Oxford Asset Management LLP Has $678,000 Stock Holdings in Bunge Global SA (NYSE:BG)

Oxford Asset Management LLP increased its stake in shares of Bunge Global SA (NYSE:BG - Free Report) by 220.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,713 shares of the basic materials company's stock after acquiring an additional 5,996 shares during the period. Oxford Asset Management LLP's holdings in Bunge Global were worth $678,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the business. Spire Wealth Management purchased a new stake in shares of Bunge Global in the 4th quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Bunge Global in the 3rd quarter valued at approximately $34,000. Crews Bank & Trust purchased a new stake in shares of Bunge Global in the 4th quarter valued at approximately $39,000. R Squared Ltd purchased a new stake in shares of Bunge Global in the 4th quarter valued at approximately $45,000. Finally, Financial Perspectives Inc boosted its position in shares of Bunge Global by 585.0% during the 4th quarter. Financial Perspectives Inc now owns 685 shares of the basic materials company's stock worth $53,000 after purchasing an additional 585 shares during the period. 86.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on BG. Bank of America reduced their price objective on shares of Bunge Global from $105.00 to $87.00 and set a "buy" rating on the stock in a report on Tuesday, February 11th. Citigroup increased their target price on shares of Bunge Global from $76.00 to $77.00 and gave the company a "neutral" rating in a research report on Tuesday, April 15th. Barclays lowered their price objective on shares of Bunge Global from $95.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 6th. Stephens lowered their price objective on shares of Bunge Global from $110.00 to $105.00 in a research report on Monday, February 3rd. Finally, Morgan Stanley lowered their price objective on Bunge Global from $90.00 to $74.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 11th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $85.60.

Bunge Global Stock Up 0.1 %

Shares of Bunge Global stock traded up $0.09 on Thursday, hitting $78.81. 542,675 shares of the company's stock traded hands, compared to its average volume of 1,565,108. The firm's 50-day moving average is $75.42 and its 200 day moving average is $79.66. The stock has a market cap of $10.56 billion, a P/E ratio of 9.78, a PEG ratio of 2.66 and a beta of 0.59. Bunge Global SA has a 52-week low of $67.40 and a 52-week high of $114.92. The company has a quick ratio of 1.27, a current ratio of 2.15 and a debt-to-equity ratio of 0.43.

Bunge Global (NYSE:BG - Get Free Report) last released its quarterly earnings data 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 net margin of 2.14% and a return on equity of 11.73%. Equities analysts anticipate that Bunge Global SA will post 7.94 earnings per share for the current year.

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.