Airain ltd decreased its stake in World Fuel Services Corporation (NYSE:INT) by 3.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 459,067 shares of the oil and gas company’s stock after selling 14,914 shares during the period. World Fuel Services Corporation comprises about 0.8% of Airain ltd’s investment portfolio, making the stock its 16th largest position. Airain ltd owned 0.67% of World Fuel Services Corporation worth $17,651,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Teachers Advisors LLC boosted its stake in World Fuel Services Corporation by 16.2% in the fourth quarter. Teachers Advisors LLC now owns 185,486 shares of the oil and gas company’s stock valued at $8,516,000 after buying an additional 25,903 shares during the last quarter. Bank of Montreal Can boosted 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 valued at $3,979,000 after buying an additional 12,274 shares during the last quarter. Capstone Asset Management Co. boosted its stake in World Fuel Services Corporation by 4.5% in the first quarter. Capstone Asset Management Co. now owns 12,439 shares of the oil and gas company’s stock valued at $451,000 after buying an additional 540 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in World Fuel Services Corporation by 1.7% in the first quarter. Louisiana State Employees Retirement System now owns 17,700 shares of the oil and gas company’s stock valued at $642,000 after buying an additional 300 shares during the last quarter. Finally, Nationwide Fund Advisors boosted its stake in World Fuel Services Corporation by 0.5% in the first quarter. Nationwide Fund Advisors now owns 136,321 shares of the oil and gas company’s stock valued at $4,942,000 after buying an additional 656 shares during the last quarter. Hedge funds and other institutional investors own 91.80% of the company’s stock.

World Fuel Services Corporation (NYSE INT) traded up 1.74% on Friday, reaching $34.43. The company’s stock had a trading volume of 398,723 shares. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 22.55 and a beta of 0.93. World Fuel Services Corporation has a 52 week low of $32.28 and a 52 week high of $47.49. The firm’s 50 day moving average price is $35.82 and its 200-day moving average price is $36.79.

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

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INT has been the subject of several recent analyst reports. Zacks Investment Research cut World Fuel Services Corporation from a “hold” rating to a “sell” rating in a research note on Monday, May 1st. TheStreet cut World Fuel Services Corporation from a “b” rating to a “c” rating in a research note on Friday, May 5th. Finally, BidaskClub upgraded World Fuel Services Corporation from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 27th.

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

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.

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

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