Teachers Advisors LLC raised its position in World Fuel Services Corporation (NYSE:INT) by 102.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 159,583 shares of the company’s stock after buying an additional 80,860 shares during the period. Teachers Advisors LLC’s holdings in World Fuel Services Corporation were worth $7,382,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Great Lakes Advisors LLC increased its position in World Fuel Services Corporation by 0.6% in the third quarter. Great Lakes Advisors LLC now owns 157,369 shares of the company’s stock worth $7,280,000 after buying an additional 1,016 shares during the last quarter. Bank of Montreal Can increased its position in World Fuel Services Corporation by 3.0% in the third quarter. Bank of Montreal Can now owns 88,548 shares of the company’s stock worth $4,097,000 after buying an additional 2,542 shares during the last quarter. Bank of New York Mellon Corp increased its position in World Fuel Services Corporation by 17.4% in the third quarter. Bank of New York Mellon Corp now owns 1,617,518 shares of the company’s stock worth $74,827,000 after buying an additional 239,932 shares during the last quarter. BlackRock Inc. increased its position in World Fuel Services Corporation by 46.3% in the third quarter. BlackRock Inc. now owns 88,736 shares of the company’s stock worth $4,105,000 after buying an additional 28,062 shares during the last quarter. Finally, BlackRock Fund Advisors increased its position in World Fuel Services Corporation by 3.3% in the third quarter. BlackRock Fund Advisors now owns 2,691,993 shares of the company’s stock worth $124,532,000 after buying an additional 85,700 shares during the last quarter. Institutional investors own 88.50% of the company’s stock.

Institutional Ownership by Quarter for World Fuel Services Corporation (NYSE:INT)

Shares of World Fuel Services Corporation (NYSE:INT) opened at 44.43 on Friday. The company has a 50 day moving average of $45.36 and a 200-day moving average of $45.38. The firm has a market cap of $3.13 billion, a PE ratio of 16.62 and a beta of 1.12. World Fuel Services Corporation has a 12-month low of $35.13 and a 12-month high of $51.01.

World Fuel Services Corporation (NYSE:INT) last announced its earnings results on Thursday, October 27th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.12. World Fuel Services Corporation had a net margin of 0.68% and a return on equity of 10.92%. The business had revenue of $7.40 billion for the quarter, compared to analyst estimates of $7.11 billion. During the same quarter in the previous year, the firm posted $0.86 earnings per share. World Fuel Services Corporation’s revenue was down 5.3% compared to the same quarter last year. Equities research analysts forecast that World Fuel Services Corporation will post $2.50 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, January 6th. Investors of record on Friday, December 16th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date of this dividend was Wednesday, December 14th. World Fuel Services Corporation’s dividend payout ratio (DPR) is currently 9.49%.

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A number of research firms recently weighed in on INT. Zacks Investment Research raised shares of World Fuel Services Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, September 28th. Stifel Nicolaus raised shares of World Fuel Services Corporation from a “hold” rating to a “buy” rating and set a $48.00 price objective on the stock in a report on Friday, November 4th. They noted that the move was a valuation call. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. World Fuel Services Corporation presently has an average rating of “Hold” and an average price target of $49.50.

World Fuel Services Corporation Company Profile

World Fuel Services Corporation is a fuel logistics, transaction management and payment processing company. The Company operates through three segments: aviation, marine and land. The aviation segment offers fuel and related services to commercial airlines second and third-tier airlines, cargo carriers, regional carriers, airports, fixed based operators, corporate fleets, fractional operators, private aircraft and military fleets.

5 Day Chart for NYSE:INT

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