Bunge Global SA (NYSE:BG) Stock Holdings Reduced by Cerity Partners LLC

Cerity Partners LLC reduced its stake in shares of Bunge Global SA (NYSE:BG) by 3.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,722 shares of the basic materials company’s stock after selling 696 shares during the period. Cerity Partners LLC’s holdings in Bunge Global were worth $1,906,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BG. Charles Schwab Investment Management Inc. grew its stake in shares of Bunge Global by 3.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,444,621 shares of the basic materials company’s stock worth $139,608,000 after acquiring an additional 50,615 shares during the last quarter. Intech Investment Management LLC boosted its holdings in Bunge Global by 194.0% in the 3rd quarter. Intech Investment Management LLC now owns 50,211 shares of the basic materials company’s stock valued at $4,852,000 after purchasing an additional 33,130 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Bunge Global in the third quarter valued at about $2,034,000. Banque Cantonale Vaudoise grew its position in Bunge Global by 37.6% during the third quarter. Banque Cantonale Vaudoise now owns 4,666 shares of the basic materials company’s stock worth $451,000 after buying an additional 1,275 shares in the last quarter. Finally, Prospera Financial Services Inc increased its stake in Bunge Global by 5.5% during the third quarter. Prospera Financial Services Inc now owns 4,929 shares of the basic materials company’s stock valued at $477,000 after acquiring an additional 258 shares during the period. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Bunge Global Price Performance

Shares of BG stock opened at $89.05 on Tuesday. Bunge Global SA has a 12 month low of $82.18 and a 12 month high of $114.92. The company has a market capitalization of $12.43 billion, a P/E ratio of 11.27 and a beta of 0.67. The stock has a 50 day moving average of $91.28 and a two-hundred day moving average of $99.29. 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 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.