SG Americas Securities LLC Sells 5,026 Shares of Sasol Limited (NYSE:SSL)

SG Americas Securities LLC decreased its position in shares of Sasol Limited (NYSE:SSL) by 32.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,524 shares of the oil and gas company’s stock after selling 5,026 shares during the period. SG Americas Securities LLC’s holdings in Sasol were worth $105,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SSL. Coppell Advisory Solutions LLC purchased a new stake in shares of Sasol during the 2nd quarter valued at $31,000. Captrust Financial Advisors boosted its holdings in Sasol by 148.3% in the second quarter. Captrust Financial Advisors now owns 1,490 shares of the oil and gas company’s stock worth $34,000 after acquiring an additional 890 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Sasol by 700.3% during the third quarter. Tower Research Capital LLC TRC now owns 3,081 shares of the oil and gas company’s stock worth $48,000 after acquiring an additional 2,696 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Sasol during the second quarter valued at about $57,000. Finally, Signaturefd LLC raised its position in shares of Sasol by 27.3% in the 3rd quarter. Signaturefd LLC now owns 5,397 shares of the oil and gas company’s stock valued at $74,000 after purchasing an additional 1,156 shares during the last quarter. 1.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Sasol from a “strong-buy” rating to a “buy” rating in a research note on Monday, March 11th.

Sasol Trading Down 1.0 %

Shares of NYSE SSL opened at $8.20 on Friday. Sasol Limited has a 52 week low of $7.10 and a 52 week high of $14.49. The business’s 50 day moving average price is $7.91 and its 200 day moving average price is $9.81.

Sasol Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a $0.5248 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a dividend yield of 6.9%.

Sasol Company 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.