Sasol Limited (NYSE:SSL) Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its stake in Sasol Limited (NYSE:SSL - Free Report) by 124.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 114,093 shares of the oil and gas company's stock after acquiring an additional 63,244 shares during the quarter. BNP Paribas Financial Markets' holdings in Sasol were worth $520,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Sasol by 9.5% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 792,140 shares of the oil and gas company's stock valued at $3,612,000 after buying an additional 68,978 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Sasol by 119.0% during the 4th quarter. Renaissance Technologies LLC now owns 670,011 shares of the oil and gas company's stock valued at $3,055,000 after buying an additional 364,111 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Sasol by 6.1% during the 4th quarter. American Century Companies Inc. now owns 659,263 shares of the oil and gas company's stock valued at $3,006,000 after buying an additional 38,029 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Sasol during the 4th quarter valued at approximately $1,674,000. Finally, Northern Trust Corp boosted its stake in shares of Sasol by 190.6% during the 4th quarter. Northern Trust Corp now owns 170,366 shares of the oil and gas company's stock valued at $777,000 after buying an additional 111,743 shares during the last quarter. Hedge funds and other institutional investors own 1.21% of the company's stock.

Sasol Stock Performance

Shares of SSL stock traded up $0.10 on Thursday, hitting $4.61. 1,069,861 shares of the stock traded hands, compared to its average volume of 941,795. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.33 and a quick ratio of 1.58. The company has a market capitalization of $2.99 billion, a PE ratio of 2.03, a PEG ratio of 0.17 and a beta of 0.71. Sasol Limited has a 1-year low of $2.78 and a 1-year high of $8.40. The company's fifty day moving average is $3.75 and its 200 day moving average is $4.41.

Wall Street Analyst Weigh In

Several research firms have recently commented on SSL. Bank of America cut Sasol from a "buy" rating to a "neutral" rating in a research note on Thursday, February 6th. Wall Street Zen lowered Sasol from a "buy" rating to a "hold" rating in a research report on Friday, May 16th.

Sasol Profile

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.