Fmr LLC Has $267.28 Million Stock Holdings in Bunge Global SA (NYSE:BG)

Fmr LLC decreased its stake in Bunge Global SA (NYSE:BG) by 25.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,765,747 shares of the basic materials company’s stock after selling 961,563 shares during the period. Fmr LLC’s holdings in Bunge Global were worth $267,282,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Patton Albertson Miller Group LLC lifted its stake in Bunge Global by 0.3% in the third quarter. Patton Albertson Miller Group LLC now owns 56,444 shares of the basic materials company’s stock valued at $5,455,000 after acquiring an additional 188 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Bunge Global during the third quarter worth about $859,000. Daiwa Securities Group Inc. raised its stake in Bunge Global by 4.3% in the third quarter. Daiwa Securities Group Inc. now owns 30,489 shares of the basic materials company’s stock valued at $2,947,000 after buying an additional 1,261 shares during the period. Swedbank AB lifted its position in shares of Bunge Global by 11.9% in the third quarter. Swedbank AB now owns 143,534 shares of the basic materials company’s stock valued at $13,871,000 after buying an additional 15,241 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Bunge Global by 3.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,444,621 shares of the basic materials company’s stock worth $139,608,000 after acquiring an additional 50,615 shares during the period. 86.23% of the stock is owned by institutional investors and hedge funds.

Bunge Global Stock Up 0.9 %

BG opened at $89.74 on Monday. The stock’s fifty day simple moving average is $91.28 and its 200 day simple moving average is $99.30. Bunge Global SA has a 1-year low of $82.18 and a 1-year high of $114.92. The stock has a market cap of $12.53 billion, a PE ratio of 11.36 and a beta of 0.67. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 0.43.

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.