EverSource Wealth Advisors LLC Sells 2,351 Shares of Sasol Limited (NYSE:SSL)

EverSource Wealth Advisors LLC cut its position in shares of Sasol Limited (NYSE:SSL) by 35.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,363 shares of the oil and gas company’s stock after selling 2,351 shares during the period. EverSource Wealth Advisors LLC’s holdings in Sasol were worth $35,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SSL. BNP Paribas Financial Markets boosted its stake in shares of Sasol by 7,100.7% during the 4th quarter. BNP Paribas Financial Markets now owns 65,814 shares of the oil and gas company’s stock worth $654,000 after purchasing an additional 64,900 shares during the period. Trexquant Investment LP boosted its stake in shares of Sasol by 223.8% during the 4th quarter. Trexquant Investment LP now owns 61,859 shares of the oil and gas company’s stock worth $615,000 after purchasing an additional 42,753 shares during the period. Barometer Capital Management Inc. purchased a new position in shares of Sasol during the 4th quarter worth about $117,000. CWM LLC boosted its stake in shares of Sasol by 819.9% during the 1st quarter. CWM LLC now owns 3,330 shares of the oil and gas company’s stock worth $26,000 after purchasing an additional 2,968 shares during the period. Finally, Ballentine Partners LLC purchased a new position in shares of Sasol during the 1st quarter worth about $137,000. 1.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Sasol from a “hold” rating to a “buy” rating in a research note on Thursday, August 29th.

Sasol Price Performance

Sasol stock opened at $6.77 on Friday. The stock has a market cap of $4.29 billion, a price-to-earnings ratio of 2.67, a price-to-earnings-growth ratio of 0.18 and a beta of 2.39. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.33 and a quick ratio of 1.58. Sasol Limited has a 1 year low of $6.22 and a 1 year high of $14.13. The firm has a 50-day moving average of $7.38 and a two-hundred day moving average of $7.43.

Sasol Profile

Sasol Limited operates as an integrated chemical and energy company in South Africa. It offers alumina, such as battery materials, catalyst supports, abrasives and polishing, and polymer additives; cobalt fischer-tropsch; carbon-based products; recarburiser; graphite electrodes; mono-ethylene glycol, ethylene, propylene, sasfroth blends, sodium cyanide, caustic soda, hydrochloric acid, sulfuric acid, calcium chloride, chlorine, alcohols, aromatic blends, methyl alcohol, polyethylene, polypropylene, polyvinyl chloride, cresols, xylenols, phenols, limestone ammonium nitrate, ammonium nitrate solution, and nitric acid.