Barclays PLC raised its position in shares of Sasol Limited (NYSE:SSL – Free Report) by 255.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,912 shares of the oil and gas company’s stock after buying an additional 7,127 shares during the quarter. Barclays PLC’s holdings in Sasol were worth $67,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Quantinno Capital Management LP increased its stake in shares of Sasol by 16.6% in the third quarter. Quantinno Capital Management LP now owns 28,073 shares of the oil and gas company’s stock worth $190,000 after purchasing an additional 4,000 shares during the period. Ballentine Partners LLC grew its holdings in Sasol by 32.3% during the third quarter. Ballentine Partners LLC now owns 19,308 shares of the oil and gas company’s stock valued at $131,000 after purchasing an additional 4,712 shares during the period. QRG Capital Management Inc. increased its stake in Sasol by 47.5% during the 3rd quarter. QRG Capital Management Inc. now owns 16,903 shares of the oil and gas company’s stock worth $114,000 after purchasing an additional 5,440 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in Sasol by 33.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 23,662 shares of the oil and gas company’s stock valued at $180,000 after acquiring an additional 5,898 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in Sasol by 145.2% during the third quarter. Blue Trust Inc. now owns 11,892 shares of the oil and gas company’s stock worth $80,000 after acquiring an additional 7,043 shares in the last quarter. 1.21% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Sasol from a “hold” rating to a “buy” rating in a report on Monday, December 30th.
Sasol Stock Down 1.1 %
SSL stock opened at $4.42 on Friday. The business’s 50 day simple moving average is $5.08 and its 200 day simple moving average is $6.47. Sasol Limited has a 1-year low of $4.28 and a 1-year high of $9.87. The firm has a market capitalization of $2.87 billion, a PE ratio of 1.96, a PEG ratio of 0.13 and a beta of 2.34. The company has a current ratio of 2.33, a quick ratio of 1.58 and a debt-to-equity ratio of 0.89.
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.
Featured Articles
- Five stocks we like better than Sasol
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- MercadoLibre: Latin America’s Digital Titan Just Got Cheaper
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Breaking Down Pegasystems, A Wedbush Top AI Pick for 2025
- Do ETFs Pay Dividends? What You Need to Know
- Shutterstock and Getty: A $3.7 Billion Visual Content Giant
Want to see what other hedge funds are holding SSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sasol Limited (NYSE:SSL – Free Report).
Receive News & Ratings for Sasol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sasol and related companies with MarketBeat.com's FREE daily email newsletter.