Stifel Financial Corp Has $655,000 Holdings in Sasol Limited (NYSE:SSL)

Stifel Financial Corp decreased its holdings in shares of Sasol Limited (NYSE:SSL - Free Report) by 64.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 96,857 shares of the oil and gas company's stock after selling 175,455 shares during the quarter. Stifel Financial Corp's holdings in Sasol were worth $655,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. HB Wealth Management LLC acquired a new stake in shares of Sasol in the 2nd quarter valued at approximately $81,000. Atomi Financial Group Inc. acquired a new stake in Sasol in the third quarter valued at $78,000. Blue Trust Inc. increased its stake in shares of Sasol by 145.2% during the 3rd quarter. Blue Trust Inc. now owns 11,892 shares of the oil and gas company's stock worth $80,000 after purchasing an additional 7,043 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of Sasol in the 3rd quarter valued at about $94,000. Finally, XTX Topco Ltd acquired a new stake in Sasol in the 2nd quarter valued at about $110,000. Institutional investors own 1.21% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Sasol from a "buy" rating to a "hold" rating in a research report on Tuesday, December 10th.

Sasol Stock Performance

SSL traded up $0.02 on Thursday, reaching $4.64. The company had a trading volume of 949,338 shares, compared to its average volume of 730,855. The stock has a market cap of $3.01 billion, a P/E ratio of 2.06, a P/E/G ratio of 0.13 and a beta of 2.35. 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 Limited has a fifty-two week low of $4.53 and a fifty-two week high of $10.27. The company's fifty day moving average is $5.41 and its 200 day moving average is $6.65.

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.