Bunge Limited (BG) Holder Bluemountain Capital Management LLC Has Raised Holding

Bunge Limited (NYSE:BG) LogoInvestors sentiment decreased to 0.88 in 2018 Q3. Its down 0.02, from 0.9 in 2018Q2. It is negative, as 39 investors sold BG shares while 115 reduced holdings. 46 funds opened positions while 89 raised stakes. 107.48 million shares or 1.22% less from 108.80 million shares in 2018Q2 were reported. Moreover, Schwab Charles Inv Incorporated has 0.04% invested in Bunge Limited (NYSE:BG) for 817,640 shares. Oregon Employees Retirement Fund, Oregon-based fund reported 52,686 shares. Fincl Bank Of America De has invested 0% in Bunge Limited (NYSE:BG). Federated Pa accumulated 0.02% or 107,164 shares. Fmr Ltd has invested 0.02% in Bunge Limited (NYSE:BG). 187,660 were accumulated by Barclays Pcl. Moreover, Fiduciary has 0.01% invested in Bunge Limited (NYSE:BG). Moreover, Barrow Hanley Mewhinney And Strauss Ltd Llc has 0% invested in Bunge Limited (NYSE:BG). Blackrock reported 8.50 million shares. Becker Mgmt Inc reported 0.95% of its portfolio in Bunge Limited (NYSE:BG). New York State Common Retirement Fund, New York-based fund reported 319,407 shares. D E Shaw has 789,228 shares for 0.07% of their portfolio. Moreover, Credit Suisse Ag has 0.02% invested in Bunge Limited (NYSE:BG) for 254,245 shares. 213,206 are owned by Howe & Rusling. 107 were reported by Ftb Advsr.

Since November 5, 2018, it had 7 insider buys, and 0 insider sales for $61.93 million activity. The insider Schroder Soren bought $94,670. Another trade for 6,500 shares valued at $412,825 was bought by Zenuk Mark N. $200,590 worth of Bunge Limited (NYSE:BG) was bought by Boehlert Thomas on Monday, November 5. Lupo L Patrick also bought $188,130 worth of Bunge Limited (NYSE:BG) on Monday, November 5.

Bluemountain Capital Management Llc increased its stake in Bunge Limited (BG) by 152.19% based on its latest 2018Q3 regulatory filing with the SEC. Bluemountain Capital Management Llc bought 132,307 shares as the company’s stock declined 5.27% with the market. The hedge fund held 219,241 shares of the packaged foods company at the end of 2018Q3, valued at $15.23M, up from 86,934 at the end of the previous reported quarter. Bluemountain Capital Management Llc who had been investing in Bunge Limited for a number of months, seems to be bullish on the $7.78 billion market cap company. The stock decreased 1.04% or $0.58 during the last trading session, reaching $55.14. About 294,358 shares traded. Bunge Limited (NYSE:BG) has declined 13.83% since January 14, 2018 and is downtrending. It has underperformed by 13.83% the S&P500.

Bluemountain Capital Management Llc, which manages about $27.77B and $4.88 billion US Long portfolio, decreased its stake in Select Sector Spdr Tr (Put) (XLY) by 242,000 shares to 140,000 shares, valued at $12.61 million in 2018Q3, according to the filing. It also reduced its holding in Nexstar Media Group Inc (NASDAQ:NXST) by 119,677 shares in the quarter, leaving it with 517,604 shares, and cut its stake in Symantec Corp (Call) (NASDAQ:SYMC).

Another recent and important Bunge Limited (NYSE:BG) news was published by Seekingalpha.com which published an article titled: “Bunge: Analysts’ Corner Share Price Rating Is A P+ – Seeking Alpha” on December 17, 2018.

Bunge Limited (NYSE:BG) Ratings Coverage

Among 4 analysts covering Bunge (NYSE:BG), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Bunge had 6 analyst reports since August 2, 2018 according to SRatingsIntel. The rating was maintained by Citigroup on Monday, December 10 with “Buy”. Citigroup maintained it with “Buy” rating and $82 target in Thursday, November 1 report. The stock of Bunge Limited (NYSE:BG) earned “Neutral” rating by JP Morgan on Thursday, August 2. BMO Capital Markets maintained it with “Outperform” rating and $83 target in Thursday, November 1 report. Credit Suisse maintained Bunge Limited (NYSE:BG) on Thursday, August 2 with “Outperform” rating. The stock of Bunge Limited (NYSE:BG) has “Buy” rating given on Thursday, August 2 by Citigroup.

Bunge Limited (NYSE:BG) Ratings Chart

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