Sasol Limited (NYSE:SSL) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its stake in shares of Sasol Limited (NYSE:SSL) by 1.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,047,270 shares of the oil and gas company’s stock after selling 14,490 shares during the period. Dimensional Fund Advisors LP owned 0.17% of Sasol worth $7,966,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SSL. Barometer Capital Management Inc. acquired a new position in Sasol in the fourth quarter valued at approximately $117,000. CWM LLC increased its holdings in Sasol by 819.9% in the first quarter. CWM LLC now owns 3,330 shares of the oil and gas company’s stock valued at $26,000 after buying an additional 2,968 shares during the last quarter. Ballentine Partners LLC purchased a new position in Sasol in the first quarter valued at $137,000. Greenleaf Trust increased its holdings in Sasol by 15.7% in the first quarter. Greenleaf Trust now owns 11,993 shares of the oil and gas company’s stock valued at $94,000 after buying an additional 1,623 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new position in Sasol in the first quarter valued at $131,000. 1.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Sasol from a “hold” rating to a “buy” rating in a research note on Thursday, August 29th.

Sasol Stock Performance

NYSE SSL opened at $7.20 on Tuesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.58 and a current ratio of 2.33. Sasol Limited has a 1 year low of $6.22 and a 1 year high of $14.13. The company has a fifty day moving average of $7.30 and a two-hundred day moving average of $7.41.

Sasol Profile

Sasol Limited operates as an integrated chemical and energy company in South Africa. It offers alumina, such as battery materials, catalyst supports, abrasives and polishing, and polymer additives; cobalt fischer-tropsch; carbon-based products; recarburiser; graphite electrodes; mono-ethylene glycol, ethylene, propylene, sasfroth blends, sodium cyanide, caustic soda, hydrochloric acid, sulfuric acid, calcium chloride, chlorine, alcohols, aromatic blends, methyl alcohol, polyethylene, polypropylene, polyvinyl chloride, cresols, xylenols, phenols, limestone ammonium nitrate, ammonium nitrate solution, and nitric acid.