Jones Financial Companies Lllp Has $129,000 Stock Holdings in Bunge Global SA (NYSE:BG)

Jones Financial Companies Lllp increased its position in shares of Bunge Global SA (NYSE:BG) by 15.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,655 shares of the basic materials company’s stock after acquiring an additional 225 shares during the period. Jones Financial Companies Lllp’s holdings in Bunge Global were worth $129,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in BG. Pacer Advisors Inc. boosted its position in shares of Bunge Global by 13,459.9% during the 4th quarter. Pacer Advisors Inc. now owns 2,956,459 shares of the basic materials company’s stock worth $229,894,000 after acquiring an additional 2,934,656 shares in the last quarter. Ilex Capital Partners UK LLP acquired a new stake in Bunge Global in the third quarter valued at approximately $54,330,000. State Street Corp boosted its position in Bunge Global by 7.6% in the third quarter. State Street Corp now owns 7,051,601 shares of the basic materials company’s stock valued at $681,467,000 after buying an additional 500,897 shares in the last quarter. SG Americas Securities LLC boosted its position in Bunge Global by 173.5% in the fourth quarter. SG Americas Securities LLC now owns 302,692 shares of the basic materials company’s stock valued at $23,537,000 after buying an additional 191,999 shares in the last quarter. Finally, Mizuho Securities USA LLC boosted its position in Bunge Global by 1,585.3% in the third quarter. Mizuho Securities USA LLC now owns 184,000 shares of the basic materials company’s stock valued at $17,782,000 after buying an additional 173,082 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Barclays cut their target price 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. Morgan Stanley cut their target price on shares of Bunge Global from $90.00 to $74.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 11th. Stephens cut their target price on shares of Bunge Global from $110.00 to $105.00 in a research report on Monday, February 3rd. Finally, Bank of America dropped their price target on shares of Bunge Global from $105.00 to $87.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Bunge Global currently has an average rating of “Moderate Buy” and an average price target of $93.00.

Bunge Global Price Performance

Shares of NYSE:BG opened at $74.01 on Friday. The firm has a market cap of $9.92 billion, a PE ratio of 9.16, a price-to-earnings-growth ratio of 2.66 and a beta of 0.67. The firm’s fifty day moving average is $74.84 and its 200-day moving average is $84.74. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.27 and a current ratio of 2.15. Bunge Global SA has a 52 week low of $67.40 and a 52 week high of $114.92.

Bunge Global (NYSE:BG) last released its earnings results on Wednesday, February 5th. The basic materials company reported $2.13 earnings per share (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%. Sell-side analysts predict that Bunge Global SA will post 7.94 earnings per share for the current year.

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.