Advantage Oil & Gas Ltd (AAV) Shares Bought by Mackenzie Financial Corp

Mackenzie Financial Corp grew its stake in Advantage Oil & Gas Ltd (NYSE:AAV) (TSE:AAV) by 1.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,918,536 shares of the oil and gas company’s stock after purchasing an additional 182,552 shares during the period. Mackenzie Financial Corp owned about 5.33% of Advantage Oil & Gas worth $62,487,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Citadel Advisors LLC boosted its stake in shares of Advantage Oil & Gas by 242.5% in the 3rd quarter. Citadel Advisors LLC now owns 55,470 shares of the oil and gas company’s stock valued at $349,000 after purchasing an additional 39,273 shares in the last quarter. K2 Principal Fund L.P. acquired a new stake in shares of Advantage Oil & Gas in the 3rd quarter valued at approximately $2,348,000. TD Asset Management Inc. boosted its stake in shares of Advantage Oil & Gas by 2.7% in the 3rd quarter. TD Asset Management Inc. now owns 3,677,390 shares of the oil and gas company’s stock valued at $22,994,000 after purchasing an additional 95,600 shares in the last quarter. CIBC Asset Management Inc boosted its stake in shares of Advantage Oil & Gas by 269.2% in the 3rd quarter. CIBC Asset Management Inc now owns 1,630,494 shares of the oil and gas company’s stock valued at $10,192,000 after purchasing an additional 1,188,841 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its stake in shares of Advantage Oil & Gas by 127.8% in the 3rd quarter. Canada Pension Plan Investment Board now owns 1,291,297 shares of the oil and gas company’s stock valued at $8,074,000 after purchasing an additional 724,433 shares in the last quarter. Institutional investors own 54.82% of the company’s stock.

Advantage Oil & Gas Ltd (AAV) opened at $4.75 on Tuesday. The stock has a market cap of $883.32, a P/E ratio of 29.69 and a beta of 0.86. Advantage Oil & Gas Ltd has a fifty-two week low of $4.63 and a fifty-two week high of $7.55. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.12.

AAV has been the subject of a number of research reports. TheStreet upgraded shares of Advantage Oil & Gas from a “c” rating to a “b-” rating in a report on Monday, August 7th. Scotiabank reiterated a “buy” rating and issued a $11.50 price objective on shares of Advantage Oil & Gas in a report on Tuesday, October 10th. Royal Bank Of Canada reiterated a “hold” rating and issued a $11.00 price objective on shares of Advantage Oil & Gas in a report on Monday, September 25th. BidaskClub upgraded shares of Advantage Oil & Gas from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Finally, Zacks Investment Research upgraded shares of Advantage Oil & Gas from a “sell” rating to a “hold” rating in a report on Thursday, November 23rd. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $9.44.

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Advantage Oil & Gas 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.

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

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