XTX Topco Ltd Makes New $110,000 Investment in Sasol Limited (NYSE:SSL)

XTX Topco Ltd acquired a new position in Sasol Limited (NYSE:SSL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 14,500 shares of the oil and gas company’s stock, valued at approximately $110,000.

Several other large investors have also recently modified their holdings of SSL. Greenleaf Trust boosted its holdings in Sasol by 15.7% in the first quarter. Greenleaf Trust now owns 11,993 shares of the oil and gas company’s stock worth $94,000 after acquiring an additional 1,623 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in Sasol by 2.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 78,516 shares of the oil and gas company’s stock worth $613,000 after purchasing an additional 1,900 shares in the last quarter. CWM LLC boosted its stake in Sasol by 62.7% in the 2nd quarter. CWM LLC now owns 5,417 shares of the oil and gas company’s stock worth $41,000 after purchasing an additional 2,087 shares in the last quarter. Van ECK Associates Corp increased its stake in Sasol by 7.4% during the 2nd quarter. Van ECK Associates Corp now owns 36,974 shares of the oil and gas company’s stock valued at $281,000 after purchasing an additional 2,535 shares in the last quarter. Finally, Ritholtz Wealth Management raised its holdings in shares of Sasol by 6.3% in the second quarter. Ritholtz Wealth Management now owns 57,825 shares of the oil and gas company’s stock worth $440,000 after buying an additional 3,416 shares during the last quarter. Institutional investors own 1.21% of the company’s stock.

Sasol Price Performance

Shares of NYSE:SSL opened at $6.79 on Wednesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.58 and a current ratio of 2.33. Sasol Limited has a 52-week low of $6.22 and a 52-week high of $14.13. The business has a 50-day moving average price of $7.33 and a 200-day moving average price of $7.42.

Wall Street Analysts Forecast Growth

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

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.