World Fuel Services (NYSE:INT) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of World Fuel Services (NYSE:INTFree Report) in a research note released on Thursday. The firm issued a buy rating on the stock.

World Fuel Services Price Performance

World Fuel Services has a 12 month low of $19.29 and a 12 month high of $30.65.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Invesco Ltd. increased its holdings in shares of World Fuel Services by 2.2% in the third quarter. Invesco Ltd. now owns 3,503,126 shares of the company’s stock valued at $78,575,000 after purchasing an additional 74,600 shares during the period. Brandes Investment Partners LP increased its holdings in shares of World Fuel Services by 27.2% in the third quarter. Brandes Investment Partners LP now owns 1,522,759 shares of the company’s stock valued at $34,155,000 after purchasing an additional 325,917 shares during the period. Nomura Holdings Inc. grew its holdings in World Fuel Services by 1,574.1% during the third quarter. Nomura Holdings Inc. now owns 384,192 shares of the company’s stock worth $8,617,000 after acquiring an additional 361,243 shares during the period. Qube Research & Technologies Ltd grew its holdings in World Fuel Services by 79.6% during the third quarter. Qube Research & Technologies Ltd now owns 339,720 shares of the company’s stock worth $7,620,000 after acquiring an additional 150,516 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in World Fuel Services by 449.6% during the third quarter. Victory Capital Management Inc. now owns 261,801 shares of the company’s stock worth $5,872,000 after acquiring an additional 214,166 shares during the period.

World Fuel Services Company Profile

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World Kinect 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 offers fuel supply and comprehensive service solutions globally.

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