US Bancorp DE Has $142,000 Stake in Sasol Limited (NYSE:SSL)

US Bancorp DE boosted its holdings in shares of Sasol Limited (NYSE:SSL) by 51.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,986 shares of the oil and gas company’s stock after buying an additional 7,150 shares during the period. US Bancorp DE’s holdings in Sasol were worth $142,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of SSL. Ballentine Partners LLC boosted its position in shares of Sasol by 32.3% during the 3rd quarter. Ballentine Partners LLC now owns 19,308 shares of the oil and gas company’s stock valued at $131,000 after acquiring an additional 4,712 shares in the last quarter. Greenleaf Trust bought a new stake in shares of Sasol in the 3rd quarter valued at approximately $134,000. Private Advisor Group LLC acquired a new position in shares of Sasol in the 3rd quarter worth approximately $94,000. Blue Trust Inc. lifted its position in shares of Sasol by 145.2% during the 3rd quarter. Blue Trust Inc. now owns 11,892 shares of the oil and gas company’s stock worth $80,000 after buying an additional 7,043 shares during the period. Finally, Net Worth Advisory Group acquired a new stake in Sasol in the 3rd quarter valued at $145,000. Institutional investors own 1.21% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Sasol Stock Up 1.2 %

NYSE:SSL opened at $5.24 on Friday. 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 12 month low of $5.14 and a 12 month high of $12.58. The company’s 50-day moving average price is $6.49 and its two-hundred day moving average price is $7.05.

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.