Two Sigma Advisers LP Boosts Stock Holdings in Sasol Limited (NYSE:SSL)

Two Sigma Advisers LP grew its stake in Sasol Limited (NYSE:SSL - Free Report) by 108.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 610,200 shares of the oil and gas company's stock after buying an additional 317,900 shares during the quarter. Two Sigma Advisers LP owned 0.09% of Sasol worth $2,783,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Two Sigma Investments LP lifted its holdings in shares of Sasol by 100.7% in the 4th quarter. Two Sigma Investments LP now owns 1,054,238 shares of the oil and gas company's stock valued at $4,807,000 after buying an additional 528,860 shares during the period. Point72 Asset Management L.P. lifted its holdings in shares of Sasol by 45.9% in the 4th quarter. Point72 Asset Management L.P. now owns 433,100 shares of the oil and gas company's stock valued at $1,975,000 after buying an additional 136,300 shares during the period. Millennium Management LLC lifted its holdings in shares of Sasol by 2,401.8% in the 4th quarter. Millennium Management LLC now owns 825,444 shares of the oil and gas company's stock valued at $3,764,000 after buying an additional 792,450 shares during the period. D. E. Shaw & Co. Inc. lifted its holdings in shares of Sasol by 185.1% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 258,800 shares of the oil and gas company's stock valued at $1,180,000 after buying an additional 168,030 shares during the period. Finally, Centiva Capital LP lifted its holdings in shares of Sasol by 72.7% in the 4th quarter. Centiva Capital LP now owns 69,003 shares of the oil and gas company's stock valued at $315,000 after buying an additional 29,044 shares during the period. Institutional investors and hedge funds own 1.21% of the company's stock.

Wall Street Analyst Weigh In

SSL has been the subject of several analyst reports. Bank of America cut Sasol from a "buy" rating to a "neutral" rating in a report 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

NYSE SSL traded up $0.10 during trading hours on Thursday, reaching $4.61. The company's stock had a trading volume of 1,069,861 shares, compared to its average volume of 941,795. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 2.03, a P/E/G 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 has a debt-to-equity ratio of 0.89, a current ratio of 2.33 and a quick ratio of 1.58. The company's 50-day moving average is $3.74 and its two-hundred day moving average is $4.42.

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.