Fiduciary Trust Co Reduces Stock Position in Bunge Global SA (NYSE:BG)

Fiduciary Trust Co trimmed its holdings in Bunge Global SA (NYSE:BG) by 66.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,109 shares of the basic materials company’s stock after selling 4,094 shares during the period. Fiduciary Trust Co’s holdings in Bunge Global were worth $204,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC lifted its holdings in shares of Bunge Global by 156.4% in the second quarter. SG Americas Securities LLC now owns 193,467 shares of the basic materials company’s stock worth $20,656,000 after buying an additional 117,998 shares in the last quarter. Xponance Inc. lifted its stake in Bunge Global by 39.0% in the 2nd quarter. Xponance Inc. now owns 43,140 shares of the basic materials company’s stock worth $4,606,000 after purchasing an additional 12,104 shares in the last quarter. AMG National Trust Bank bought a new position in Bunge Global in the 2nd quarter valued at $314,000. Cetera Investment Advisers grew its position in shares of Bunge Global by 273.1% during the 1st quarter. Cetera Investment Advisers now owns 18,699 shares of the basic materials company’s stock valued at $1,917,000 after purchasing an additional 13,687 shares in the last quarter. Finally, AMF Tjanstepension AB bought a new position in shares of Bunge Global in the second quarter worth $7,131,000. Institutional investors own 86.23% of the company’s stock.

Bunge Global Price Performance

NYSE:BG opened at $89.74 on Monday. Bunge Global SA has a 52-week low of $82.18 and a 52-week high of $114.92. The stock has a fifty day moving average of $91.28 and a 200 day moving average of $99.30. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.10 and a current ratio of 2.07. The firm has a market capitalization of $12.53 billion, a price-to-earnings ratio of 11.36 and a beta of 0.67.

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.