3,752 Shares in Bunge Global SA (NYSE:BG) Acquired by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. bought a new position in shares of Bunge Global SA (NYSE:BG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,752 shares of the basic materials company’s stock, valued at approximately $292,000.

Other large investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC boosted its stake in shares of Bunge Global by 1.9% during the 4th quarter. Rothschild Investment LLC now owns 14,129 shares of the basic materials company’s stock worth $1,099,000 after acquiring an additional 266 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Bunge Global by 17.0% during the fourth quarter. IFP Advisors Inc now owns 1,852 shares of the basic materials company’s stock valued at $144,000 after purchasing an additional 269 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Bunge Global in the 4th quarter valued at $2,601,000. Howard Capital Management Inc. boosted its position in shares of Bunge Global by 1,418.6% in the 4th quarter. Howard Capital Management Inc. now owns 32,180 shares of the basic materials company’s stock valued at $2,502,000 after purchasing an additional 30,061 shares during the period. Finally, Deseret Mutual Benefit Administrators increased its stake in Bunge Global by 25.4% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 880 shares of the basic materials company’s stock worth $68,000 after purchasing an additional 178 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors.

Bunge Global Stock Performance

Shares of BG opened at $73.59 on Tuesday. The company has a market capitalization of $9.86 billion, a PE ratio of 9.11, a PEG ratio of 2.66 and a beta of 0.69. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.27 and a current ratio of 2.15. The company’s 50 day moving average price is $76.16 and its 200 day moving average price is $86.96. Bunge Global SA has a 52 week low of $67.40 and a 52 week high of $114.92.

Bunge Global (NYSE:BG) last posted its quarterly earnings results on Wednesday, February 5th. The basic materials company reported $2.13 EPS 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%. Research analysts expect that Bunge Global SA will post 7.94 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on BG shares. Bank of America decreased their target price on shares of Bunge Global from $105.00 to $87.00 and set a “buy” rating for the company in a report on Tuesday, February 11th. Morgan Stanley reduced their price target on shares of Bunge Global from $90.00 to $74.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. 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. Finally, Stephens reduced their target price on Bunge Global from $110.00 to $105.00 in a report on Monday, February 3rd. Four 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $93.00.

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.