Barclays PLC Buys 7,127 Shares of Sasol Limited (NYSE:SSL)

Barclays PLC lifted its stake in shares of Sasol Limited (NYSE:SSL) by 255.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,912 shares of the oil and gas company’s stock after purchasing an additional 7,127 shares during the quarter. Barclays PLC’s holdings in Sasol were worth $67,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SSL. American Century Companies Inc. boosted its stake in Sasol by 7.1% in the second quarter. American Century Companies Inc. now owns 542,205 shares of the oil and gas company’s stock valued at $4,126,000 after buying an additional 35,818 shares in the last quarter. Point72 Asset Management L.P. lifted its holdings in shares of Sasol by 312.8% in the third 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 during the last quarter. Creative Planning boosted its stake in shares of Sasol by 21.8% in the 3rd quarter. Creative Planning now owns 144,902 shares of the oil and gas company’s stock valued at $980,000 after purchasing an additional 25,961 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Sasol during the 3rd quarter valued at approximately $670,000. Finally, Cerity Partners LLC increased its position in Sasol by 173.2% during the 3rd quarter. Cerity Partners LLC now owns 63,417 shares of the oil and gas company’s stock worth $429,000 after purchasing an additional 40,206 shares in the last quarter. Institutional investors own 1.21% of the company’s stock.

Sasol Trading Down 1.1 %

Shares of SSL stock opened at $4.42 on Friday. 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 firm has a market capitalization of $2.87 billion, a P/E ratio of 1.96, a P/E/G ratio of 0.13 and a beta of 2.34. Sasol Limited has a twelve month low of $4.28 and a twelve month high of $9.87. The stock’s fifty day simple moving average is $5.08 and its 200 day simple moving average is $6.47.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Sasol from a “hold” rating to a “buy” rating in a research report on Monday, December 30th.

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.