Dimensional Fund Advisors LP Boosts Position in World Fuel Services Co. (NYSE:INT)

Dimensional Fund Advisors LP boosted its position in shares of World Fuel Services Co. (NYSE:INT – Get Rating) by 2.0% during the fourth quarter, Holdings Channel reports. The firm owned 4,298,233 shares of the oil and gas company’s stock after buying an additional 85,294 shares during the quarter. Dimensional Fund Advisors LP owned about 0.07% of World Fuel Services worth $117,471,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in INT. State Street Corp increased its stake in World Fuel Services by 15.6% in the second quarter. State Street Corp now owns 3,988,560 shares of the oil and gas company’s stock valued at $82,002,000 after purchasing an additional 538,300 shares during the last quarter. Invesco Ltd. increased its stake in World Fuel Services by 26.3% during the first quarter. Invesco Ltd. now owns 1,359,957 shares of the oil and gas company’s stock worth $36,774,000 after acquiring an additional 282,839 shares during the last quarter. Vanguard Group Inc. increased its stake in World Fuel Services by 3.6% during the first quarter. Vanguard Group Inc. now owns 6,986,709 shares of the oil and gas company’s stock worth $188,921,000 after acquiring an additional 243,764 shares during the last quarter. BlackRock Inc. increased its stake in World Fuel Services by 1.4% during the first quarter. BlackRock Inc. now owns 10,726,736 shares of the oil and gas company’s stock worth $290,052,000 after acquiring an additional 146,156 shares during the last quarter. Finally, Bahl & Gaynor Inc. increased its stake in World Fuel Services by 288.7% during the third quarter. Bahl & Gaynor Inc. now owns 168,085 shares of the oil and gas company’s stock worth $3,940,000 after acquiring an additional 124,837 shares during the last quarter. 90.79% of the stock is currently owned by hedge funds and other institutional investors.

World Fuel Services Stock Down 1.0 %

Shares of World Fuel Services stock opened at $23.48 on Friday. The company has a current ratio of 1.11, a quick ratio of 0.96 and a debt-to-equity ratio of 0.35. The business’s 50 day simple moving average is $24.40 and its 200-day simple moving average is $26.61. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 13.34, a PEG ratio of 2.19 and a beta of 1.26. World Fuel Services Co. has a twelve month low of $19.29 and a twelve month high of $30.65.

World Fuel Services (NYSE:INT – Get Rating) last issued its quarterly earnings results on Thursday, April 27th. The oil and gas company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. The company had revenue of $12.48 billion for the quarter, compared to analysts’ expectations of $13.53 billion. World Fuel Services had a return on equity of 6.30% and a net margin of 0.19%. During the same period last year, the firm earned $0.42 EPS. Equities research analysts forecast that World Fuel Services Co. will post 2.17 earnings per share for the current year.

World Fuel Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 21st. Stockholders of record on Thursday, April 6th were given a $0.14 dividend. The ex-dividend date was Wednesday, April 5th. This represents a $0.56 annualized dividend and a dividend yield of 2.39%. World Fuel Services’s dividend payout ratio (DPR) is presently 31.82%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on INT shares. TheStreet raised World Fuel Services from a “c+” rating to a “b-” rating in a research report on Thursday, April 27th. StockNews.com started coverage on World Fuel Services in a report on Thursday. They issued a “hold” rating for the company.

About World Fuel Services

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World Fuel Services Corp. engages in the distribution of fuel and related products and services in the aviation, marine, and land transportation industries. It operates through the following segments: Aviation, Land, and Marine. The Aviation segment supply fuel and service solutions to commercial airlines, second and third-tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed based operators, corporate fleets, fractional operators, and private aircraft.