Blue Trust Inc. Has $80,000 Holdings in Sasol Limited (NYSE:SSL)

Blue Trust Inc. lifted its stake in Sasol Limited (NYSE:SSL) by 145.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,892 shares of the oil and gas company’s stock after acquiring an additional 7,043 shares during the period. Blue Trust Inc.’s holdings in Sasol were worth $80,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SSL. Sequoia Financial Advisors LLC acquired a new stake in Sasol in the 1st quarter worth $131,000. PDS Planning Inc acquired a new stake in Sasol during the first quarter worth about $79,000. Pzena Investment Management LLC increased its stake in Sasol by 53.0% during the first quarter. Pzena Investment Management LLC now owns 352,561 shares of the oil and gas company’s stock valued at $2,754,000 after acquiring an additional 122,108 shares during the period. SG Americas Securities LLC raised its holdings in Sasol by 115.2% in the 1st quarter. SG Americas Securities LLC now owns 22,652 shares of the oil and gas company’s stock valued at $177,000 after acquiring an additional 12,128 shares in the last quarter. Finally, QRG Capital Management Inc. bought a new stake in shares of Sasol in the 1st quarter worth approximately $84,000. 1.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Sasol Stock Performance

Shares of SSL stock opened at $5.69 on Thursday. The firm has a fifty day moving average of $6.94 and a 200-day moving average of $7.20. Sasol Limited has a 52-week low of $5.63 and a 52-week high of $12.98. 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 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.