Blue Trust Inc. Has $73,000 Holdings in Sasol Ltd. (NYSE:SSL)

Blue Trust Inc. grew its position in Sasol Ltd. (NYSE:SSL) by 24.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,229 shares of the oil and gas company’s stock after purchasing an additional 3,433 shares during the period. Blue Trust Inc.’s holdings in Sasol were worth $73,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SSL. Rhumbline Advisers increased its position in Sasol by 191.6% in the 4th quarter. Rhumbline Advisers now owns 15,129 shares of the oil and gas company’s stock worth $69,000 after purchasing an additional 9,940 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in Sasol in the 4th quarter worth about $50,000. Raymond James Financial Inc. bought a new stake in shares of Sasol during the 4th quarter worth about $54,000. Lindbrook Capital LLC boosted its stake in shares of Sasol by 76.8% during the 4th quarter. Lindbrook Capital LLC now owns 7,194 shares of the oil and gas company’s stock worth $33,000 after acquiring an additional 3,125 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. boosted its stake in shares of Sasol by 97.4% during the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 33,358 shares of the oil and gas company’s stock worth $152,000 after acquiring an additional 16,462 shares in the last quarter. 1.21% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded Sasol from a “buy” rating to a “hold” rating in a research note on Friday, May 16th.

Sasol Stock Performance

SSL opened at $4.44 on Friday. The company has a market cap of $2.88 billion, a PE ratio of 1.95, a price-to-earnings-growth ratio of 0.19 and a beta of 0.79. The stock has a 50-day moving average of $4.27 and a 200-day moving average of $4.36. Sasol Ltd. has a 52-week low of $2.78 and a 52-week high of $8.40.

Sasol Company Profile

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.