Credit Agricole S A Continues to Hold Stake in World Fuel Services Corp (INT)

Credit Agricole S A held its position in World Fuel Services Corp (NYSE:INT) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,061 shares of the oil and gas company’s stock at the end of the fourth quarter. Credit Agricole S A’s holdings in World Fuel Services Corp were worth $141,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. FMR LLC increased its position in World Fuel Services Corp 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. Russell Investments Group Ltd. acquired a new position in World Fuel Services Corp during the fourth quarter worth $23,171,000. Bank of New York Mellon Corp increased its position in World Fuel Services Corp by 17.4% in the third quarter. Bank of New York Mellon Corp now owns 1,617,518 shares of the oil and gas company’s stock worth $74,827,000 after buying an additional 239,932 shares in the last quarter. Dimensional Fund Advisors LP increased its position in World Fuel Services Corp 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. Finally, Boston Partners increased its position in World Fuel Services Corp by 5.3% in the third quarter. Boston Partners now owns 1,834,001 shares of the oil and gas company’s stock worth $84,840,000 after buying an additional 92,230 shares in the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.

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

Shares of World Fuel Services Corp (NYSE:INT) traded up 1.36% on Friday, reaching $36.54. 574,143 shares of the company traded hands. World Fuel Services Corp has a 52-week low of $34.79 and a 52-week high of $50.44. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of 20.19 and a beta of 1.09. The stock has a 50 day moving average of $36.09 and a 200 day moving average of $41.99.

World Fuel Services Corp (NYSE:INT) last announced its quarterly earnings results on Tuesday, February 14th. The oil and gas company reported $0.21 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by $0.39. World Fuel Services Corp had a net margin of 0.68% and a return on equity of 10.92%. The company had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.48 billion. During the same quarter in the prior year, the company earned $0.88 earnings per share. The company’s quarterly revenue was up 15.7% on a year-over-year basis. On average, analysts expect that World Fuel Services Corp will post $2.69 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 7th. Investors of record on Friday, March 17th were given 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 was Wednesday, March 15th. World Fuel Services Corp’s dividend payout ratio (DPR) is 9.49%.

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Separately, Zacks Investment Research upgraded shares of World Fuel Services Corp from a “sell” rating to a “hold” rating in a report on Tuesday, December 27th.

World Fuel Services Corp 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.

5 Day Chart for NYSE:INT

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