Great Lakes Advisors LLC boosted its stake in World Fuel Services Corp. (NYSE:INT) by 0.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,369 shares of the company’s stock after buying an additional 1,016 shares during the period. Great Lakes Advisors LLC owned about 0.22% of World Fuel Services Corp. worth $7,280,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Metropolitan Life Insurance Co. NY raised its position in World Fuel Services Corp. by 2.9% in the first quarter. Metropolitan Life Insurance Co. NY now owns 64,804 shares of the company’s stock valued at $3,148,000 after buying an additional 1,831 shares in the last quarter. Panagora Asset Management Inc. raised its position in World Fuel Services Corp. by 4,012.4% in the first quarter. Panagora Asset Management Inc. now owns 197,394 shares of the company’s stock valued at $9,589,000 after buying an additional 192,594 shares in the last quarter. New England Research & Management Inc. purchased a new position in World Fuel Services Corp. during the second quarter valued at about $280,000. CenturyLink Investment Management Co raised its position in World Fuel Services Corp. by 120.3% in the second quarter. CenturyLink Investment Management Co now owns 30,366 shares of the company’s stock valued at $1,442,000 after buying an additional 16,585 shares in the last quarter. Finally, Alpha Windward LLC raised its position in World Fuel Services Corp. by 1.9% in the second quarter. Alpha Windward LLC now owns 9,187 shares of the company’s stock valued at $436,000 after buying an additional 169 shares in the last quarter. 88.58% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of World Fuel Services Corp. (NYSE:INT) traded up 0.41% during midday trading on Wednesday, hitting $44.12. 257,049 shares of the stock were exchanged. World Fuel Services Corp. has a 12 month low of $35.13 and a 12 month high of $51.01. The stock has a 50 day moving average price of $43.78 and a 200-day moving average price of $45.33. The company has a market cap of $3.11 billion, a PE ratio of 16.50 and a beta of 1.06.

World Fuel Services Corp. (NYSE:INT) last released 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. The company had revenue of $7.40 billion for the quarter, compared to analyst estimates of $7.11 billion. World Fuel Services Corp. had a net margin of 0.68% and a return on equity of 10.92%. The firm’s quarterly revenue was down 5.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.86 EPS. On average, analysts predict that World Fuel Services Corp. will post $2.50 EPS for the current year.

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Several equities analysts have issued reports on INT shares. Zacks Investment Research lowered shares of World Fuel Services Corp. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 2nd. Stifel Nicolaus started coverage on shares of World Fuel Services Corp. in a report on Tuesday, August 23rd. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $49.50.

About World Fuel Services Corp.

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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