World Fuel Services Corporation (NYSE:INT) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

A number of other equities research analysts also recently commented on the company. Zacks Investment Research upgraded World Fuel Services Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, April 19th. TheStreet downgraded World Fuel Services Corporation from a “b” rating to a “c” rating in a research report on Friday, May 5th.

World Fuel Services Corporation (NYSE:INT) traded up 0.98% during mid-day trading on Thursday, reaching $34.05. The company had a trading volume of 426,994 shares. The stock has a 50 day moving average of $37.48 and a 200 day moving average of $38.06. World Fuel Services Corporation has a 52 week low of $32.28 and a 52 week high of $47.49. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 22.30 and a beta of 0.93.

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

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In other World Fuel Services Corporation news, Director Ken Bakshi sold 3,049 shares of World Fuel Services Corporation stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $38.05, for a total value of $116,014.45. Following the sale, the director now owns 35,726 shares in the company, valued at $1,359,374.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Robert Alexander Lake sold 1,500 shares of World Fuel Services Corporation stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $37.83, for a total value of $56,745.00. Following the completion of the sale, the executive vice president now owns 48,137 shares in the company, valued at approximately $1,821,022.71. The disclosure for this sale can be found here. Insiders sold 5,835 shares of company stock worth $221,177 in the last 90 days. Company insiders own 2.30% of the company’s stock.

Several large investors have recently bought and sold shares of the stock. Boston Partners increased its stake 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 valued at $84,955,000 after buying an additional 470,306 shares in the last quarter. LSV Asset Management increased its stake in World Fuel Services Corporation by 35.1% in the first quarter. LSV Asset Management now owns 456,700 shares of the oil and gas company’s stock valued at $16,555,000 after buying an additional 118,600 shares in the last quarter. Great West Life Assurance Co. Can increased its stake in World Fuel Services Corporation by 1.9% in the first quarter. Great West Life Assurance Co. Can now owns 59,788 shares of the oil and gas company’s stock valued at $2,166,000 after buying an additional 1,123 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in World Fuel Services Corporation during the first quarter valued at about $2,646,000. Finally, Oregon Public Employees Retirement Fund increased its stake in World Fuel Services Corporation by 1.2% in the first quarter. Oregon Public Employees Retirement Fund now owns 24,895 shares of the oil and gas company’s stock valued at $902,000 after buying an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 90.64% of the company’s stock.

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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