Jane Street Group LLC Makes New $75,000 Investment in Sasol Limited (NYSE:SSL)

Jane Street Group LLC purchased a new position in Sasol Limited (NYSE:SSL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,039 shares of the oil and gas company’s stock, valued at approximately $75,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Atomi Financial Group Inc. bought a new position in shares of Sasol during the 3rd quarter valued at $78,000. Blue Trust Inc. lifted its stake in Sasol by 145.2% in the third quarter. Blue Trust Inc. now owns 11,892 shares of the oil and gas company’s stock worth $80,000 after purchasing an additional 7,043 shares during the last quarter. Private Advisor Group LLC bought a new stake in Sasol in the third quarter worth about $94,000. Verition Fund Management LLC bought a new stake in shares of Sasol during the third quarter valued at approximately $106,000. Finally, XTX Topco Ltd purchased a new position in Sasol during the second quarter valued at approximately $110,000. 1.21% of the stock is owned by institutional investors.

Sasol Stock Up 1.4 %

SSL stock opened at $5.13 on Thursday. The firm has a 50-day simple moving average of $5.04 and a 200-day simple moving average of $6.40. The company has a quick ratio of 1.58, a current ratio of 2.33 and a debt-to-equity ratio of 0.89. Sasol Limited has a 52 week low of $4.28 and a 52 week high of $9.33. The stock has a market capitalization of $3.33 billion, a P/E ratio of 2.28, a P/E/G ratio of 0.13 and a beta of 2.34.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Sasol from a “hold” rating to a “buy” rating in a report on Monday, December 30th.

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.