Sei Investments Co. raised its position in World Fuel Services Corporation (NYSE:INT) by 151.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,834 shares of the oil and gas company’s stock after buying an additional 16,156 shares during the period. Sei Investments Co.’s holdings in World Fuel Services Corporation were worth $1,032,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the company. Bank of Montreal Can raised its stake in World Fuel Services Corporation by 12.6% in the first quarter. Bank of Montreal Can now owns 109,767 shares of the oil and gas company’s stock worth $3,979,000 after buying an additional 12,274 shares during the last quarter. JPMorgan Chase & Co. raised its stake in World Fuel Services Corporation by 3.3% in the first quarter. JPMorgan Chase & Co. now owns 448,030 shares of the oil and gas company’s stock worth $16,242,000 after buying an additional 14,303 shares during the last quarter. Credit Agricole S A raised its stake in World Fuel Services Corporation by 199.4% in the first quarter. Credit Agricole S A now owns 9,164 shares of the oil and gas company’s stock worth $332,000 after buying an additional 6,103 shares during the last quarter. Trexquant Investment LP acquired a new stake in World Fuel Services Corporation during the first quarter worth $807,000. Finally, TLP Group LLC acquired a new stake in World Fuel Services Corporation during the first quarter worth $329,000. 89.67% of the stock is currently owned by hedge funds and other institutional investors.

Shares of World Fuel Services Corporation (NYSE INT) opened at 34.54 on Friday. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 22.62 and a beta of 0.93. The firm’s 50-day moving average is $35.38 and its 200-day moving average is $36.47. World Fuel Services Corporation has a 12-month low of $32.28 and a 12-month high of $47.49.

World Fuel Services Corporation (NYSE:INT) last posted its quarterly earnings results on Thursday, July 27th. The oil and gas company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by $0.06. World Fuel Services Corporation had a return on equity of 5.60% and a net margin of 0.34%. The firm had revenue of $8.09 billion for the quarter, compared to the consensus estimate of $8.41 billion. During the same period in the previous year, the company posted $0.63 EPS. World Fuel Services Corporation’s quarterly revenue was up 21.9% compared to the same quarter last year. On average, equities analysts predict that World Fuel Services Corporation will post $2.28 EPS for the current year.

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A number of equities research analysts have weighed in on INT shares. Zacks Investment Research lowered shares of World Fuel Services Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 31st. BidaskClub raised shares of World Fuel Services Corporation from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Finally, TheStreet lowered shares of World Fuel Services Corporation from a “b” rating to a “c” rating in a report on Friday, May 5th.

In related news, EVP Robert Alexander Lake sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $35.00, for a total transaction of $52,500.00. Following the sale, the executive vice president now owns 42,302 shares of the company’s stock, valued at $1,480,570. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Carlos M. Velazquez sold 6,850 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $33.74, for a total value of $231,119.00. Following the sale, the senior vice president now directly owns 16,946 shares in the company, valued at approximately $571,758.04. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by corporate insiders.

World Fuel Services Corporation Company Profile

World Fuel Services Corporation is engaged in providing aviation, marine and land energy, logistics and technology solutions to customers and suppliers around the world. The Company operates through three segments: Aviation, Marine and Land. In its Aviation segment, the Company offers fuel and related products and services.

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

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