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

Blackhawk Capital Partners LLC. acquired a new position in Bunge Global SA (NYSE:BG - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,752 shares of the basic materials company's stock, valued at approximately $292,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC raised its holdings in Bunge Global by 40.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 433 shares of the basic materials company's stock worth $42,000 after purchasing an additional 124 shares during the period. Caprock Group LLC raised its stake in shares of Bunge Global by 2.2% during the 3rd quarter. Caprock Group LLC now owns 7,472 shares of the basic materials company's stock worth $722,000 after buying an additional 164 shares during the period. Deseret Mutual Benefit Administrators lifted its position in shares of Bunge Global by 31.0% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 702 shares of the basic materials company's stock valued at $68,000 after buying an additional 166 shares in the last quarter. Patton Albertson Miller Group LLC lifted its position in shares of Bunge Global by 0.3% during the 3rd quarter. Patton Albertson Miller Group LLC now owns 56,444 shares of the basic materials company's stock valued at $5,455,000 after buying an additional 188 shares in the last quarter. Finally, Allworth Financial LP grew its stake in Bunge Global by 32.3% in the 4th quarter. Allworth Financial LP now owns 794 shares of the basic materials company's stock valued at $62,000 after acquiring an additional 194 shares during the period. Institutional investors and hedge funds own 86.23% of the company's stock.

Bunge Global Price Performance

NYSE BG traded up $1.09 during trading hours on Friday, hitting $74.34. 2,340,551 shares of the company's stock traded hands, compared to its average volume of 1,632,245. The company has a market capitalization of $9.96 billion, a PE ratio of 9.20, a PEG ratio of 2.66 and a beta of 0.69. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.15 and a quick ratio of 1.27. Bunge Global SA has a 52-week low of $67.40 and a 52-week high of $114.92. The firm's 50-day moving average is $75.81 and its 200-day moving average is $86.61.

Bunge Global (NYSE:BG - Get Free Report) last issued its 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%. Equities analysts forecast that Bunge Global SA will post 7.94 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Stephens decreased their price objective on shares of Bunge Global from $110.00 to $105.00 in a report on Monday, February 3rd. Bank of America decreased 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 note on Tuesday, February 11th. Barclays lowered their price objective on Bunge Global from $95.00 to $85.00 and set an "equal weight" rating on the stock in a report on Thursday, February 6th. Finally, Morgan Stanley reduced their target price on Bunge Global from $90.00 to $74.00 and set an "equal weight" rating for the company in a report on Tuesday, February 11th. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $93.00.

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.