O Shaughnessy Asset Management LLC Has $131,000 Stake in Sasol Limited (NYSE:SSL)

O Shaughnessy Asset Management LLC trimmed its holdings in Sasol Limited (NYSE:SSL - Free Report) by 71.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,731 shares of the oil and gas company's stock after selling 73,605 shares during the period. O Shaughnessy Asset Management LLC's holdings in Sasol were worth $131,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Generali Investments CEE investicni spolecnost a.s. bought a new position in Sasol in the fourth quarter valued at approximately $1,674,000. ABC Arbitrage SA acquired a new position in shares of Sasol during the 4th quarter worth $730,000. Public Employees Retirement System of Ohio bought a new stake in shares of Sasol during the 3rd quarter worth $670,000. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Sasol by 9.5% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 792,140 shares of the oil and gas company's stock valued at $3,612,000 after buying an additional 68,978 shares in the last quarter. Finally, American Century Companies Inc. grew its position in Sasol by 6.1% in the fourth quarter. American Century Companies Inc. now owns 659,263 shares of the oil and gas company's stock valued at $3,006,000 after acquiring an additional 38,029 shares during the last quarter. Institutional investors and hedge funds own 1.21% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Bank of America cut shares of Sasol from a "buy" rating to a "neutral" rating in a report on Thursday, February 6th. StockNews.com lowered shares of Sasol from a "buy" rating to a "hold" rating in a research report on Sunday, March 30th.

Sasol Price Performance

SSL traded up $0.14 on Friday, reaching $3.59. The stock had a trading volume of 923,703 shares, compared to its average volume of 908,662. The firm has a 50-day moving average of $4.06 and a 200-day moving average of $4.89. Sasol Limited has a fifty-two week low of $2.78 and a fifty-two week high of $8.40. The company has a market capitalization of $2.32 billion, a price-to-earnings ratio of 1.58, a price-to-earnings-growth ratio of 0.17 and a beta of 1.72. The company has a current ratio of 2.33, a quick ratio of 1.58 and a debt-to-equity ratio of 0.89.

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.