Jane Street Group LLC Invests $865,000 in World Fuel Services (INT)

Jane Street Group LLC acquired a new stake in shares of World Fuel Services (NYSE:INT) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 30,717 shares of the oil and gas company’s stock, valued at approximately $865,000.

Several other institutional investors also recently bought and sold shares of INT. Nationwide Fund Advisors raised its position in shares of World Fuel Services by 1.6% during the 3rd quarter. Nationwide Fund Advisors now owns 141,168 shares of the oil and gas company’s stock valued at $4,787,000 after buying an additional 2,181 shares in the last quarter. New York State Common Retirement Fund raised its position in shares of World Fuel Services by 3.4% during the 3rd quarter. New York State Common Retirement Fund now owns 266,343 shares of the oil and gas company’s stock valued at $9,032,000 after buying an additional 8,796 shares in the last quarter. TD Asset Management Inc. purchased a new stake in shares of World Fuel Services during the 3rd quarter valued at $204,000. Legal & General Group Plc raised its position in shares of World Fuel Services by 6.3% during the 3rd quarter. Legal & General Group Plc now owns 182,852 shares of the oil and gas company’s stock valued at $6,199,000 after buying an additional 10,792 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of World Fuel Services by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 541,541 shares of the oil and gas company’s stock valued at $18,202,000 after buying an additional 15,030 shares in the last quarter. Hedge funds and other institutional investors own 89.50% of the company’s stock.

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INT has been the topic of several research reports. Stifel Nicolaus lowered their price objective on shares of World Fuel Services from $46.00 to $40.00 and set a “buy” rating on the stock in a research report on Friday, February 23rd. TheStreet cut shares of World Fuel Services from a “c-” rating to a “d+” rating in a research report on Friday, February 23rd. ValuEngine cut shares of World Fuel Services from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. 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. Finally, Seaport Global Securities initiated coverage on shares of World Fuel Services in a research report on Friday, February 9th. They set a “neutral” rating on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $38.00.

Shares of NYSE:INT opened at $24.55 on Friday. The firm has a market capitalization of $1,660.66, a P/E ratio of 13.20, a price-to-earnings-growth ratio of 2.27 and a beta of 1.01. World Fuel Services has a 52 week low of $20.64 and a 52 week high of $40.16. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.26 and a current ratio of 1.45.

World Fuel Services (NYSE:INT) last issued its earnings results on Thursday, February 22nd. The oil and gas company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.36). The business had revenue of $8.87 billion during the quarter, compared to analysts’ expectations of $8.72 billion. World Fuel Services had a positive return on equity of 6.45% and a negative net margin of 0.51%. World Fuel Services’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.36 EPS. equities analysts forecast that World Fuel Services will post 2.17 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 6th. Investors of record on Friday, March 16th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date is Thursday, March 15th. World Fuel Services’s payout ratio is presently 12.90%.

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World Fuel Services Profile

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 offers fuel management; price risk management; ground handling; dispatch; and international trip planning services, such as flight plans, weather reports, and overflight permits.

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

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