Humankind Investments LLC Purchases 774 Shares of Bunge Global SA (NYSE:BG)

Humankind Investments LLC grew its holdings in Bunge Global SA (NYSE:BG) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,681 shares of the basic materials company’s stock after acquiring an additional 774 shares during the quarter. Bunge Global accounts for approximately 0.6% of Humankind Investments LLC’s investment portfolio, making the stock its 29th biggest position. Humankind Investments LLC’s holdings in Bunge Global were worth $1,886,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. C M Bidwell & Associates Ltd. increased its stake in Bunge Global by 4.3% during the 3rd quarter. C M Bidwell & Associates Ltd. now owns 2,393 shares of the basic materials company’s stock worth $259,000 after acquiring an additional 99 shares during the period. Evergreen Capital Management LLC grew its stake in Bunge Global by 0.3% during the third quarter. Evergreen Capital Management LLC now owns 32,189 shares of the basic materials company’s stock worth $3,484,000 after buying an additional 108 shares in the last quarter. Rise Advisors LLC grew its stake in Bunge Global by 40.6% during the fourth quarter. Rise Advisors LLC now owns 405 shares of the basic materials company’s stock worth $41,000 after buying an additional 117 shares in the last quarter. Lindbrook Capital LLC raised its position in shares of Bunge Global by 16.3% in the 4th quarter. Lindbrook Capital LLC now owns 1,036 shares of the basic materials company’s stock valued at $105,000 after buying an additional 145 shares in the last quarter. Finally, Loomis Sayles & Co. L P raised its position in shares of Bunge Global by 169.8% in the 3rd quarter. Loomis Sayles & Co. L P now owns 232 shares of the basic materials company’s stock valued at $25,000 after buying an additional 146 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Bunge Global Trading Down 0.9 %

Shares of Bunge Global stock traded down $0.99 on Friday, reaching $104.13. 1,084,938 shares of the company’s stock were exchanged, compared to its average volume of 1,282,214. The firm’s 50-day moving average is $104.78 and its two-hundred day moving average is $99.86. The company has a market capitalization of $14.74 billion, a P/E ratio of 8.38 and a beta of 0.67. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.10 and a current ratio of 1.99. Bunge Global SA has a 52 week low of $86.10 and a 52 week high of $116.59.

Bunge Global (NYSE:BG) last released its quarterly earnings data on Wednesday, April 24th. The basic materials company reported $3.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.55 by $0.49. The company had revenue of $13.42 billion for the quarter, compared to analysts’ expectations of $13.96 billion. Bunge Global had a net margin of 3.22% and a return on equity of 17.49%. The business’s revenue was down 12.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.26 EPS. Sell-side analysts predict that Bunge Global SA will post 9.28 EPS for the current fiscal year.

Bunge Global Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 2.61%. The ex-dividend date is Tuesday, February 18th. Bunge Global’s payout ratio is presently 21.90%.

Insider Buying and Selling

In other news, insider Christos Dimopoulos sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $103.26, for a total value of $2,065,200.00. Following the transaction, the insider now owns 87,999 shares in the company, valued at $9,086,776.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently weighed in on BG shares. StockNews.com lowered Bunge Global from a “buy” rating to a “hold” rating in a research note on Monday, February 26th. The Goldman Sachs Group decreased their price target on shares of Bunge Global from $141.00 to $126.00 and set a “buy” rating on the stock in a report on Tuesday, February 13th. Finally, Citigroup raised their target price on shares of Bunge Global from $117.00 to $122.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $121.00.

Bunge Global Company 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.