Sasol Limited (NYSE:SSL) Holdings Boosted by Rhumbline Advisers

Rhumbline Advisers boosted its position in shares of Sasol Limited (NYSE:SSL) by 191.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,129 shares of the oil and gas company’s stock after purchasing an additional 9,940 shares during the period. Rhumbline Advisers’ holdings in Sasol were worth $69,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SSL. Point72 Asset Management L.P. grew its holdings in shares of 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 in the last quarter. ABC Arbitrage SA purchased a new position in shares of Sasol during the 4th quarter valued at $730,000. Public Employees Retirement System of Ohio purchased a new position in shares of Sasol during the 3rd quarter valued at $670,000. Cerity Partners LLC grew its holdings in shares of Sasol by 173.2% during the 3rd quarter. Cerity Partners LLC now owns 63,417 shares of the oil and gas company’s stock valued at $429,000 after acquiring an additional 40,206 shares in the last quarter. Finally, XTX Topco Ltd grew its holdings in shares of 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 in the last quarter. 1.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. StockNews.com upgraded shares of Sasol from a “hold” rating to a “buy” rating in a report on Thursday, March 6th. Bank of America cut shares of Sasol from a “buy” rating to a “neutral” rating in a report on Thursday, February 6th.

Sasol Trading Up 2.9 %

Shares of NYSE:SSL opened at $4.40 on Wednesday. The stock has a market capitalization of $2.85 billion, a PE ratio of 1.94, a P/E/G ratio of 0.17 and a beta of 2.31. Sasol Limited has a 1 year low of $4.04 and a 1 year high of $9.33. The firm has a fifty day moving average price of $4.64 and a 200 day moving average price of $5.57. The company has a current ratio of 2.33, a quick ratio of 1.58 and a debt-to-equity ratio of 0.89.

About Sasol

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.