Boston Partners raised its position in shares of World Fuel Services Corporation (NYSE:INT) by 3.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,605,257 shares of the oil and gas company’s stock after acquiring an additional 95,877 shares during the period. Boston Partners owned approximately 3.80% of World Fuel Services Corporation worth $88,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of INT. Thrivent Financial For Lutherans raised its holdings in shares of World Fuel Services Corporation by 8.9% during the 1st quarter. Thrivent Financial For Lutherans now owns 13,140 shares of the oil and gas company’s stock worth $476,000 after acquiring an additional 1,070 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of World Fuel Services Corporation by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 5,809,270 shares of the oil and gas company’s stock worth $210,586,000 after acquiring an additional 57,993 shares in the last quarter. BlackRock Inc. raised its holdings in shares of World Fuel Services Corporation by 5,327.4% during the 1st quarter. BlackRock Inc. now owns 5,998,492 shares of the oil and gas company’s stock worth $217,445,000 after acquiring an additional 5,887,970 shares in the last quarter. KCG Holdings Inc. purchased a new stake in shares of World Fuel Services Corporation during the 1st quarter worth approximately $249,000. Finally, Amalgamated Bank raised its holdings in World Fuel Services Corporation by 3.1% during the 1st quarter. Amalgamated Bank now owns 10,980 shares of the oil and gas company’s stock valued at $398,000 after buying an additional 327 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Shares of World Fuel Services Corporation (INT) opened at $26.81 on Friday. World Fuel Services Corporation has a twelve month low of $26.59 and a twelve month high of $47.49. The firm has a market capitalization of $1,832.47, a price-to-earnings ratio of 17.15, a P/E/G ratio of 2.42 and a beta of 0.90. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.58.

World Fuel Services Corporation (NYSE:INT) last released its quarterly earnings results on Thursday, October 26th. The oil and gas company reported $0.60 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.60. World Fuel Services Corporation had a return on equity of 5.54% and a net margin of 0.08%. The company had revenue of $8.54 billion for the quarter, compared to analyst estimates of $8.19 billion. During the same quarter in the prior year, the firm posted $0.82 EPS. World Fuel Services Corporation’s quarterly revenue was up 15.4% compared to the same quarter last year. equities analysts forecast that World Fuel Services Corporation will post 2.24 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, November 6th. Investors of record on Monday, October 16th were issued a dividend of $0.06 per share. The ex-dividend date was Friday, October 13th. This represents a $0.24 annualized dividend and a yield of 0.90%. World Fuel Services Corporation’s payout ratio is presently 68.57%.

World Fuel Services Corporation announced that its board has authorized a stock buyback plan on Wednesday, October 4th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the oil and gas company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

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INT has been the topic of several recent research reports. BidaskClub upgraded World Fuel Services Corporation from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Zacks Investment Research lowered World Fuel Services Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 31st. Finally, Bank of America Corporation lowered World Fuel Services Corporation from a “neutral” rating to an “underperform” rating and decreased their price target for the company from $41.00 to $36.00 in a report on Tuesday, September 26th.

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

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