Advantage Oil & Gas Ltd. (AAV) Trades at $3.05 After Triangle; Valley National Bancorp Has 1.12 Sentiment

Advantage Oil & Gas Ltd. (NYSE:AAV) Logo

Valley National Bancorp (VLY) investors sentiment decreased to 1.12 in 2018 Q1. It’s down -0.18, from 1.3 in 2017Q4. The ratio worsened, as 109 hedge funds increased or opened new holdings, while 97 reduced and sold their equity positions in Valley National Bancorp. The hedge funds in our database now possess: 178.23 million shares, up from 165.19 million shares in 2017Q4. Also, the number of hedge funds holding Valley National Bancorp in top ten holdings was flat from 0 to 0 for the same number . Sold All: 33 Reduced: 64 Increased: 80 New Position: 29.

Advantage Oil & Gas Ltd. (AAV) formed triangle with $3.20 target or 5.00% above today’s $3.05 share price. Advantage Oil & Gas Ltd. (AAV) has $580.52M valuation. The stock decreased 1.61% or $0.05 during the last trading session, reaching $3.05. About 137,420 shares traded. Advantage Oil & Gas Ltd. (NYSE:AAV) has declined 53.91% since June 18, 2017 and is downtrending. It has underperformed by 66.48% the S&P500. Some Historical AAV News: ; 05/03/2018 – ADVANTAGE OIL & GAS LTD AAV.TO – ADVANTAGE’S $175 MLN CAPITAL PROGRAM FOR 2018 IS WEIGHTED APPROXIMATELY 60% TO FIRST HALF OF YEAR; 19/04/2018 – ADVANTAGE OIL & GAS LTD -ADDITIONAL WORK IS STILL REQUIRED TO COMPLETE GLACIER GAS PLANT EXPANSION PROJECT; 19/04/2018 – ADVANTAGE OIL & GAS -TOTAL PER UNIT CORPORATE CASH COSTS EXPECTED TO DECREASE TO ABOUT $1.15/MCFE AS PRODUCTION IS INCREASED DURING H2 2018; 06/03/2018 – Advantage Oil & Gas Short-Interest Ratio Rises 57% to 7 Days; 20/03/2018 – ADVANTAGE OIL & GAS LTD AAV.TO : CIBC RAISES TARGET PRICE TO C$6.50 FROM C$5.50; 19/04/2018 – ADVANTAGE OIL & GAS LTD AAV.TO – SEES AVERAGE ANNUAL PRODUCTION 240 MMCFE/D TO 255 MMCFE/D; 15/04/2018 – ADVANTAGE OIL & GAS NAMES DAVID STERNA VP MARKETING/ COMMERCIAL; 03/05/2018 – ADVANTAGE OIL & GAS 1Q EPS C$0.05, EST. C$0.06 (2 EST.); 03/05/2018 – ADVANTAGE OIL & GAS LTD – ANNUAL 2018 PRODUCTION IS ESTIMATED TO AVERAGE BETWEEN 240 AND 255 MCFE/D; 15/05/2018 – Capital World Investors Buys 2.2% of Advantage Oil & Gas

Among 4 analysts covering Advantage Oil & Gas Ltd. (NYSE:AAV), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Advantage Oil & Gas Ltd. had 10 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, July 20. Credit Suisse upgraded Advantage Oil & Gas Ltd. (NYSE:AAV) rating on Friday, October 14. Credit Suisse has “Outperform” rating and $1 target. The firm has “Outperform” rating given on Monday, August 8 by RBC Capital Markets. The company was maintained on Thursday, July 21 by TD Securities. The firm has “Market Perform” rating given on Tuesday, October 10 by BMO Capital Markets. The stock of Advantage Oil & Gas Ltd. (NYSE:AAV) earned “Buy” rating by TD Securities on Friday, August 7. BMO Capital Markets initiated the stock with “Outperform” rating in Thursday, July 21 report.

Analysts await Advantage Oil & Gas Ltd. (NYSE:AAV) to report earnings on August, 2. They expect $0.01 earnings per share, down 83.33% or $0.05 from last year’s $0.06 per share. AAV’s profit will be $1.90 million for 76.25 P/E if the $0.01 EPS becomes a reality. After $0.04 actual earnings per share reported by Advantage Oil & Gas Ltd. for the previous quarter, Wall Street now forecasts -75.00% negative EPS growth.

Hillcrest Asset Management Llc holds 2.04% of its portfolio in Valley National Bancorp for 813,334 shares. Mendon Capital Advisors Corp owns 1.40 million shares or 1.59% of their US portfolio. Moreover, Hourglass Capital Llc has 1.41% invested in the company for 494,680 shares. The Florida-based Texas Yale Capital Corp. has invested 0.93% in the stock. Maltese Capital Management Llc, a New York-based fund reported 1.08 million shares.

Since January 1, 0001, it had 2 insider purchases, and 5 sales for $6.81 million activity.

Valley National Bancorp operates as the holding firm for the Valley National Bank that provides commercial, retail, trust, and investment services. The company has market cap of $4.21 billion. The firm operates through Commercial Lending, Consumer Lending, and Investment Management divisions. It has a 24.28 P/E ratio. The Company’s deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit.

The stock increased 0.40% or $0.05 during the last trading session, reaching $12.7. About 6.47M shares traded or 172.46% up from the average. Valley National Bancorp (VLY) has risen 11.46% since June 18, 2017 and is uptrending. It has underperformed by 1.11% the S&P500. Some Historical VLY News: ; 14/05/2018 – Silicon Valley Bank Is Coming for Canada’s Burgeoning Tech Scene; 12/03/2018 – Interior-Parks: Cuyahoga Valley National Park; 10/04/2018 – Silicon Valley Bank Expands Energy and Resource Innovation Practice; 05/04/2018 – Golden Valley Bank Reports Strong Growth, Earnings and Dividend; 08/03/2018 – Moody’s Affirms SVB Financial and Silicon Valley Bank Unit, Including A3 Long-Term Issuer Rating for Bank; 22/04/2018 – DJ Valley National Bancorp, Inst Holders, 1Q 2018 (VLY); 26/04/2018 – Valley National Bancorp 1Q Net Interest Income $209.1; 09/04/2018 – Heritage Commerce Corp Announces The Completion Of Its Merger With Tri-Valley Bank; 26/03/2018 – NETLIST SAYS ON MARCH 20, CO, SILICON VALLEY BANK ENTERED INTO AMENDMENT TO THEIR LOAN, SECURITY AGREEMENT DATED OCT 31, 2009 – SEC FILING; 05/03/2018 TINTRI INC – ON MARCH 5, 2018, CO ENTERED INTO WAIVER AND TENTH AMENDMENT TO LOAN AND SECURITY AGREEMENT WITH SILICON VALLEY BANK – SEC FILING

Valley National Bancorp (NYSE:VLY) Institutional Positions Chart