of 0.68. The company has a quick ratio of 1.10, a current ratio of 2.07 and a debt-to-equity ratio of 0.43. Bunge Global SA has a 52 week low of $81.95 and a 52 week high of $114.92.

Wall Street Analyst Weigh In

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

Bunge Global Company 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.