20,718 Shares in Sasol Limited (NYSE:SSL) Acquired by PDS Planning Inc

PDS Planning Inc acquired a new stake in Sasol Limited (NYSE:SSL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 20,718 shares of the oil and gas company’s stock, valued at approximately $94,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Lindbrook Capital LLC grew its holdings in shares of Sasol by 76.8% in the fourth quarter. Lindbrook Capital LLC now owns 7,194 shares of the oil and gas company’s stock worth $33,000 after purchasing an additional 3,125 shares during the last quarter. Quantinno Capital Management LP grew its stake in Sasol by 16.6% in the 3rd quarter. Quantinno Capital Management LP now owns 28,073 shares of the oil and gas company’s stock worth $190,000 after acquiring an additional 4,000 shares in the last quarter. Ballentine Partners LLC increased its position in shares of Sasol by 26.1% during the fourth quarter. Ballentine Partners LLC now owns 24,353 shares of the oil and gas company’s stock worth $111,000 after acquiring an additional 5,045 shares during the period. Barclays PLC raised its stake 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 valued at $67,000 after acquiring an additional 7,127 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Sasol by 38.1% in the fourth quarter. Signaturefd LLC now owns 33,413 shares of the oil and gas company’s stock valued at $152,000 after purchasing an additional 9,221 shares during the period. Hedge funds and other institutional investors own 1.21% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. StockNews.com downgraded Sasol from a “buy” rating to a “hold” rating in a report on Friday, March 14th. Bank of America cut shares of Sasol from a “buy” rating to a “neutral” rating in a report on Thursday, February 6th.

Sasol Stock Performance

Shares of NYSE:SSL opened at $4.31 on Thursday. The firm has a 50 day moving average of $4.61 and a 200 day moving average of $5.43. The company has a quick ratio of 1.58, a current ratio of 2.33 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 1.90, a price-to-earnings-growth ratio of 0.17 and a beta of 2.31. Sasol Limited has a 52 week low of $4.04 and a 52 week high of $9.33.

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.