Bunge Limited (BG) Shareholder Bradley Foster & Sargent Has Increased Its Holding by $669,702 as Stock Price Declined; As Intl. Business Machines (IBM) Market Valuation Declined, Nbt Bank N A Has Lowered Its Position

June 21, 2018 - By Adrian Mccoy

Bunge Limited (NYSE:BG) Logo

Bradley Foster & Sargent Inc increased its stake in Bunge Limited (BG) by 166.05% based on its latest 2018Q1 regulatory filing with the SEC. Bradley Foster & Sargent Inc bought 9,174 shares as the company’s stock declined 7.94% with the market. The institutional investor held 14,699 shares of the packaged foods company at the end of 2018Q1, valued at $1.09 million, up from 5,525 at the end of the previous reported quarter. Bradley Foster & Sargent Inc who had been investing in Bunge Limited for a number of months, seems to be bullish on the $10.05B market cap company. The stock increased 1.49% or $1.05 during the last trading session, reaching $71.32. About 1.01M shares traded. Bunge Limited (NYSE:BG) has declined 15.96% since June 21, 2017 and is downtrending. It has underperformed by 28.53% the S&P500. Some Historical BG News: 14/05/2018 – Bunge Canada: Closing Canola Prices – May 14; 26/03/2018 – Bunge Canada: Closing Canola Prices – Mar 26; 10/05/2018 – Bunge Canada: Closing Canola Prices – May 10; 05/03/2018 – Continental Grain reveals stake in Bunge; 03/05/2018 – BUNGE – CONCURRENTLY WITH ENTRY INTO REVOLVING CREDIT FACILITY, SOME BRAZILIAN SUGAR MILLING UNITS HAVE ENTERED SECURED PRE-EXPORT TERM LOAN FACILITY; 01/04/2018 – Bus World (PH): Bunge struggles to sell sugar trading operation; 02/05/2018 – Bunge Sees 2018 Net Interest Expense $255M-$275M; 16/05/2018 – BUNGE WILL BE WILLING TO PURSUE BETTER INDUSTRY STRUCTURE: CEO; 02/05/2018 – Bunge: Expect Significant Growth in Earnings, Returns in 2018; 16/04/2018 – Bunge Canada: Closing Canola Prices – Apr 16

Nbt Bank N A decreased its stake in Intl. Business Machines Corp (IBM) by 5.51% based on its latest 2018Q1 regulatory filing with the SEC. Nbt Bank N A sold 2,417 shares as the company’s stock declined 9.42% with the market. The institutional investor held 41,423 shares of the computer manufacturing company at the end of 2018Q1, valued at $6.36M, down from 43,840 at the end of the previous reported quarter. Nbt Bank N A who had been investing in Intl. Business Machines Corp for a number of months, seems to be less bullish one the $129.93 billion market cap company. The stock decreased 0.76% or $1.09 during the last trading session, reaching $141.54. About 1.68M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 6.24% since June 21, 2017 and is downtrending. It has underperformed by 18.81% the S&P500. Some Historical IBM News: 08/03/2018 – WhiteSource Recognized for Rapid Growth in 2017, Breaking Top 30 on List of Top 1000 SaaS Companies Worldwide; 18/04/2018 – With Wednesday’s dip, IBM is down 12 percent on the 12-month period; 18/04/2018 – Tech Today: IBM Perplexes, Intel Changes, Chip Equipment Tanks — Barron’s Blog; 15/05/2018 – Veridium to Use IBM Blockchain Technology to Create Social and Environmental Impact Tokens; 17/04/2018 – IBM – OPERATING (NON-GAAP) PRE-TAX INCOME WAS $1.7 BILLION AND OPERATING (NON-GAAP) NET INCOME WAS $2.3 BILLION IN QTR; 26/04/2018 – Jewelry companies team up with IBM on blockchain platform; 17/04/2018 – Mainframe computers should help IBM extend the growth streak; 20/03/2018 – IBM Upgrades AI Tools Available on Its Cloud Storage Service; 17/04/2018 – $IBM numbers. Down 5% after hours on the report; 17/04/2018 – IBM earnings beat: $2.45 per share, vs $2.42 expected EPS

Since January 31, 2018, it had 1 buying transaction, and 2 selling transactions for $2.69 million activity. The insider Gherson Diane J sold $780,000. 13,000 shares valued at $2.01M were sold by Clementi Erich on Friday, February 23.

Nbt Bank N A, which manages about $611.14 million US Long portfolio, upped its stake in Ishares Russell 2000 Etf (IWM) by 2,136 shares to 66,337 shares, valued at $10.07M in 2018Q1, according to the filing. It also increased its holding in Ishares Msci Emerging Mkt Etf (EEM) by 6,687 shares in the quarter, for a total of 165,636 shares, and has risen its stake in Flexshares Mstar Glbl Upstrm N (GUNR).

Investors sentiment increased to 1.11 in 2018 Q1. Its up 0.08, from 1.03 in 2017Q4. It increased, as 60 investors sold IBM shares while 560 reduced holdings. 117 funds opened positions while 570 raised stakes. 501.15 million shares or 0.58% less from 504.07 million shares in 2017Q4 were reported. Carnegie Asset Mgmt Lc reported 25,842 shares. Cramer Rosenthal Mcglynn Lc has 4,065 shares. Ubs Asset Mgmt Americas Inc holds 0% or 3.60 million shares in its portfolio. Cambridge Research Advsr Inc holds 0.25% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 142,228 shares. Ghp Inv Advisors holds 0.28% in International Business Machines Corporation (NYSE:IBM) or 13,094 shares. Moreover, Hartford Investment Mgmt Commerce has 0.55% invested in International Business Machines Corporation (NYSE:IBM) for 179,845 shares. Guyasuta Investment Advisors reported 109,315 shares. Old Point Trust And Financial Serv N A accumulated 0.76% or 8,805 shares. Gamble Jones Invest Counsel invested in 0.33% or 21,806 shares. Moreover, Eagle Mgmt Ltd Limited Liability Company has 1.44% invested in International Business Machines Corporation (NYSE:IBM). Oregon-based Oregon Employees Retirement Fund has invested 0.71% in International Business Machines Corporation (NYSE:IBM). Lbmc Inv Advsr Llc holds 1,950 shares or 0.05% of its portfolio. Ally Financial accumulated 46,000 shares or 1.06% of the stock. Janney Capital Mgmt Ltd Co stated it has 0.01% in International Business Machines Corporation (NYSE:IBM). Blue Chip Prns stated it has 29,709 shares or 1.26% of all its holdings.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines had 129 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, October 20 by Stifel Nicolaus. The stock of International Business Machines Corporation (NYSE:IBM) earned “Neutral” rating by Goldman Sachs on Tuesday, October 18. BMO Capital Markets maintained the shares of IBM in report on Sunday, November 26 with “Hold” rating. Morgan Stanley upgraded the shares of IBM in report on Thursday, February 18 to “Overweight” rating. On Tuesday, August 22 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The stock of International Business Machines Corporation (NYSE:IBM) earned “Market Perform” rating by Bernstein on Tuesday, April 19. The rating was maintained by Drexel Hamilton with “Buy” on Tuesday, July 19. The firm has “Buy” rating given on Wednesday, July 19 by Bank of America. The rating was maintained by Societe Generale with “Sell” on Friday, January 19. On Friday, July 21 the stock rating was maintained by Argus Research with “Buy”.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on July, 17. They expect $3.03 EPS, up 2.02% or $0.06 from last year’s $2.97 per share. IBM’s profit will be $2.78B for 11.68 P/E if the $3.03 EPS becomes a reality. After $2.45 actual EPS reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 23.67% EPS growth.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “IBM: A Long Work-In-Progress” on June 14, 2018, also Seekingalpha.com with their article: “IBM: Unimpressive And Overpriced” published on June 05, 2018, Gurufocus.com published: “Risk Reward With International Business Machines” on June 20, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM: Not Worth It” published on June 14, 2018 as well as Fool.com‘s news article titled: “3 Dividend Stocks That Pay You More Than IBM Does” with publication date: June 07, 2018.

Among 11 analysts covering Bunge Limited (NYSE:BG), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Bunge Limited had 37 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets on Monday, June 12 with “Buy”. Piper Jaffray maintained Bunge Limited (NYSE:BG) rating on Friday, October 6. Piper Jaffray has “Buy” rating and $86.0 target. The rating was maintained by Piper Jaffray on Friday, July 14 with “Buy”. The rating was downgraded by JP Morgan to “Underweight” on Thursday, April 6. The rating was downgraded by Citigroup to “Neutral” on Thursday, September 28. The company was upgraded on Thursday, February 15 by Stephens. The firm has “Neutral” rating given on Friday, May 5 by JP Morgan. Piper Jaffray maintained Bunge Limited (NYSE:BG) rating on Monday, September 4. Piper Jaffray has “Buy” rating and $86.0 target. The firm earned “Buy” rating on Wednesday, March 7 by J.P. Morgan. The firm has “Buy” rating by Citigroup given on Wednesday, July 12.

Since June 4, 2018, it had 0 insider buys, and 1 insider sale for $289,777 activity.

More news for Bunge Limited (NYSE:BG) were recently published by: Seekingalpha.com, which released: “Report: Rumor has Glencore taking a shine to Bunge for potential bid” on June 21, 2018. Streetinsider.com‘s article titled: “Short-sellers sense an opportunity as China trade tensions brew” and published on June 20, 2018 is yet another important article.

Bradley Foster & Sargent Inc, which manages about $2.48B and $2.64 billion US Long portfolio, decreased its stake in Merck (NYSE:MRK) by 48,567 shares to 649,236 shares, valued at $35.36 million in 2018Q1, according to the filing. It also reduced its holding in Ss & C Technologies (NASDAQ:SSNC) by 7,599 shares in the quarter, leaving it with 99,200 shares, and cut its stake in Us Bancorp (NYSE:USB).

Investors sentiment increased to 1.15 in Q1 2018. Its up 0.26, from 0.89 in 2017Q4. It improved, as 40 investors sold BG shares while 116 reduced holdings. 66 funds opened positions while 113 raised stakes. 108.36 million shares or 0.61% more from 107.71 million shares in 2017Q4 were reported. State Street Corporation reported 3.70M shares. Kbc Group Incorporated Nv accumulated 13,168 shares. Jacobs Levy Equity Mgmt Inc has invested 0.45% in Bunge Limited (NYSE:BG). Teacher Retirement Systems Of Texas reported 262,510 shares. Burren Cap Limited owns 25,050 shares. Cwm Limited Company has 66 shares. Japan-based Nomura Asset has invested 0.02% in Bunge Limited (NYSE:BG). American Group Incorporated owns 2,938 shares for 0% of their portfolio. Becker Cap Management reported 435,458 shares stake. Hussman Strategic Advsrs Incorporated invested 0.51% of its portfolio in Bunge Limited (NYSE:BG). The Pennsylvania-based Glenmede Trust Com Na has invested 0% in Bunge Limited (NYSE:BG). Grantham Mayo Van Otterloo & Company Ltd Limited Liability Company holds 0.14% of its portfolio in Bunge Limited (NYSE:BG) for 306,100 shares. Ascend Cap Ltd invested 0.12% of its portfolio in Bunge Limited (NYSE:BG). First Fincl In reported 370 shares. D E Shaw has 178,284 shares for 0.02% of their portfolio.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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