Jump Financial LLC Grows Holdings in Sasol Limited (NYSE:SSL)

Jump Financial LLC lifted its position in shares of Sasol Limited (NYSE:SSL) by 45.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 160,391 shares of the oil and gas company’s stock after buying an additional 50,487 shares during the quarter. Jump Financial LLC’s holdings in Sasol were worth $731,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Generali Investments CEE investicni spolecnost a.s. purchased a new stake in Sasol in the 4th quarter worth approximately $1,674,000. Renaissance Technologies LLC boosted its holdings in shares of Sasol by 119.0% during the fourth quarter. Renaissance Technologies LLC now owns 670,011 shares of the oil and gas company’s stock worth $3,055,000 after purchasing an additional 364,111 shares during the last quarter. ABC Arbitrage SA acquired a new stake in shares of Sasol during the fourth quarter worth $730,000. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Sasol by 9.5% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 792,140 shares of the oil and gas company’s stock valued at $3,612,000 after purchasing an additional 68,978 shares during the period. Finally, Trexquant Investment LP increased its stake in Sasol by 263.9% in the fourth quarter. Trexquant Investment LP now owns 93,451 shares of the oil and gas company’s stock valued at $426,000 after purchasing an additional 67,772 shares during the last quarter. Institutional investors and hedge funds own 1.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on SSL shares. StockNews.com upgraded Sasol from a “hold” rating to a “buy” rating in a report on Tuesday. Bank of America cut shares of Sasol from a “buy” rating to a “neutral” rating in a research report on Thursday, February 6th.

Sasol Stock Up 4.4 %

Shares of NYSE SSL opened at $3.65 on Wednesday. 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 stock has a market capitalization of $2.36 billion, a PE ratio of 1.61, a P/E/G ratio of 0.17 and a beta of 1.72. The firm has a fifty day moving average of $4.02 and a 200-day moving average of $4.84. Sasol Limited has a 52-week low of $2.78 and a 52-week high of $8.40.

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.