Signaturefd LLC Has $27,000 Stake in Sasol Limited (NYSE:SSL)

Signaturefd LLC decreased its holdings in Sasol Limited (NYSE:SSL) by 48.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,761 shares of the oil and gas company’s stock after selling 2,636 shares during the period. Signaturefd LLC’s holdings in Sasol were worth $27,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its holdings in shares of Sasol by 12.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 10,390 shares of the oil and gas company’s stock valued at $142,000 after purchasing an additional 1,185 shares during the period. Knights of Columbus Asset Advisors LLC bought a new stake in shares of Sasol in the 3rd quarter valued at approximately $170,000. International Assets Investment Management LLC bought a new stake in shares of Sasol in the 4th quarter valued at approximately $1,400,000. Citigroup Inc. bought a new stake in shares of Sasol in the 3rd quarter valued at approximately $212,000. Finally, SG Americas Securities LLC bought a new stake in shares of Sasol in the 3rd quarter valued at approximately $213,000. Institutional investors and hedge funds own 1.21% of the company’s stock.

Analyst Ratings Changes

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

Sasol Price Performance

Shares of NYSE SSL opened at $7.05 on Friday. The business has a 50 day simple moving average of $7.76 and a 200 day simple moving average of $9.43. Sasol Limited has a 52 week low of $6.74 and a 52 week high of $14.49.

Sasol Cuts Dividend

The business also recently announced a semi-annual dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a dividend of $0.5248 per share. The ex-dividend date was Thursday, March 14th. This represents a 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.