Greenleaf Trust Acquires New Shares in Sasol Limited (NYSE:SSL)

Greenleaf Trust bought a new position in shares of Sasol Limited (NYSE:SSL) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 19,847 shares of the oil and gas company’s stock, valued at approximately $134,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Mather Group LLC. bought a new position in Sasol during the 2nd quarter worth approximately $28,000. Blue Trust Inc. boosted its position in shares of Sasol by 247.6% during the second 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 in the last quarter. CWM LLC grew its holdings in shares of Sasol by 62.7% in the 2nd quarter. CWM LLC now owns 5,417 shares of the oil and gas company’s stock valued at $41,000 after buying an additional 2,087 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Sasol by 3,112.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 6,714 shares of the oil and gas company’s stock valued at $52,000 after buying an additional 6,505 shares in the last quarter. Finally, Atomi Financial Group Inc. acquired a new stake in Sasol during the 3rd quarter worth $78,000. Institutional investors own 1.21% of the company’s stock.

Sasol Price Performance

NYSE SSL opened at $5.93 on Friday. 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 stock has a market cap of $3.76 billion, a price-to-earnings ratio of 2.53, a PEG ratio of 0.16 and a beta of 2.39. The business has a 50 day simple moving average of $7.05 and a 200 day simple moving average of $7.28. Sasol Limited has a 52-week low of $5.84 and a 52-week high of $13.27.

Analyst Ratings Changes

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

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.