World Fuel Services (NYSE:INT) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of World Fuel Services (NYSE:INT) in a research report released on Saturday morning. The firm issued a buy rating on the stock.

World Fuel Services Trading Up 0.7 %

NYSE INT opened at $24.26 on Friday. The stock’s 50-day simple moving average is $24.26. World Fuel Services has a twelve month low of $19.29 and a twelve month high of $30.65.

Institutional Investors Weigh In On World Fuel Services

A number of institutional investors have recently bought and sold shares of the stock. Parkside Financial Bank & Trust raised its stake in World Fuel Services by 20.5% during the third quarter. Parkside Financial Bank & Trust now owns 3,026 shares of the company’s stock worth $68,000 after purchasing an additional 515 shares during the period. Verity Asset Management Inc. acquired a new stake in shares of World Fuel Services during the 3rd quarter worth $277,000. WINTON GROUP Ltd purchased a new position in shares of World Fuel Services in the 3rd quarter worth $288,000. Versor Investments LP boosted its holdings in World Fuel Services by 29.5% in the third quarter. Versor Investments LP now owns 14,052 shares of the company’s stock valued at $315,000 after acquiring an additional 3,200 shares during the last quarter. Finally, Trexquant Investment LP grew its position in World Fuel Services by 26.6% during the third quarter. Trexquant Investment LP now owns 23,951 shares of the company’s stock valued at $537,000 after acquiring an additional 5,035 shares during the period.

World Fuel Services Company Profile

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.