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

by · The Cerbat Gem

StockNews.com began coverage on shares of World Fuel Services (NYSE:INTFree Report) in a report published on Saturday morning. The brokerage issued a buy rating on the stock.

World Fuel Services Price Performance

World Fuel Services has a 1 year low of $19.29 and a 1 year high of $30.65.

Institutional Trading of World Fuel Services

Institutional investors and hedge funds have recently made changes to their positions in the company. Parkside Financial Bank & Trust increased its stake in World Fuel Services by 20.5% in the 3rd quarter. Parkside Financial Bank & Trust now owns 3,026 shares of the company’s stock valued at $68,000 after purchasing an additional 515 shares in the last quarter. Nordea Investment Management AB boosted its holdings in World Fuel Services by 0.4% in the third quarter. Nordea Investment Management AB now owns 174,943 shares of the company’s stock valued at $3,950,000 after acquiring an additional 691 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in World Fuel Services by 9.3% in the third quarter. Acadian Asset Management LLC now owns 25,358 shares of the company’s stock valued at $567,000 after acquiring an additional 2,165 shares during the last quarter. Versor Investments LP lifted its stake in shares of World Fuel Services by 29.5% during the third quarter. Versor Investments LP now owns 14,052 shares of the company’s stock worth $315,000 after purchasing an additional 3,200 shares in the last quarter. Finally, Trexquant Investment LP lifted its stake in shares of World Fuel Services by 26.6% during the third quarter. Trexquant Investment LP now owns 23,951 shares of the company’s stock worth $537,000 after purchasing an additional 5,035 shares in the last quarter.

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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