Signaturefd LLC grew its position in shares of Sasol Limited (NYSE:SSL – Free Report) by 38.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,413 shares of the oil and gas company’s stock after acquiring an additional 9,221 shares during the quarter. Signaturefd LLC’s holdings in Sasol were worth $152,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of SSL. Cerity Partners LLC boosted its position in Sasol by 173.2% during the 3rd quarter. Cerity Partners LLC now owns 63,417 shares of the oil and gas company’s stock worth $429,000 after acquiring an additional 40,206 shares during the last quarter. Verition Fund Management LLC acquired a new stake in shares of Sasol in the 3rd quarter valued at approximately $106,000. Centiva Capital LP boosted its holdings in shares of Sasol by 102.6% in the 3rd quarter. Centiva Capital LP now owns 39,959 shares of the oil and gas company’s stock valued at $270,000 after buying an additional 20,240 shares during the last quarter. Point72 Asset Management L.P. boosted its holdings in shares of Sasol by 312.8% in the 3rd quarter. Point72 Asset Management L.P. now owns 296,800 shares of the oil and gas company’s stock valued at $2,006,000 after buying an additional 224,900 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its holdings in shares of Sasol by 16.6% in the 3rd quarter. Quantinno Capital Management LP now owns 28,073 shares of the oil and gas company’s stock valued at $190,000 after buying an additional 4,000 shares during the last quarter. Institutional investors and hedge funds own 1.21% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently commented on SSL shares. StockNews.com raised Sasol from a “hold” rating to a “buy” rating in a report on Saturday. Bank of America downgraded Sasol from a “buy” rating to a “neutral” rating in a report on Thursday, February 6th.
Sasol Trading Down 1.8 %
Shares of Sasol stock opened at $4.15 on Friday. The business has a fifty day simple moving average of $4.59 and a two-hundred day simple moving average of $5.39. Sasol Limited has a 1 year low of $4.04 and a 1 year high of $9.33. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of 1.83, a P/E/G ratio of 0.17 and a beta of 2.31. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.33 and a quick ratio of 1.58.
About Sasol
Sasol Limited operates as a chemical and energy company in South Africa and internationally. It offers alumina, such as battery materials, catalyst supports, abrasives and polishing, and polymer additives; cobalt fischer-tropsch catalysts; carbon-based and recarburiser products; graphite electrodes; and mono-ethylene glycol and chlor-alkali products, monomers, mining chemicals and reagents, blends and hydrocarbons, methanol products, polymers, phenolics, and fertilizers.
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