Stifel Financial Corp cut its position in World Fuel Services Corporation (NYSE:INT) by 45.9% during the first quarter, Holdings Channel reports. The institutional investor owned 34,319 shares of the oil and gas company’s stock after selling 29,170 shares during the period. Stifel Financial Corp’s holdings in World Fuel Services Corporation were worth $1,250,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC boosted its position in World Fuel Services Corporation by 8.0% in the fourth quarter. FMR LLC now owns 8,681,673 shares of the oil and gas company’s stock worth $398,576,000 after buying an additional 644,392 shares in the last quarter. Janus Capital Management LLC boosted its position in World Fuel Services Corporation by 7.2% in the fourth quarter. Janus Capital Management LLC now owns 2,633,824 shares of the oil and gas company’s stock worth $120,919,000 after buying an additional 175,910 shares in the last quarter. Cooke & Bieler LP boosted its position in World Fuel Services Corporation by 2.4% in the first quarter. Cooke & Bieler LP now owns 2,459,844 shares of the oil and gas company’s stock worth $89,169,000 after buying an additional 58,528 shares in the last quarter. Boston Partners boosted its position in World Fuel Services Corporation by 25.1% in the first quarter. Boston Partners now owns 2,343,605 shares of the oil and gas company’s stock worth $84,955,000 after buying an additional 470,306 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in World Fuel Services Corporation by 10.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,255,848 shares of the oil and gas company’s stock worth $57,656,000 after buying an additional 123,505 shares in the last quarter. 92.06% of the stock is owned by institutional investors and hedge funds.

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

World Fuel Services Corporation (INT) opened at 36.07 on Friday. World Fuel Services Corporation has a 12-month low of $34.64 and a 12-month high of $49.38. The stock has a market cap of $2.49 billion, a PE ratio of 23.76 and a beta of 0.97. The firm has a 50 day moving average of $36.70 and a 200-day moving average of $39.86.

World Fuel Services Corporation (NYSE:INT) last issued its earnings results on Thursday, April 27th. The oil and gas company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by $0.07. World Fuel Services Corporation had a net margin of 0.35% and a return on equity of 5.41%. The company had revenue of $8.19 billion during the quarter, compared to analyst estimates of $7.83 billion. During the same quarter in the previous year, the company posted $0.77 EPS. The company’s quarterly revenue was up 57.9% on a year-over-year basis. On average, analysts expect that World Fuel Services Corporation will post $2.60 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, July 7th. Stockholders of record on Friday, June 9th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend is Wednesday, June 7th. World Fuel Services Corporation’s payout ratio is 15.79%.

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INT has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of World Fuel Services Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, April 19th. TheStreet cut shares of World Fuel Services Corporation from a “b” rating to a “c” rating in a report on Friday, May 5th.

In related news, Director Myles Klein sold 13,000 shares of the stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $36.53, for a total transaction of $474,890.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Carlos M. Velazquez sold 1,286 shares of the stock in a transaction on Friday, May 12th. The stock was sold at an average price of $37.65, for a total transaction of $48,417.90. Following the sale, the senior vice president now owns 20,432 shares of the company’s stock, valued at approximately $769,264.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 21,335 shares of company stock valued at $788,467. Company insiders own 2.30% of the company’s stock.

About World Fuel Services Corporation

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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