Swiss National Bank grew its holdings in Bunge Limited (NYSE:BG) by 1.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 516,435 shares of the basic materials company’s stock after buying an additional 8,300 shares during the period. Swiss National Bank owned 367,281.84% of Bunge Limited worth $35,872,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of BG. Principal Financial Group Inc. increased its position in Bunge Limited by 28.8% during the third quarter. Principal Financial Group Inc. now owns 20,827 shares of the basic materials company’s stock worth $1,447,000 after purchasing an additional 4,654 shares during the last quarter. IndexIQ Advisors LLC increased its position in Bunge Limited by 413.0% during the third quarter. IndexIQ Advisors LLC now owns 16,631 shares of the basic materials company’s stock worth $1,155,000 after purchasing an additional 13,389 shares during the last quarter. State of Wisconsin Investment Board increased its position in Bunge Limited by 9.0% during the third quarter. State of Wisconsin Investment Board now owns 135,164 shares of the basic materials company’s stock worth $9,388,000 after purchasing an additional 11,208 shares during the last quarter. Stevens Capital Management LP increased its position in Bunge Limited by 899.4% during the third quarter. Stevens Capital Management LP now owns 34,238 shares of the basic materials company’s stock worth $2,378,000 after purchasing an additional 30,812 shares during the last quarter. Finally, Polaris Greystone Financial Group LLC increased its position in Bunge Limited by 27.5% during the third quarter. Polaris Greystone Financial Group LLC now owns 25,828 shares of the basic materials company’s stock worth $1,794,000 after purchasing an additional 5,575 shares during the last quarter. Institutional investors and hedge funds own 79.25% of the company’s stock.

Several research analysts have weighed in on BG shares. Piper Jaffray Companies set a $86.00 target price on shares of Bunge Limited and gave the stock a “buy” rating in a research note on Friday, October 6th. Credit Suisse Group reaffirmed a “buy” rating and set a $90.00 target price on shares of Bunge Limited in a research note on Friday, September 15th. BMO Capital Markets reaffirmed a “buy” rating and set a $87.00 target price on shares of Bunge Limited in a research note on Monday, November 6th. TheStreet lowered shares of Bunge Limited from a “b-” rating to a “c+” rating in a research note on Tuesday, October 10th. Finally, Zacks Investment Research raised shares of Bunge Limited from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $81.86.

Bunge Limited (NYSE:BG) opened at $65.63 on Friday. The company has a quick ratio of 0.82, a current ratio of 1.60 and a debt-to-equity ratio of 0.60. Bunge Limited has a 12 month low of $63.86 and a 12 month high of $83.75. The company has a market cap of $9,160.66, a P/E ratio of 21.94, a PEG ratio of 1.83 and a beta of 1.06.

Bunge Limited (NYSE:BG) last posted its quarterly earnings data on Wednesday, November 1st. The basic materials company reported $0.75 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.79 by ($0.04). Bunge Limited had a net margin of 1.06% and a return on equity of 6.68%. The business had revenue of $11.42 billion during the quarter, compared to analysts’ expectations of $11.87 billion. During the same period in the previous year, the business posted $0.73 EPS. The company’s revenue for the quarter was up .0% compared to the same quarter last year. sell-side analysts expect that Bunge Limited will post 2.97 EPS for the current year.

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Bunge Limited Company Profile

Bunge Limited is an agribusiness and food company with integrated operations that stretch from the farm field to consumer foods. The Company operates through five segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. Its Agribusiness segment is an integrated, global business involved in the purchase, storage, transport, processing and sale of agricultural commodities and commodity products.

Institutional Ownership by Quarter for Bunge Limited (NYSE:BG)

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