Jane Street Group LLC Makes New $75,000 Investment in Sasol Limited (NYSE:SSL)

Jane Street Group LLC acquired a new stake in Sasol Limited (NYSE:SSL) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 11,039 shares of the oil and gas company’s stock, valued at approximately $75,000.

A number of other hedge funds have also recently modified their holdings of SSL. Quantinno Capital Management LP boosted its holdings in shares of Sasol by 16.6% in the third quarter. Quantinno Capital Management LP now owns 28,073 shares of the oil and gas company’s stock valued at $190,000 after acquiring an additional 4,000 shares in the last quarter. Ballentine Partners LLC grew its stake in Sasol by 32.3% during the third quarter. Ballentine Partners LLC now owns 19,308 shares of the oil and gas company’s stock worth $131,000 after buying an additional 4,712 shares during the period. QRG Capital Management Inc. grew its stake in Sasol by 47.5% during the third quarter. QRG Capital Management Inc. now owns 16,903 shares of the oil and gas company’s stock worth $114,000 after buying an additional 5,440 shares during the period. Vanguard Personalized Indexing Management LLC lifted its position in shares of Sasol by 33.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 23,662 shares of the oil and gas company’s stock worth $180,000 after purchasing an additional 5,898 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in Sasol by 145.2% in the third quarter. Blue Trust Inc. now owns 11,892 shares of the oil and gas company’s stock valued at $80,000 after acquiring an additional 7,043 shares in the last quarter. 1.21% of the stock is owned by hedge funds and other institutional investors.

Sasol Stock Up 1.4 %

Sasol stock opened at $5.13 on Thursday. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of 2.28, a PEG ratio of 0.13 and a beta of 2.34. The company has a current ratio of 2.33, a quick ratio of 1.58 and a debt-to-equity ratio of 0.89. The company’s 50-day moving average price is $5.04 and its two-hundred day moving average price is $6.40. Sasol Limited has a 52 week low of $4.28 and a 52 week high of $9.33.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Sasol from a “hold” rating to a “buy” rating in a 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.