Sasol Limited (NYSE:SSL) Shares Bought by Cerity Partners LLC

Cerity Partners LLC raised its holdings in Sasol Limited (NYSE:SSL) by 173.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,417 shares of the oil and gas company’s stock after purchasing an additional 40,206 shares during the quarter. Cerity Partners LLC’s holdings in Sasol were worth $429,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. American Century Companies Inc. raised its holdings in Sasol by 7.1% in the 2nd quarter. American Century Companies Inc. now owns 542,205 shares of the oil and gas company’s stock valued at $4,126,000 after buying an additional 35,818 shares during the period. Creative Planning increased its position in shares of Sasol by 21.8% during the third quarter. Creative Planning now owns 144,902 shares of the oil and gas company’s stock valued at $980,000 after acquiring an additional 25,961 shares during the last quarter. Point72 Asset Management L.P. raised its stake in shares of Sasol by 417.3% in the 2nd quarter. Point72 Asset Management L.P. now owns 71,900 shares of the oil and gas company’s stock valued at $547,000 after acquiring an additional 58,000 shares during the period. Cubist Systematic Strategies LLC lifted its holdings in shares of Sasol by 81,913.0% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 63,150 shares of the oil and gas company’s stock worth $481,000 after acquiring an additional 63,073 shares during the last quarter. Finally, Ritholtz Wealth Management boosted its position in shares of Sasol by 6.3% during the 2nd quarter. Ritholtz Wealth Management now owns 57,825 shares of the oil and gas company’s stock worth $440,000 after purchasing an additional 3,416 shares during the period. Institutional investors and hedge funds own 1.21% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded Sasol from a “hold” rating to a “buy” rating in a research note on Thursday, August 29th.

Sasol Stock Performance

Shares of Sasol stock opened at $4.97 on Monday. The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of 2.21, a price-to-earnings-growth ratio of 0.13 and a beta of 2.35. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.33 and a quick ratio of 1.58. The business has a 50-day moving average of $5.93 and a 200 day moving average of $6.82. Sasol Limited has a 12 month low of $4.90 and a 12 month high of $10.27.

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.