Lindbrook Capital LLC Has $33,000 Stock Position in Sasol Limited (NYSE:SSL)

Lindbrook Capital LLC increased its holdings in Sasol Limited (NYSE:SSL) by 76.8% in the 4th quarter, Holdings Channel reports. The fund owned 7,194 shares of the oil and gas company’s stock after purchasing an additional 3,125 shares during the period. Lindbrook Capital LLC’s holdings in Sasol were worth $33,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SSL. Apollon Wealth Management LLC purchased a new stake in Sasol in the 4th quarter worth about $46,000. Sivia Capital Partners LLC purchased a new stake in Sasol in the 4th quarter worth about $49,000. SBI Securities Co. Ltd. purchased a new stake in Sasol in the 4th quarter worth about $50,000. Raymond James Financial Inc. purchased a new stake in Sasol in the 4th quarter worth about $54,000. Finally, Barclays PLC lifted its stake in Sasol by 255.9% in the 3rd quarter. Barclays PLC now owns 9,912 shares of the oil and gas company’s stock worth $67,000 after acquiring an additional 7,127 shares in the last quarter. 1.21% of the stock is owned by hedge funds and other institutional investors.

Sasol Stock Up 5.2 %

SSL opened at $4.37 on Friday. Sasol Limited has a fifty-two week low of $4.04 and a fifty-two week high of $9.33. The business has a 50-day moving average of $4.65 and a 200-day moving average of $5.64. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.33 and a quick ratio of 1.58. The company has a market capitalization of $2.83 billion, a PE ratio of 1.92, a price-to-earnings-growth ratio of 0.17 and a beta of 2.31.

Wall Street Analysts Forecast Growth

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

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.