Jane Street Group LLC Decreases Position in Sasol Ltd. (SSL)

Jane Street Group LLC decreased its stake in shares of Sasol Ltd. (NYSE:SSL) by 41.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 100,031 shares of the oil and gas company’s stock after selling 70,935 shares during the period. Jane Street Group LLC owned approximately 3.52% of Sasol worth $2,941,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Wedbush Securities Inc. boosted its stake in shares of Sasol by 2.8% in the first quarter. Wedbush Securities Inc. now owns 8,869 shares of the oil and gas company’s stock valued at $261,000 after buying an additional 245 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Sasol by 2.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,377 shares of the oil and gas company’s stock valued at $393,000 after buying an additional 290 shares in the last quarter. Capstone Asset Management Co. boosted its stake in shares of Sasol by 1.3% in the first quarter. Capstone Asset Management Co. now owns 31,782 shares of the oil and gas company’s stock valued at $934,000 after buying an additional 420 shares in the last quarter. Foyston Gordon & Payne Inc boosted its stake in shares of Sasol by 2.0% in the first quarter. Foyston Gordon & Payne Inc now owns 27,099 shares of the oil and gas company’s stock valued at $797,000 after buying an additional 530 shares in the last quarter. Finally, World Asset Management Inc boosted its stake in shares of Sasol by 1.4% in the first quarter. World Asset Management Inc now owns 40,593 shares of the oil and gas company’s stock valued at $1,193,000 after buying an additional 574 shares in the last quarter. 2.42% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Sasol (NYSE:SSL)

Shares of Sasol Ltd. (NYSE SSL) traded down 2.22% during mid-day trading on Tuesday, reaching $27.80. 135,782 shares of the company traded hands. The stock’s 50-day moving average is $30.04 and its 200-day moving average is $29.38. The company has a market capitalization of $78.90 million, a P/E ratio of 14.95 and a beta of 0.85. Sasol Ltd. has a 52 week low of $24.85 and a 52 week high of $32.40.

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Several brokerages recently issued reports on SSL. BidaskClub cut shares of Sasol from a “hold” rating to a “sell” rating in a research note on Friday. Zacks Investment Research raised shares of Sasol from a “sell” rating to a “hold” rating in a research note on Thursday, March 2nd. Finally, HSBC Holdings plc raised shares of Sasol from a “hold” rating to a “buy” rating in a research note on Tuesday, March 28th. Two research analysts have rated the stock with a sell rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold”.

About Sasol

Sasol Limited is an international integrated chemicals and energy company. The Company develops and commercializes technologies, and builds and operates facilities to produce a range of product streams, including liquid fuels, chemicals and low-carbon electricity. The Company’s operating business units include Mining and, Exploration and Production International.

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