OLD Mission Capital LLC decreased its holdings in shares of Sasol Ltd. (NYSE:SSL) by 37.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 51,080 shares of the oil and gas company’s stock after selling 31,148 shares during the period. OLD Mission Capital LLC owned 1.80% of Sasol worth $1,428,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SSL. Comerica Bank increased its position in Sasol by 2.0% during the 1st quarter. Comerica Bank now owns 44,917 shares of the oil and gas company’s stock valued at $1,377,000 after purchasing an additional 888 shares during the period. Ameriprise Financial Inc. increased its position in Sasol by 20.4% during the 1st quarter. Ameriprise Financial Inc. now owns 16,247 shares of the oil and gas company’s stock valued at $478,000 after purchasing an additional 2,751 shares during the period. Parametric Portfolio Associates LLC increased its position in Sasol by 38.5% during the 1st quarter. Parametric Portfolio Associates LLC now owns 169,250 shares of the oil and gas company’s stock valued at $4,976,000 after purchasing an additional 47,006 shares during the period. Neuberger Berman Group LLC increased its position in Sasol by 4.8% during the 1st quarter. Neuberger Berman Group LLC now owns 28,628 shares of the oil and gas company’s stock valued at $842,000 after purchasing an additional 1,300 shares during the period. Finally, Ngam Advisors L.P. increased its position in Sasol by 7.3% during the 1st quarter. Ngam Advisors L.P. now owns 11,367 shares of the oil and gas company’s stock valued at $334,000 after purchasing an additional 775 shares during the period. 1.82% of the stock is currently owned by institutional investors and hedge funds.

Shares of Sasol Ltd. (NYSE SSL) traded up 0.60% on Wednesday, hitting $28.69. 156,469 shares of the stock were exchanged. The stock has a market cap of $18.71 billion, a PE ratio of 11.15 and a beta of 0.86. Sasol Ltd. has a 52-week low of $24.91 and a 52-week high of $32.40. The company’s 50 day moving average is $29.20 and its 200-day moving average is $29.48.

The company also recently announced a dividend, which was paid on Monday, September 11th. Investors of record on Friday, September 8th were paid a dividend of $0.059 per share. The ex-dividend date was Wednesday, September 6th.

SSL has been the topic of a number of analyst reports. Zacks Investment Research downgraded shares of Sasol from a “hold” rating to a “sell” rating in a research report on Friday, September 8th. BidaskClub raised shares of Sasol from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. J P Morgan Chase & Co downgraded shares of Sasol from an “overweight” rating to a “neutral” rating in a research report on Tuesday, July 18th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Sasol in a research report on Thursday, September 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.

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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.

Institutional Ownership by Quarter for Sasol (NYSE:SSL)

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