Generali Investments CEE investicni spolecnost a.s. Makes New $1.67 Million Investment in Sasol Limited (NYSE:SSL)

Generali Investments CEE investicni spolecnost a.s. acquired a new stake in shares of Sasol Limited (NYSE:SSL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 367,196 shares of the oil and gas company’s stock, valued at approximately $1,674,000. Generali Investments CEE investicni spolecnost a.s. owned approximately 0.06% of Sasol at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of SSL. Lindbrook Capital LLC grew its stake in shares of Sasol by 76.8% in the fourth quarter. Lindbrook Capital LLC now owns 7,194 shares of the oil and gas company’s stock valued at $33,000 after buying an additional 3,125 shares in the last quarter. Quantinno Capital Management LP grew its position in shares of Sasol by 16.6% in the 3rd quarter. Quantinno Capital Management LP now owns 28,073 shares of the oil and gas company’s stock valued at $190,000 after acquiring an additional 4,000 shares during the period. Ballentine Partners LLC increased its stake in shares of Sasol by 26.1% during the 4th quarter. Ballentine Partners LLC now owns 24,353 shares of the oil and gas company’s stock worth $111,000 after purchasing an additional 5,045 shares during the last quarter. QRG Capital Management Inc. increased its stake in shares of Sasol by 47.5% during the 3rd quarter. QRG Capital Management Inc. now owns 16,903 shares of the oil and gas company’s stock worth $114,000 after purchasing an additional 5,440 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of Sasol by 255.9% in the 3rd quarter. Barclays PLC now owns 9,912 shares of the oil and gas company’s stock valued at $67,000 after purchasing an additional 7,127 shares during the period. 1.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on SSL. StockNews.com raised shares of Sasol from a “hold” rating to a “buy” rating in a report on Thursday. Bank of America downgraded shares of Sasol from a “buy” rating to a “neutral” rating in a research report on Thursday, February 6th.

Sasol Stock Up 5.2 %

Shares of NYSE SSL opened at $4.37 on Friday. The stock has a market capitalization of $2.83 billion, a P/E ratio of 1.92, a PEG ratio of 0.17 and a beta of 2.31. The stock’s fifty day moving average is $4.65 and its 200 day moving average is $5.64. Sasol Limited has a 52 week low of $4.04 and a 52 week high of $9.33. 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 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.