Donald Smith & CO. Inc. Has $22.82 Million Stake in Advantage Oil & Gas Ltd (NYSE:AAV)

Donald Smith & CO. Inc. lessened its position in shares of Advantage Oil & Gas Ltd (NYSE:AAV) (TSE:AAV) by 11.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,621,825 shares of the oil and gas company’s stock after selling 484,337 shares during the quarter. Donald Smith & CO. Inc. owned 1.95% of Advantage Oil & Gas worth $22,817,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AAV. Vanguard Group Inc. increased its position in Advantage Oil & Gas by 1.8% in the first quarter. Vanguard Group Inc. now owns 3,595,570 shares of the oil and gas company’s stock worth $23,731,000 after buying an additional 64,606 shares in the last quarter. Morgan Stanley grew its position in shares of Advantage Oil & Gas by 53.2% during the first quarter. Morgan Stanley now owns 1,548,511 shares of the oil and gas company’s stock worth $10,220,000 after purchasing an additional 537,472 shares in the last quarter. KCG Holdings Inc. grew its position in shares of Advantage Oil & Gas by 19.6% during the first quarter. KCG Holdings Inc. now owns 18,951 shares of the oil and gas company’s stock worth $125,000 after purchasing an additional 3,100 shares in the last quarter. Bank of America Corp DE grew its position in shares of Advantage Oil & Gas by 10.5% during the first quarter. Bank of America Corp DE now owns 43,277 shares of the oil and gas company’s stock worth $286,000 after purchasing an additional 4,125 shares in the last quarter. Finally, Credit Suisse AG grew its position in shares of Advantage Oil & Gas by 5.8% during the first quarter. Credit Suisse AG now owns 445,348 shares of the oil and gas company’s stock worth $2,940,000 after purchasing an additional 24,595 shares in the last quarter. Institutional investors own 54.82% of the company’s stock.

Several research firms recently issued reports on AAV. BMO Capital Markets cut Advantage Oil & Gas from an “outperform” rating to a “market perform” rating and set a $8.00 target price for the company. in a research report on Tuesday, October 10th. Royal Bank Of Canada reiterated a “hold” rating and set a $11.00 target price on shares of Advantage Oil & Gas in a research report on Monday, September 25th. TheStreet cut Advantage Oil & Gas from a “b-” rating to a “c+” rating in a research report on Thursday, October 5th. Zacks Investment Research lowered Advantage Oil & Gas from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Finally, BidaskClub raised Advantage Oil & Gas from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $9.44.

Advantage Oil & Gas Ltd (AAV) opened at $4.00 on Friday. The company has a market capitalization of $739.07, a P/E ratio of 29.38 and a beta of 0.86. Advantage Oil & Gas Ltd has a one year low of $3.90 and a one year high of $7.55. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.78 and a current ratio of 0.78.

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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. The Company focuses on the development of Montney resource play at Glacier, Alberta in Western Canada.

Institutional Ownership by Quarter for Advantage Oil & Gas (NYSE:AAV)

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