Two Sigma Investments LP increased its position in Sasol Limited (NYSE:SSL - Free Report) by 100.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,054,238 shares of the oil and gas company's stock after acquiring an additional 528,860 shares during the quarter. Two Sigma Investments LP owned about 0.16% of Sasol worth $4,807,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SSL. ABC Arbitrage SA bought a new stake in shares of Sasol during the 4th quarter valued at $730,000. American Century Companies Inc. lifted 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 in the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Sasol during the 4th quarter valued at $50,000. BNP Paribas Financial Markets lifted its stake in shares of Sasol by 124.4% during the 4th quarter. BNP Paribas Financial Markets now owns 114,093 shares of the oil and gas company's stock valued at $520,000 after buying an additional 63,244 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of Sasol by 191.6% during the 4th quarter. Rhumbline Advisers now owns 15,129 shares of the oil and gas company's stock valued at $69,000 after buying an additional 9,940 shares in the last quarter. Institutional investors own 1.21% of the company's stock.
Sasol Price Performance
SSL stock traded up $0.10 during mid-day trading on Thursday, hitting $4.61. The company had a trading volume of 1,069,861 shares, compared to its average volume of 941,795. The company has a 50-day moving average price of $3.74 and a 200 day moving average price of $4.42. The company has a quick ratio of 1.58, a current ratio of 2.33 and a debt-to-equity ratio of 0.89. The company 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 12-month low of $2.78 and a 12-month high of $8.40.
Analyst Ratings Changes
A number of research firms recently weighed in on SSL. Wall Street Zen cut shares of Sasol from a "buy" rating to a "hold" rating in a research note on Friday, May 16th. Bank of America cut shares of Sasol from a "buy" rating to a "neutral" rating in a research note on Thursday, February 6th.
Read Our Latest Stock Analysis on Sasol
About Sasol
(
Free Report)
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.
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