Janney Montgomery Scott LLC maintained its position in Advantage Oil & Gas Ltd. (NYSE:AAV) during the second quarter, Holdings Channel reports. The firm owned 43,000 shares of the company’s stock at the end of the second quarter. Janney Montgomery Scott LLC’s holdings in Advantage Oil & Gas were worth $218,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Creative Planning increased its position in shares of Advantage Oil & Gas by 2.8% in the second quarter. Creative Planning now owns 57,190 shares of the company’s stock valued at $320,000 after buying an additional 1,583 shares during the last quarter. Pembroke Management LTD increased its position in shares of Advantage Oil & Gas by 23.3% in the second quarter. Pembroke Management LTD now owns 145,305 shares of the company’s stock valued at $1,049,000 after buying an additional 27,500 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Advantage Oil & Gas by 501.7% in the first quarter. Renaissance Technologies LLC now owns 194,996 shares of the company’s stock valued at $1,071,000 after buying an additional 162,586 shares during the last quarter. Signia Capital Management LLC increased its position in shares of Advantage Oil & Gas by 46.7% in the second quarter. Signia Capital Management LLC now owns 280,351 shares of the company’s stock valued at $1,567,000 after buying an additional 89,251 shares during the last quarter. Finally, Emerald Acquisition Ltd. acquired a new position in shares of Advantage Oil & Gas during the second quarter valued at about $4,425,000. Institutional investors and hedge funds own 57.17% of the company’s stock.

Advantage Oil & Gas Ltd. (NYSE:AAV) traded up 2.60% during midday trading on Tuesday, hitting $6.70. The stock had a trading volume of 65,020 shares. Advantage Oil & Gas Ltd. has a 1-year low of $4.17 and a 1-year high of $7.43. The company has a 50-day moving average of $6.85 and a 200-day moving average of $5.94. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 352.63 and a beta of 1.84.

Advantage Oil & Gas (NYSE:AAV) last posted its earnings results on Friday, August 5th. The company reported $0.20 EPS for the quarter. Advantage Oil & Gas had a negative return on equity of 2.13% and a negative net margin of 5.42%. Equities research analysts forecast that Advantage Oil & Gas Ltd. will post $0.01 EPS for the current year.

Several equities analysts have issued reports on the company. RBC Capital Markets reiterated an “outperform” rating and issued a $11.00 price objective (up previously from $9.00) on shares of Advantage Oil & Gas in a research report on Monday, August 8th. Scotiabank reiterated an “outperform” rating and issued a $10.00 price objective on shares of Advantage Oil & Gas in a research report on Monday, August 8th. TD Securities reissued a “buy” rating and issued a $10.00 target price on shares of Advantage Oil & Gas in a research note on Monday, August 8th. Royal Bank Of Canada lowered their target price on Advantage Oil & Gas from $11.00 to $9.00 and set an “outperform” rating for the company in a research note on Monday, August 8th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $10.50 target price on shares of Advantage Oil & Gas in a research note on Friday, August 5th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Advantage Oil & Gas presently has an average rating of “Buy” and an average price target of $9.80.

Advantage Oil & Gas Company Profile

Advantage Oil & Gas Ltd. is an intermediate natural gas and liquids development and production company. The Company is engaged in the business of natural gas exploitation, development, acquisition and production in the Province of Alberta. It operates in the Montney resource play located in Western Canada.

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