Trexquant Investment LP Purchases 42,753 Shares of Sasol Limited (NYSE:SSL)

Trexquant Investment LP boosted its position in Sasol Limited (NYSE:SSLFree Report) by 223.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,859 shares of the oil and gas company’s stock after purchasing an additional 42,753 shares during the period. Trexquant Investment LP’s holdings in Sasol were worth $615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of SSL. Signaturefd LLC raised its stake in shares of Sasol by 27.3% during the third quarter. Signaturefd LLC now owns 5,397 shares of the oil and gas company’s stock valued at $74,000 after acquiring an additional 1,156 shares in the last quarter. Barclays PLC increased its holdings in Sasol by 2,100.6% during the third quarter. Barclays PLC now owns 75,743 shares of the oil and gas company’s stock valued at $1,035,000 after buying an additional 72,301 shares during the period. Canada Pension Plan Investment Board purchased a new position in Sasol during the third quarter valued at approximately $1,059,000. PNC Financial Services Group Inc. increased its holdings in Sasol by 12.9% during the third quarter. PNC Financial Services Group Inc. now owns 10,390 shares of the oil and gas company’s stock valued at $142,000 after buying an additional 1,185 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in Sasol by 10.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,085,272 shares of the oil and gas company’s stock worth $14,836,000 after purchasing an additional 100,789 shares during the last quarter. Institutional investors own 1.21% of the company’s stock.

Sasol Stock Down 1.0 %

NYSE SSL opened at $6.82 on Friday. The firm’s fifty day simple moving average is $7.60 and its two-hundred day simple moving average is $8.61. Sasol Limited has a 12-month low of $6.65 and a 12-month high of $14.49.

Analyst Ratings Changes

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

Check Out Our Latest Report on Sasol

About Sasol

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Sasol (NYSE:SSL)

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