Czech National Bank Has $2.35 Million Stake in Bunge Global SA (NYSE:BG)

Czech National Bank grew its stake in Bunge Global SA (NYSE:BG) by 4.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 30,274 shares of the basic materials company’s stock after buying an additional 1,419 shares during the quarter. Czech National Bank’s holdings in Bunge Global were worth $2,354,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in BG. Altshuler Shaham Ltd bought a new stake in shares of Bunge Global during the 2nd quarter worth $28,000. Wilmington Savings Fund Society FSB bought a new stake in Bunge Global during the third quarter valued at about $34,000. Farther Finance Advisors LLC grew its position in shares of Bunge Global by 40.1% in the third quarter. Farther Finance Advisors LLC now owns 433 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 124 shares during the last quarter. UMB Bank n.a. lifted its position in shares of Bunge Global by 145.1% during the 3rd quarter. UMB Bank n.a. now owns 652 shares of the basic materials company’s stock worth $63,000 after purchasing an additional 386 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in Bunge Global by 121.5% during the 3rd quarter. Blue Trust Inc. now owns 658 shares of the basic materials company’s stock valued at $70,000 after purchasing an additional 361 shares during the period. Institutional investors own 86.23% of the company’s stock.

Bunge Global Price Performance

Shares of BG stock opened at $79.36 on Friday. The company has a market capitalization of $11.08 billion, a P/E ratio of 10.05 and a beta of 0.70. 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 SA has a 12 month low of $75.75 and a 12 month high of $114.92. The stock has a 50 day moving average of $83.49 and a two-hundred day moving average of $93.79.

Wall Street Analysts Forecast Growth

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

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.