Taube Hodson Stonex Partners Llp buys $25,408,872 stake in Bunge Ltd (BG)

Bunge Ltd (BG) : Taube Hodson Stonex Partners Llp scooped up 26,630 additional shares in Bunge Ltd during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 18, 2016. The investment management firm now holds a total of 424,259 shares of Bunge Ltd which is valued at $25,408,872.Bunge Ltd makes up approximately 4.76% of Taube Hodson Stonex Partners Llp’s portfolio.

Bunge Ltd opened for trading at $59 and hit $59.9 on the upside on Friday, eventually ending the session at $59.89, with a gain of 0.77% or 0.46 points. The heightened volatility saw the trading volume jump to 14,30,677 shares. Company has a market cap of $8,443 M.

Other Hedge Funds, Including , Joel Isaacson added BG to its portfolio by purchasing 500 company shares during the most recent quarter which is valued at $29,945. Bunge Ltd makes up approx 0.01% of Joel Isaacson’s portfolio.Acadian Asset Management reduced its stake in BG by selling 1,161,676 shares or 44.13% in the most recent quarter. The Hedge Fund company now holds 1,470,442 shares of BG which is valued at $84,565,119. Bunge Ltd makes up approx 0.42% of Acadian Asset Management’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in BG in the latest quarter, The investment management firm added 3,353 additional shares and now holds a total of 44,205 shares of Bunge Ltd which is valued at $2,542,230. Bunge Ltd makes up approx 0.06% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.Capstone Asset Management Co boosted its stake in BG in the latest quarter, The investment management firm added 230 additional shares and now holds a total of 5,075 shares of Bunge Ltd which is valued at $291,863. Bunge Ltd makes up approx 0.01% of Capstone Asset Management Co’s portfolio.Fruth Investment Management reduced its stake in BG by selling 300 shares or 1.3% in the most recent quarter. The Hedge Fund company now holds 22,815 shares of BG which is valued at $1,280,834. Bunge Ltd makes up approx 0.65% of Fruth Investment Management’s portfolio.

On the company’s financial health, Bunge Ltd reported $1.49 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Feb 11, 2016. Analyst had a consensus of $1.56. The company had revenue of $11133.00 million for the quarter, compared to analysts expectations of $11798.46 million. The company’s revenue was down -15.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.12 EPS.

Investors should note that on Mar 1, 2016, Bunge Ltd announced a cash dividend of $0.3800. The company’s management has announced May 17, 2016 as the ex-dividend date and fixed the record date on May 19, 2016. The payable date has been fixed on Jun 2, 2016.

Many Wall Street Analysts have commented on Bunge Ltd. Bunge Ltd was Downgraded by JP Morgan to ” Neutral” on Apr 22, 2016. Bunge Ltd was Upgraded by JP Morgan to ” Overweight” on Feb 12, 2016.

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: The Agribusiness segment is involved in the purchase storage transport processing and sale of agricultural commodities and commodity products. Edible oil products and milling products segments include businesses that produce and sell edible oil based products including oils shortenings margarines and mayonnaise and milled grain products such as wheat flours corn-based products and rice. The sugar and bioenergy segment produces and sells sugar and ethanol derived from sugarcane as well as energy derived from their production process through its operations in Brazil. The fertilizer segment is involved in producing blending and distributing fertilizer products for the agricultural industry in South America with assets and operations primarily in Argentina and port facilities in Brazil and Argentina.

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