Dupont Capital Management Corp sells 1,166 shares of World Fuel Services Co. (NYSE:INT)


Dupont Capital Management Corp reduced its stake in shares of World Fuel Services Co. (NYSE: INT – Get Rating) by 8.1% in Q1, the company said in its latest filing with the Securities and Exchange Commission (SEC). . The fund held 13,175 shares of the oil and gas company after selling 1,166 shares during the quarter. Dupont Capital Management Corp’s holdings in World Fuel Services were worth $356,000 when it last filed with the Securities and Exchange Commission (SEC).

Several other hedge funds also bought and sold shares of INT. Invesco Ltd. increased its position in World Fuel Services by 32.8% during the fourth quarter. Invesco Ltd. now owns 1,077,118 shares of the oil and gas company valued at $28,512,000 after purchasing an additional 266,081 shares in the last quarter. JPMorgan Chase & Co. increased its stake in World Fuel Services shares by 160.0% during the fourth quarter. JPMorgan Chase & Co. now owns 320,708 shares of the oil and gas company worth $8,489,000 after acquiring an additional 197,365 shares last quarter. State Street Corp increased its stake in shares of World Fuel Services by 5.7% during the fourth quarter. State Street Corp now owns 2,990,961 shares of the oil and gas company worth $79,518,000 after acquiring an additional 160,013 shares last quarter. Foundry Partners LLC purchased a new stock position in World Fuel Services during the first quarter for a value of approximately $4,229,000. Finally, Assenagon Asset Management SA increased its stake in the shares of World Fuel Services by 105.2% during the fourth quarter. Assenagon Asset Management SA now owns 266,756 shares in the oil and gas company worth $7,061,000 after acquiring an additional 136,761 shares last quarter. 90.97% of the shares are currently held by institutional investors.

Global trade in fuel services up 2.8%

NYSE:INT opened at $21.61 on Friday. The company has a fifty-day moving average of $23.06 and a 200-day moving average of $25.75. World Fuel Services Co. has a 52-week low of $19.29 and a 52-week high of $35.91. The company has a quick ratio of 0.98, a current ratio of 1.14 and a leverage ratio of 0.45. The company has a market capitalization of $1.36 billion, a P/E ratio of 16.88, a P/E/G ratio of 2.26 and a beta of 1.14.

World Fuel Services (NYSE:INT – Get Rating) last released its quarterly results on Thursday, April 28. The oil and gas company reported EPS of $0.42 for the quarter, beating consensus analyst estimates of $0.30 by $0.12. World Fuel Services posted a net margin of 0.21% and a return on equity of 4.76%. The company posted revenue of $12.46 billion in the quarter, versus analyst estimates of $9.92 billion. During the same period a year earlier, the company posted EPS of $0.33. On average, research analysts predict that World Fuel Services Co. will post 1.86 earnings per share for the current year.

World Fuel Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 1. Shareholders of record on Friday, June 3 received a dividend of $0.12. The ex-dividend date was Thursday, June 2. This represents an annualized dividend of $0.48 and a yield of 2.22%. World Fuel Services’ dividend payout ratio (DPR) is currently 37.50%.

Wall Street analysts predict growth

INT has been the subject of several research reports. Stifel Nicolaus moved World Fuel Services shares from a “hold” rating to a “buy” rating and set a price target of $35.00 on the stock in a Wednesday, May 18 research note. StockNews.com launched coverage on World Fuel Services stocks in a research note on Thursday, March 31. They have placed a “holding” rating on the stock.

About World Fuel Services

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World Fuel Services Corporation engages in the distribution of fuel and related products and services to the aviation, marine and land transportation industries worldwide. Its Aviation segment provides fuel and related products and services to commercial airlines, second and third tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed operators, fleets of company, fractional operators, private aircraft, United States and foreign governments. , intergovernmental organizations and military customers.

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Institutional ownership by quarter for World Fuel Services (NYSE:INT)



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