Sivia Capital Partners LLC Purchases New Position in Sasol Limited (NYSE:SSL)

Sivia Capital Partners LLC acquired a new stake in shares of Sasol Limited (NYSE:SSL) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 10,730 shares of the oil and gas company’s stock, valued at approximately $49,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC lifted its position in shares of Sasol by 255.9% during the third quarter. Barclays PLC now owns 9,912 shares of the oil and gas company’s stock worth $67,000 after purchasing an additional 7,127 shares in the last quarter. Jane Street Group LLC bought a new position in Sasol in the 3rd quarter valued at $75,000. Atomi Financial Group Inc. acquired a new position in shares of Sasol during the third quarter valued at $78,000. Blue Trust Inc. increased its position 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 worth $80,000 after purchasing an additional 7,043 shares during the period. Finally, Private Advisor Group LLC bought a new stake in Sasol during the 3rd quarter worth about $94,000. Institutional investors and hedge funds own 1.21% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Sasol Trading Up 3.4 %

NYSE:SSL traded up $0.17 during mid-day trading on Monday, hitting $5.24. The company had a trading volume of 1,644,526 shares, compared to its average volume of 1,475,625. The firm has a market cap of $3.40 billion, a P/E ratio of 2.33, a P/E/G ratio of 0.13 and a beta of 2.34. Sasol Limited has a fifty-two week low of $4.28 and a fifty-two week high of $9.33. The business’s fifty day moving average is $5.07 and its two-hundred day moving average is $6.44. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.58 and a current ratio of 2.33.

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.