Cerity Partners LLC Grows Stock Holdings in Sasol Limited (NYSE:SSL)

Cerity Partners LLC boosted its holdings in Sasol Limited (NYSE:SSL) by 173.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,417 shares of the oil and gas company’s stock after buying an additional 40,206 shares during the quarter. Cerity Partners LLC’s holdings in Sasol were worth $429,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Mather Group LLC. acquired a new stake in shares of Sasol during the 2nd quarter worth about $28,000. Blue Trust Inc. increased its stake in Sasol by 247.6% in the second quarter. Blue Trust Inc. now owns 4,849 shares of the oil and gas company’s stock valued at $38,000 after purchasing an additional 3,454 shares during the last quarter. CWM LLC raised its holdings in Sasol by 62.7% during the second quarter. CWM LLC now owns 5,417 shares of the oil and gas company’s stock worth $41,000 after purchasing an additional 2,087 shares in the last quarter. Atomi Financial Group Inc. acquired a new stake in Sasol during the third quarter worth approximately $78,000. Finally, HB Wealth Management LLC purchased a new stake in shares of Sasol during the 2nd quarter worth approximately $81,000. 1.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Sasol Stock Performance

Shares of SSL stock opened at $4.97 on Monday. Sasol Limited has a 1 year low of $4.90 and a 1 year high of $10.27. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.58 and a current ratio of 2.33. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of 2.21, a PEG ratio of 0.13 and a beta of 2.35. The stock’s 50-day moving average is $5.93 and its two-hundred day moving average is $6.82.

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.