J. Safra Sarasin Holding AG Has $1.84 Million Position in Bunge Global SA (NYSE:BG)

J. Safra Sarasin Holding AG boosted its holdings in shares of Bunge Global SA (NYSE:BG - Free Report) by 28.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,608 shares of the basic materials company's stock after acquiring an additional 5,161 shares during the period. J. Safra Sarasin Holding AG's holdings in Bunge Global were worth $1,836,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. FMR LLC boosted its holdings in Bunge Global by 25.3% in the 4th quarter. FMR LLC now owns 3,465,636 shares of the basic materials company's stock worth $269,488,000 after acquiring an additional 699,889 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Bunge Global by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 3,457,858 shares of the basic materials company's stock valued at $268,205,000 after buying an additional 34,890 shares during the period. Invesco Ltd. grew its holdings in shares of Bunge Global by 28.6% during the fourth quarter. Invesco Ltd. now owns 3,206,646 shares of the basic materials company's stock valued at $249,349,000 after purchasing an additional 713,561 shares during the last quarter. Pacer Advisors Inc. increased its position in Bunge Global by 13,459.9% in the fourth quarter. Pacer Advisors Inc. now owns 2,956,459 shares of the basic materials company's stock worth $229,894,000 after buying an additional 2,934,656 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Bunge Global by 8.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,486,976 shares of the basic materials company's stock valued at $193,379,000 after buying an additional 183,701 shares during the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Bunge Global Trading Down 0.0 %

Shares of BG traded down $0.02 during trading hours on Monday, reaching $80.89. The stock had a trading volume of 250,841 shares, compared to its average volume of 1,564,238. The company has a quick ratio of 1.27, a current ratio of 2.15 and a debt-to-equity ratio of 0.43. The company has a market cap of $10.84 billion, a P/E ratio of 10.01, a P/E/G ratio of 2.66 and a beta of 0.59. The firm has a 50-day moving average of $74.92 and a 200 day moving average of $79.77. Bunge Global SA has a 52 week low of $67.40 and a 52 week high of $114.92.

Bunge Global (NYSE:BG - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The basic materials company reported $2.13 earnings per share for the quarter, missing the consensus estimate of $2.30 by ($0.17). Bunge Global had a return on equity of 11.73% and a net margin of 2.14%. On average, sell-side analysts expect that Bunge Global SA will post 7.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

BG has been the topic of several research reports. Stephens dropped their price target on shares of Bunge Global from $110.00 to $105.00 in a research report on Monday, February 3rd. Barclays decreased their price target on shares of Bunge Global from $95.00 to $85.00 and set an "equal weight" rating for the company in a report on Thursday, February 6th. Citigroup raised their price target on Bunge Global from $76.00 to $77.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 15th. Morgan Stanley reduced their price objective on shares of Bunge Global from $90.00 to $74.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 11th. Finally, Bank of America dropped their price target on shares of Bunge Global from $105.00 to $87.00 and set a "buy" rating on the stock in a research report on Tuesday, February 11th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $85.60.

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.