Caisse DE Depot ET Placement DU Quebec Decreases Stock Position in Bunge Global SA (NYSE:BG)

Caisse DE Depot ET Placement DU Quebec cut its position in Bunge Global SA (NYSE:BG) by 62.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 137,610 shares of the basic materials company’s stock after selling 228,363 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Bunge Global were worth $13,299,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in BG. Captrust Financial Advisors boosted its stake in Bunge Global by 8.0% during the 3rd quarter. Captrust Financial Advisors now owns 4,116 shares of the basic materials company’s stock valued at $398,000 after acquiring an additional 304 shares during the last quarter. Public Sector Pension Investment Board boosted its stake in Bunge Global by 17.2% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,140 shares of the basic materials company’s stock valued at $593,000 after acquiring an additional 900 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Bunge Global by 3.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 46,296 shares of the basic materials company’s stock valued at $4,474,000 after acquiring an additional 1,337 shares during the last quarter. CreativeOne Wealth LLC boosted its stake in Bunge Global by 9.8% during the 3rd quarter. CreativeOne Wealth LLC now owns 4,440 shares of the basic materials company’s stock valued at $429,000 after acquiring an additional 398 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Bunge Global by 11.8% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 123,000 shares of the basic materials company’s stock valued at $11,887,000 after acquiring an additional 13,000 shares during the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Bunge Global Trading Up 0.9 %

NYSE BG opened at $89.74 on Monday. The company’s fifty day moving average price is $91.28 and its two-hundred day moving average price is $99.30. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.07 and a quick ratio of 1.10. 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 $12.53 billion, a price-to-earnings ratio of 11.36 and a beta of 0.67.

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.