<div id="readability-page-1"><p>Intech Investment Management LLC raised its position in  World Kinect Corporation (NYSE:WKC - Free Report) by 32.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 62,633 shares of the company's stock after acquiring an additional 15,196 shares during the period. Intech Investment Management LLC owned approximately 0.11% of World Kinect worth $1,776,000 as of its most recent filing with the SEC.</p><ul><li>Initiated Dividends At World Fuel Services, Are They Sustainable?</li></ul><p>Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Creative Planning bought a new position in shares of  World Kinect in the 2nd quarter worth $269,000.  Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of  World Kinect by 4.6% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,538 shares of the company's stock valued at $412,000 after buying an additional 640 shares in the last quarter.  Boston Partners grew its holdings in shares of  World Kinect by 1.4% during the second quarter. Boston Partners now owns 1,492,314 shares of the company's stock valued at $41,367,000 after buying an additional 20,046 shares during the last quarter.  Campbell &amp; CO Investment Adviser LLC increased its position in shares of  World Kinect by 149.2% during the second quarter. Campbell &amp; CO Investment Adviser LLC now owns 99,340 shares of the company's stock worth $2,816,000 after acquiring an additional 59,476 shares in the last quarter.  Finally, Parkside Financial Bank &amp; Trust raised its holdings in shares of  World Kinect by 14.5% in the 2nd quarter. Parkside Financial Bank &amp; Trust now owns 3,976 shares of the company's stock worth $113,000 after acquiring an additional 503 shares during the last quarter. Institutional investors own  97.06% of the company's stock. </p><h2>World Kinect Stock Performance</h2><p>Shares of WKC opened at $23.96 on Friday. The stock has a 50 day moving average of $25.50 and a 200 day moving average of $26.70. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of -3.09, a PEG ratio of 1.31 and a beta of 1.32. World Kinect Corporation has a 12 month low of $22.70 and a 12 month high of $31.54. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 0.47. </p><p>World Kinect (NYSE:WKC - Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.07). World Kinect had a positive return on equity of 7.11% and a negative net margin of 1.16%.The business had revenue of $9.39 billion during the quarter, compared to analysts' expectations of $9.38 billion. During the same period in the prior year, the firm posted $0.62 EPS. The firm's revenue for the quarter was down 10.5% on a year-over-year basis.  As a group, sell-side analysts forecast that  World Kinect Corporation will post 2.56 earnings per share for the current year. </p><h2>World Kinect Dividend Announcement</h2><p>The business also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, September 30th. World Kinect's dividend payout ratio  is currently -10.34%. </p><h2>Analysts Set New Price Targets</h2><p>A number of research firms have issued reports on WKC. Weiss Ratings  reiterated a &#34;sell (d)&#34; rating on shares of World Kinect in a research note on Monday. Raymond James Financial  restated an &#34;outperform&#34; rating and issued a $33.00 target price (down previously from $35.00) on shares of World Kinect in a report on Friday, August 1st. Morgan Stanley decreased their price target on World Kinect from $32.00 to $26.00 and set an &#34;underweight&#34; rating for the company in a report on Wednesday, August 6th. Finally, Zacks Research lowered World Kinect from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, October 28th. One investment analyst  has rated the stock with a Buy rating, two have issued  a Hold rating and three have assigned  a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of &#34;Reduce&#34; and a consensus price target of $28.75.</p><p><b>Read Our Latest Report on WKC</b></p><h2>World Kinect Profile</h2> (Free Report)<p>World Kinect Corporation operates as an energy management company in the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. This segment also offers fuel management, price risk management, ground handling, dispatch services, and trip planning services, such as flight planning and scheduling, weather reports and overflight permits; payment and processing services; and operates a web-based marketplace platform.</p><h2>Read More</h2><ul><li>Five stocks we like better than World Kinect</li><li>A Deeper Look at Bid-Ask Spreads</li><li>A Magnificent AI Bet? Stanley Druckenmiller’s Latest Tech Moves</li><li>Why Invest in High-Yield Dividend Stocks?</li><li>12 Analysts Just Raised CrowdStrike Targets—Here’s What They See Coming</li><li>How to Most Effectively Use the MarketBeat Earnings Screener</li><li>Palo Alto Networks Stock Just Pulled Back—Is This a Prime Buy Zone?</li></ul><p><strong>Want to see what other hedge funds are holding WKC?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for World Kinect Corporation (NYSE:WKC - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdLQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdLQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in World Kinect Right Now?</h2><p>Before you consider World Kinect, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and World Kinect wasn't on the list.</p><p>While World Kinect currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Intech Investment Management LLC increased its stake in World Kinect Corporation by 32% in Q2, owning 62,633 shares worth $1.78 million. World Kinect reported Q3 earnings of $0.54 per share, missing estimates, with revenue down 10.5% year-over-year. Analysts have mixed ratings on the stock, with a consensus 'Reduce' rating and a price target of $28.75. The company announced a quarterly dividend of $0.20 per share.</p>

Intech Investment Management LLC Has $1.78 Million Stock Position in World Kinect Corporation $WKC