Renaissance Technologies LLC decreased its stake in Advantage Oil & Gas Ltd (NYSE:AAV) (TSE:AAV) by 47.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 92,400 shares of the oil and gas company’s stock after selling 83,400 shares during the period. Renaissance Technologies LLC’s holdings in Advantage Oil & Gas were worth $610,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of AAV. Dynamic Technology Lab Private Ltd raised its position in Advantage Oil & Gas by 8.2% in the first quarter. Dynamic Technology Lab Private Ltd now owns 24,132 shares of the oil and gas company’s stock valued at $159,000 after buying an additional 1,834 shares during the period. Karp Capital Management Corp bought a new position in Advantage Oil & Gas during the first quarter valued at $691,000. Schroder Investment Management Group bought a new position in Advantage Oil & Gas during the first quarter valued at $1,599,000. Exane Asset Management raised its position in Advantage Oil & Gas by 102.7% in the first quarter. Exane Asset Management now owns 278,336 shares of the oil and gas company’s stock valued at $1,835,000 after buying an additional 141,036 shares during the period. Finally, Canada Pension Plan Investment Board bought a new position in Advantage Oil & Gas during the first quarter valued at $2,254,000. 53.80% of the stock is currently owned by hedge funds and other institutional investors.

Advantage Oil & Gas Ltd (NYSE AAV) traded up 1.1857% on Thursday, hitting $6.3747. The company had a trading volume of 52,624 shares. The stock has a 50 day moving average of $6.69 and a 200-day moving average of $6.42. The stock has a market capitalization of $1.19 billion, a PE ratio of 25.8085 and a beta of 0.97. Advantage Oil & Gas Ltd has a one year low of $5.70 and a one year high of $7.88.

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Several research analysts have weighed in on the company. BidaskClub raised Advantage Oil & Gas from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. TheStreet raised Advantage Oil & Gas from a “c” rating to a “b-” rating in a research report on Monday, August 7th. Zacks Investment Research raised Advantage Oil & Gas from a “hold” rating to a “buy” rating and set a $7.25 price target on the stock in a research report on Monday, July 10th. Finally, Royal Bank Of Canada lowered Advantage Oil & Gas from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from $12.00 to $11.00 in a research report on Thursday, July 20th. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Advantage Oil & Gas presently has a consensus rating of “Hold” and a consensus price target of $9.75.

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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