Mutual of America Capital Management LLC Purchases 472 Shares of World Fuel Services Co. (NYSE:INT)

Mutual of America Capital Management LLC lifted its position in shares of World Fuel Services Co. (NYSE:INTGet Rating) by 5.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,102 shares of the oil and gas company’s stock after purchasing an additional 472 shares during the period. Mutual of America Capital Management LLC’s holdings in World Fuel Services were worth $246,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC bought a new position in World Fuel Services during the 1st quarter worth $35,000. CIBC Asset Management Inc increased its stake in World Fuel Services by 6.6% during the 4th quarter. CIBC Asset Management Inc now owns 7,970 shares of the oil and gas company’s stock worth $211,000 after acquiring an additional 495 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in World Fuel Services by 28.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,071 shares of the oil and gas company’s stock worth $214,000 after acquiring an additional 1,798 shares during the period. Investors Research Corp increased its stake in World Fuel Services by 17.0% during the 1st quarter. Investors Research Corp now owns 8,250 shares of the oil and gas company’s stock worth $223,000 after acquiring an additional 1,200 shares during the period. Finally, Meritage Portfolio Management bought a new position in World Fuel Services during the 1st quarter worth $230,000. Institutional investors own 90.97% of the company’s stock.

World Fuel Services Trading Down 0.1 %

Shares of INT stock opened at $27.70 on Tuesday. The stock’s fifty day moving average price is $22.98 and its two-hundred day moving average price is $25.40. The company has a market cap of $1.75 billion, a PE ratio of 19.93, a P/E/G ratio of 2.73 and a beta of 1.29. World Fuel Services Co. has a fifty-two week low of $19.29 and a fifty-two week high of $35.91. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.98 and a current ratio of 1.16.

World Fuel Services (NYSE:INTGet Rating) last issued its earnings results on Thursday, July 28th. The oil and gas company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.12. World Fuel Services had a return on equity of 4.82% and a net margin of 0.18%. During the same period in the prior year, the firm posted $0.39 EPS. Equities analysts predict that World Fuel Services Co. will post 2.03 EPS for the current fiscal year.

World Fuel Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 1st. Shareholders of record on Friday, June 3rd were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend was Thursday, June 2nd. World Fuel Services’s dividend payout ratio is presently 34.53%.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus upgraded World Fuel Services from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research note on Wednesday, May 18th.

World Fuel Services Company Profile

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World Fuel Services Corporation engages in the distribution of fuel and related products and services in the aviation, marine and land transportation industries worldwide. Its Aviation segment supplies fuel and related products and services to commercial airlines, second and third tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed based operators, corporate fleets, fractional operators, private aircraft, the U.S., 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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