Sasol Limited (NYSE:SSL) Shares Purchased by Blue Trust Inc.

Blue Trust Inc. boosted its position in shares of Sasol Limited (NYSE:SSL) by 80.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 21,456 shares of the oil and gas company’s stock after acquiring an additional 9,564 shares during the quarter. Blue Trust Inc.’s holdings in Sasol were worth $98,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SSL. Barclays PLC lifted its holdings in shares of Sasol by 255.9% during the third quarter. Barclays PLC now owns 9,912 shares of the oil and gas company’s stock worth $67,000 after purchasing an additional 7,127 shares during the period. Point72 Asset Management L.P. lifted its stake in Sasol by 312.8% during the 3rd quarter. Point72 Asset Management L.P. now owns 296,800 shares of the oil and gas company’s stock valued at $2,006,000 after acquiring an additional 224,900 shares during the period. XTX Topco Ltd lifted its stake in Sasol by 184.7% during the 3rd quarter. XTX Topco Ltd now owns 41,285 shares of the oil and gas company’s stock valued at $279,000 after acquiring an additional 26,785 shares during the period. Jane Street Group LLC acquired a new stake in Sasol during the 3rd quarter worth about $75,000. Finally, Private Advisor Group LLC purchased a new position in Sasol during the third quarter valued at approximately $94,000. Hedge funds and other institutional investors own 1.21% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on SSL shares. Bank of America lowered shares of Sasol from a “buy” rating to a “neutral” rating in a research note on Thursday. StockNews.com downgraded shares of Sasol from a “buy” rating to a “hold” rating in a research note on Thursday.

Sasol Stock Down 4.3 %

SSL stock opened at $4.21 on Friday. The firm’s 50 day moving average price is $4.84 and its 200-day moving average price is $6.09. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.58 and a current ratio of 2.33. The firm has a market cap of $2.73 billion, a PE ratio of 1.81, a PEG ratio of 0.12 and a beta of 2.31. Sasol Limited has a one year low of $4.20 and a one year high of $9.33.

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.