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Aperio Group LLC Has $6.74 Million Position in Sasol Ltd. (SSL)

Aperio Group LLC cut its position in shares of Sasol Ltd. (NYSE:SSL) by 1.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 241,121 shares of the oil and gas company’s stock after selling 4,081 shares during the period. Aperio Group LLC owned about 0.08% of Sasol worth $6,739,000 at the end of the most recent reporting period.

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Other hedge funds have also bought and sold shares of the company. Harding Loevner LP increased its stake in Sasol by 6.2% in the first quarter. Harding Loevner LP now owns 2,336,671 shares of the oil and gas company’s stock worth $68,698,000 after buying an additional 135,787 shares during the period. Sei Investments Co. increased its stake in Sasol by 3,318.6% in the first quarter. Sei Investments Co. now owns 673,700 shares of the oil and gas company’s stock worth $19,807,000 after buying an additional 653,993 shares during the period. Karp Capital Management Corp acquired a new stake in Sasol during the first quarter worth $7,209,000. DUPONT CAPITAL MANAGEMENT Corp increased its stake in Sasol by 8.4% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 201,154 shares of the oil and gas company’s stock worth $5,914,000 after buying an additional 15,553 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new stake in Sasol during the first quarter worth $5,638,000. Hedge funds and other institutional investors own 2.42% of the company’s stock.

Shares of Sasol Ltd. (SSL) opened at 30.35 on Friday. Sasol Ltd. has a 1-year low of $24.85 and a 1-year high of $32.40. The stock has a market capitalization of $86.13 million, a P/E ratio of 16.58 and a beta of 0.88. The company has a 50 day moving average price of $28.43 and a 200-day moving average price of $29.37.

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A number of analysts recently weighed in on SSL shares. BidaskClub upgraded Sasol from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. J P Morgan Chase & Co downgraded Sasol from an “overweight” rating to a “neutral” rating in a research note on Tuesday, July 18th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. Sasol has an average rating of “Hold”.

Sasol Company Profile

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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