Sasol Limited (NYSE:SSL) Shares Bought by Centiva Capital LP

Centiva Capital LP grew its position in Sasol Limited (NYSE:SSL) by 102.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,959 shares of the oil and gas company’s stock after acquiring an additional 20,240 shares during the period. Centiva Capital LP’s holdings in Sasol were worth $270,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Blue Trust Inc. raised its position in shares of Sasol by 247.6% during the 2nd quarter. Blue Trust Inc. now owns 4,849 shares of the oil and gas company’s stock worth $38,000 after purchasing an additional 3,454 shares during the last quarter. CWM LLC increased its stake in Sasol by 62.7% during the 2nd quarter. CWM LLC now owns 5,417 shares of the oil and gas company’s stock worth $41,000 after buying an additional 2,087 shares in the last quarter. Atomi Financial Group Inc. acquired a new position in shares of Sasol during the third quarter valued at approximately $78,000. HB Wealth Management LLC purchased a new position in shares of Sasol in the second quarter valued at approximately $81,000. Finally, Private Advisor Group LLC acquired a new stake in shares of Sasol in the third quarter worth approximately $94,000. 1.21% of the stock is owned by hedge funds and other institutional investors.

Sasol Trading Down 4.7 %

Shares of NYSE SSL opened at $5.02 on Thursday. 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 50-day moving average of $5.87 and a 200 day moving average of $6.79. Sasol Limited has a 12-month low of $4.90 and a 12-month high of $10.27.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Sasol from a “buy” rating to a “hold” rating in a research note on Tuesday.

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.