24,685 Shares in Sasol Limited (NYSE:SSL) Acquired by Virtu Financial LLC

Virtu Financial LLC purchased a new position in Sasol Limited (NYSE:SSL) in the third quarter, Holdings Channel reports. The fund purchased 24,685 shares of the oil and gas company’s stock, valued at approximately $167,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Point72 Asset Management L.P. raised its position 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 worth $2,006,000 after acquiring an additional 224,900 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Sasol during the third quarter worth approximately $670,000. Cubist Systematic Strategies LLC raised its holdings in Sasol by 81,913.0% during the second quarter. Cubist Systematic Strategies LLC now owns 63,150 shares of the oil and gas company’s stock worth $481,000 after purchasing an additional 63,073 shares in the last quarter. Creative Planning lifted its position in shares of Sasol by 61.4% during the 2nd quarter. Creative Planning now owns 118,941 shares of the oil and gas company’s stock worth $905,000 after buying an additional 45,243 shares during the last quarter. Finally, Cerity Partners LLC boosted its holdings in shares of Sasol by 173.2% in the 3rd quarter. Cerity Partners LLC now owns 63,417 shares of the oil and gas company’s stock valued at $429,000 after buying an additional 40,206 shares in the last quarter. 1.21% of the stock is owned by institutional investors and hedge funds.

Sasol Price Performance

Sasol stock opened at $4.78 on Thursday. The stock has a 50-day simple moving average of $5.62 and a 200-day simple moving average of $6.71. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.33 and a quick ratio of 1.58. Sasol Limited has a fifty-two week low of $4.73 and a fifty-two week high of $10.27.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Sasol from a “buy” rating to a “hold” rating in a research note on Tuesday, December 10th.

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.