World Fuel Services Corporation (INT) Shares Bought by Comerica Bank

Comerica Bank raised its position in World Fuel Services Corporation (NYSE:INT) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,908 shares of the oil and gas company’s stock after purchasing an additional 783 shares during the quarter. Comerica Bank owned 0.09% of World Fuel Services Corporation worth $2,380,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in World Fuel Services Corporation by 3.3% in the 1st quarter. JPMorgan Chase & Co. now owns 448,030 shares of the oil and gas company’s stock worth $16,242,000 after purchasing an additional 14,303 shares during the period. Sei Investments Co. raised its position in World Fuel Services Corporation by 151.3% in the 2nd quarter. Sei Investments Co. now owns 26,834 shares of the oil and gas company’s stock worth $1,032,000 after purchasing an additional 16,156 shares during the period. Credit Agricole S A raised its position in World Fuel Services Corporation by 199.4% in the 1st quarter. Credit Agricole S A now owns 9,164 shares of the oil and gas company’s stock worth $332,000 after purchasing an additional 6,103 shares during the period. Trexquant Investment LP purchased a new stake in World Fuel Services Corporation in the 1st quarter worth about $807,000. Finally, Legal & General Group Plc raised its position in World Fuel Services Corporation by 3.6% in the 2nd quarter. Legal & General Group Plc now owns 172,060 shares of the oil and gas company’s stock worth $6,615,000 after purchasing an additional 6,044 shares during the period. 89.66% of the stock is currently owned by institutional investors.

World Fuel Services Corporation (NYSE:INT) opened at 36.62 on Friday. The stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of 23.98 and a beta of 0.94. World Fuel Services Corporation has a 12 month low of $32.28 and a 12 month high of $47.49. The stock’s 50 day moving average is $34.29 and its 200-day moving average is $36.18.

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

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A number of research firms recently weighed in on INT. BidaskClub lowered shares of World Fuel Services Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Zacks Investment Research raised shares of World Fuel Services Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th.

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

World Fuel Services Corporation 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.

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

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