Two Sigma Securities LLC Buys New Position in Sasol Limited (NYSE:SSL)

Two Sigma Securities LLC bought a new stake in shares of Sasol Limited (NYSE:SSL) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 18,628 shares of the oil and gas company’s stock, valued at approximately $85,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Jane Street Group LLC purchased a new position in Sasol in the third quarter worth $75,000. Barclays PLC boosted its holdings in shares of Sasol by 255.9% in the 3rd quarter. Barclays PLC now owns 9,912 shares of the oil and gas company’s stock worth $67,000 after purchasing an additional 7,127 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Sasol during the 3rd quarter valued at about $167,000. Sivia Capital Partners LLC purchased a new position in shares of Sasol during the 4th quarter valued at about $49,000. Finally, Ballentine Partners LLC lifted its position in Sasol by 26.1% in the 4th quarter. Ballentine Partners LLC now owns 24,353 shares of the oil and gas company’s stock worth $111,000 after buying an additional 5,045 shares during the last quarter. Institutional investors own 1.21% of the company’s stock.

Sasol Trading Down 0.7 %

NYSE SSL opened at $3.46 on Friday. The firm has a market cap of $2.24 billion, a PE ratio of 1.52, a price-to-earnings-growth ratio of 0.17 and a beta of 1.72. Sasol Limited has a 1-year low of $2.78 and a 1-year high of $8.40. The stock has a 50-day moving average of $3.88 and a 200-day moving average of $4.69. The company has a current ratio of 2.33, a quick ratio of 1.58 and a debt-to-equity ratio of 0.89.

Analysts Set New Price Targets

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

Sasol 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.