Daiwa Securities Group Inc. Invests $2.22 Million in World Fuel Services Corp (INT)

Daiwa Securities Group Inc. purchased a new stake in shares of World Fuel Services Corp (NYSE:INT) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 78,867 shares of the oil and gas company’s stock, valued at approximately $2,219,000. Daiwa Securities Group Inc. owned approximately 0.12% of World Fuel Services at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in INT. State of Alaska Department of Revenue purchased a new position in shares of World Fuel Services during the 4th quarter valued at $146,000. Salem Investment Counselors Inc. purchased a new position in shares of World Fuel Services during the 3rd quarter valued at $170,000. Weaver C. Barksdale & Associates Inc. grew its position in shares of World Fuel Services by 43.6% during the 4th quarter. Weaver C. Barksdale & Associates Inc. now owns 6,479 shares of the oil and gas company’s stock valued at $182,000 after purchasing an additional 1,966 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of World Fuel Services during the 2nd quarter valued at $195,000. Finally, TD Asset Management Inc. purchased a new position in shares of World Fuel Services during the 3rd quarter valued at $204,000. Hedge funds and other institutional investors own 89.61% of the company’s stock.

Several brokerages recently issued reports on INT. ValuEngine lowered shares of World Fuel Services from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Seaport Global Securities began coverage on shares of World Fuel Services in a research report on Friday, February 9th. They issued a “neutral” rating for the company. Finally, Zacks Investment Research upgraded shares of World Fuel Services from a “sell” rating to a “hold” rating in a research report on Tuesday, December 26th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $36.00.

World Fuel Services Corp (NYSE INT) opened at $26.00 on Thursday. World Fuel Services Corp has a 1 year low of $23.86 and a 1 year high of $45.68. The stock has a market cap of $1,693.85, a price-to-earnings ratio of 15.85, a P/E/G ratio of 1.96 and a beta of 0.87. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.63 and a quick ratio of 1.42.

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World Fuel Services 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.

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

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