D. E. Shaw & Co. Inc. Purchases 168,030 Shares of Sasol Limited (NYSE:SSL)

D. E. Shaw & Co. Inc. boosted its position in Sasol Limited (NYSE:SSL - Free Report) by 185.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 258,800 shares of the oil and gas company's stock after purchasing an additional 168,030 shares during the quarter. D. E. Shaw & Co. Inc.'s holdings in Sasol were worth $1,180,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. ABC Arbitrage SA acquired a new stake in shares of Sasol in the 4th quarter valued at $730,000. American Century Companies Inc. lifted its stake in Sasol by 6.1% in 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 purchasing an additional 38,029 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in Sasol in the fourth quarter valued at approximately $50,000. BNP Paribas Financial Markets grew its stake in shares of Sasol by 124.4% during the fourth quarter. BNP Paribas Financial Markets now owns 114,093 shares of the oil and gas company's stock worth $520,000 after buying an additional 63,244 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Sasol by 191.6% during the fourth quarter. Rhumbline Advisers now owns 15,129 shares of the oil and gas company's stock worth $69,000 after buying an additional 9,940 shares during the last quarter. 1.21% of the stock is currently owned by institutional investors and hedge funds.

Sasol Trading Up 2.1%

SSL traded up $0.10 during trading on Thursday, reaching $4.61. 1,069,861 shares of the company's stock were exchanged, compared to its average volume of 941,795. The company has a current ratio of 2.33, a quick ratio of 1.58 and a debt-to-equity ratio of 0.89. Sasol Limited has a one year low of $2.78 and a one year high of $8.40. The firm has a fifty day moving average price of $3.75 and a two-hundred day moving average price of $4.41. The stock has a market capitalization of $2.99 billion, a PE ratio of 2.03, a price-to-earnings-growth ratio of 0.17 and a beta of 0.71.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SSL. Bank of America downgraded Sasol from a "buy" rating to a "neutral" rating in a report on Thursday, February 6th. Wall Street Zen lowered Sasol from a "buy" rating to a "hold" rating in a research note 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.