Sasol Limited (NYSE:SSL) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC raised its position in shares of Sasol Limited (NYSE:SSL - Free Report) by 962.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 117,288 shares of the oil and gas company's stock after purchasing an additional 106,249 shares during the period. Jane Street Group LLC's holdings in Sasol were worth $535,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SSL. Northern Trust Corp grew its stake in shares of Sasol by 190.6% in the fourth quarter. Northern Trust Corp now owns 170,366 shares of the oil and gas company's stock worth $777,000 after purchasing an additional 111,743 shares in the last quarter. Two Sigma Securities LLC acquired a new stake in Sasol in the fourth quarter worth about $85,000. First Trust Advisors LP acquired a new stake in Sasol in the fourth quarter worth about $88,000. Jump Financial LLC grew its position in Sasol by 45.9% in the 4th quarter. Jump Financial LLC now owns 160,391 shares of the oil and gas company's stock valued at $731,000 after buying an additional 50,487 shares in the last quarter. Finally, Guggenheim Capital LLC increased its stake in Sasol by 54.2% during the 4th quarter. Guggenheim Capital LLC now owns 20,605 shares of the oil and gas company's stock valued at $94,000 after buying an additional 7,240 shares during the period. 1.21% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SSL has been the subject of a number of research analyst reports. Bank of America lowered shares of Sasol from a "buy" rating to a "neutral" rating in a research note on Thursday, February 6th. Wall Street Zen cut Sasol from a "buy" rating to a "hold" rating in a report on Friday, May 16th.

Sasol Price Performance

Shares of SSL traded down $0.17 during midday trading on Friday, reaching $4.44. The stock had a trading volume of 836,436 shares, compared to its average volume of 940,008. 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 $2.88 billion, a P/E ratio of 1.96, a P/E/G ratio of 0.17 and a beta of 0.71. The firm's 50 day moving average price is $3.75 and its 200-day moving average price is $4.41. Sasol Limited has a 52 week low of $2.78 and a 52 week high of $8.40.

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.