Bunge Limited (NYSE:BG) is expected to pay $0.42 on Dec 2, 2016. The indicated annual dividend is $1.68. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on Bunge Limited’s current price of $66.57, the dividend is 0.63%. This dividend’s record date is Nov 18, 2016 and the announcement date is Aug 11, 2016. The stock increased 3.53% or $2.27 during the last trading session, hitting $66.57. Bunge Ltd (NYSE:BG) has risen 17.76% since April 13, 2016 and is uptrending. It has outperformed by 13.83% the S&P500.
Bunge Limited is an agribusiness and food firm with integrated activities that stretch from the farm field to consumer foods. The company has a market cap of $8.86 billion. The Agribusiness segment is involved in the purchase, storage, transport, processing and sale of agricultural commodities and commodity products. It has a 15.12 P/E ratio. The Edible oil products and milling products divisions include businesses that produce and sell edible oil based products, including vegetable oils, shortenings, margarines and mayonnaise, and milled grain products, such as wheat flours, corn products and rice.
Insitutional Activity: The institutional sentiment decreased to 1.08 in Q2 2016. Its down 0.14, from 1.22 in 2016Q1. The ratio dived, as 33 funds sold all Bunge Ltd shares owned while 123 reduced positions. 41 funds bought stakes while 127 increased positions. They now own 106.51 million shares or 8.39% less from 116.26 million shares in 2016Q1.
Connor Clark Lunn Mngmt owns 114,000 shares or 0.05% of their US portfolio. Vanguard Grp Inc has 11.88M shares for 0.04% of their US portfolio. Martingale Asset Mngmt Lp holds 0.03% or 31,584 shares in its portfolio. Mitsubishi Ufj And last reported 296,357 shares in the company. Stephens Inc Ar holds 0.01% of its portfolio in Bunge Ltd (NYSE:BG) for 3,833 shares. Acadian Asset Mngmt Lc accumulated 411,590 shares or 0.12% of the stock. Hbk Investments Limited Partnership has 11,601 shares for 0.01% of their US portfolio. Amp Capital Investors holds 0.05% or 131,213 shares in its portfolio. Advsrs Asset Mngmt accumulated 6,239 shares or 0.01% of the stock. Aviva Public Ltd Liability, a United Kingdom-based fund reported 84,073 shares. Cibc Asset holds 9,071 shares or 0% of its portfolio. Kcg Hldgs holds 33,395 shares or 0.04% of its portfolio. Td Asset Management Inc holds 0% of its portfolio in Bunge Ltd (NYSE:BG) for 22,041 shares. Metropolitan Life Ins New York, a New York-based fund reported 4,114 shares. Tiaa Cref Inv Mgmt Limited Co holds 0.03% or 659,515 shares in its portfolio.
Bunge Ltd (NYSE:BG) Ratings Coverage
Out of 6 analysts covering Bunge Limited (NYSE:BG), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. $93 is the highest target while $57 is the lowest. The $77.83 average target is 16.91% above today’s ($66.57) stock price. Bunge Limited has been the topic of 10 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of Bunge Ltd (NYSE:BG) has “Buy” rating given on Friday, April 29 by Citigroup. The stock of Bunge Ltd (NYSE:BG) earned “Buy” rating by Bank of America on Tuesday, August 2. TheStreet downgraded the stock to “Hold” rating in Monday, August 3 report. Credit Suisse upgraded it to “Outperform” rating and $85 target price in Tuesday, September 29 report. JP Morgan upgraded it to “Overweight” rating and $57 target price in Friday, February 12 report. The rating was upgraded by BMO Capital Markets on Tuesday, September 29 to “Outperform”.
Another recent and important Bunge Ltd (NYSE:BG) news was published by Forbes.com which published an article titled: “Ex-Dividend Reminder: Visa, United Technologies and Bunge” on November 14, 2016.
BG Company Profile
Bunge Limited, incorporated on May 18, 1995, is an agribusiness and food firm with integrated activities that stretch from the farm field to consumer foods. The Firm is an oilseed processor and producer of vegetable oils and protein meals; grain processor; seller of packaged vegetable oils across the world; producer and seller of wheat flours and bakery mixes, dry milled corn products and milled rice products, and producer of sugar and ethanol in Brazil, and global trader and merchandiser of sugar. The Firm operates through five divisions: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer.
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