Two Sigma Advisers LP Purchases 317,900 Shares of Sasol Limited (NYSE:SSL)

Two Sigma Advisers LP boosted its position in shares of Sasol Limited (NYSE:SSL - Free Report) by 108.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 610,200 shares of the oil and gas company's stock after acquiring an additional 317,900 shares during the period. Two Sigma Advisers LP owned 0.09% of Sasol worth $2,783,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Lindbrook Capital LLC increased its stake in shares of Sasol by 76.8% in the fourth quarter. Lindbrook Capital LLC now owns 7,194 shares of the oil and gas company's stock worth $33,000 after purchasing an additional 3,125 shares in the last quarter. Essential Planning LLC. purchased a new stake in Sasol in the 4th quarter worth $46,000. Apollon Wealth Management LLC bought a new stake in Sasol during the fourth quarter valued at about $46,000. HighTower Advisors LLC bought a new stake in Sasol during the fourth quarter valued at about $49,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Sasol in the fourth quarter valued at about $50,000. Hedge funds and other institutional investors own 1.21% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on SSL shares. Wall Street Zen cut Sasol from a "buy" rating to a "hold" rating in a research report on Friday, May 16th. Bank of America downgraded Sasol from a "buy" rating to a "neutral" rating in a research note on Thursday, February 6th.

Sasol Price Performance

Shares of NYSE:SSL traded down $0.17 during midday trading on Friday, reaching $4.44. 836,436 shares of the company were exchanged, compared to its average volume of 939,263. The stock has a market cap of $2.88 billion, a PE ratio of 1.96, a price-to-earnings-growth ratio of 0.17 and a beta of 0.71. The business's fifty day moving average is $3.76 and its two-hundred day moving average is $4.39. Sasol Limited has a one year low of $2.78 and a one year high of $8.40. 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 Company 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.