Forestar Group Inc. (FOR) Stake Lessened by Strs Ohio

Strs Ohio trimmed its position in shares of Forestar Group Inc. (NYSE:FOR) by 8.7% during the third quarter, HoldingsChannel.com reports. The fund owned 29,400 shares of the oil and gas exploration company’s stock after selling 2,800 shares during the quarter. Strs Ohio’s holdings in Forestar Group were worth $623,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently modified their holdings of FOR. Tower Research Capital LLC TRC acquired a new position in shares of Forestar Group during the second quarter worth about $118,000. Barclays PLC increased its stake in shares of Forestar Group by 174.7% during the first quarter. Barclays PLC now owns 6,085 shares of the oil and gas exploration company’s stock worth $128,000 after acquiring an additional 3,870 shares during the period. Nisa Investment Advisors LLC acquired a new position in shares of Forestar Group during the second quarter worth about $210,000. GSA Capital Partners LLP acquired a new position in shares of Forestar Group during the second quarter worth about $262,000. Finally, Schwab Charles Investment Management Inc. increased its stake in shares of Forestar Group by 26.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 54,574 shares of the oil and gas exploration company’s stock worth $1,133,000 after acquiring an additional 11,424 shares during the period. Institutional investors and hedge funds own 22.91% of the company’s stock.

Shares of Forestar Group stock opened at $17.23 on Friday. Forestar Group Inc. has a 52-week low of $17.00 and a 52-week high of $26.39. The company has a debt-to-equity ratio of 0.18, a current ratio of 16.56 and a quick ratio of 16.56.

Forestar Group (NYSE:FOR) last issued its quarterly earnings results on Wednesday, August 8th. The oil and gas exploration company reported $0.22 earnings per share (EPS) for the quarter. Forestar Group had a net margin of 37.75% and a negative return on equity of 0.45%. The business had revenue of $23.57 million for the quarter.

COPYRIGHT VIOLATION NOTICE: This report was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this report can be accessed at https://sportsperspectives.com/2018/11/09/forestar-group-inc-for-stake-lessened-by-strs-ohio.html.

Forestar Group Company Profile

Forestar Group Inc operates as a real estate development company. The company engages in the acquisition, entitlement, development, and sale of real estate, primarily single-family residential and mixed-use communities. It also sells residential lots to home builders; and commercial properties. As of December 31, 2017, Forestar Group Inc had 49 entitled, developed, or under development projects in 11 states and 16 markets planned for residential and commercial uses in the United States.

Recommended Story: How is an ETF different from a mutual fund?

Want to see what other hedge funds are holding FOR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Forestar Group Inc. (NYSE:FOR).

Institutional Ownership by Quarter for Forestar Group (NYSE:FOR)

Receive News & Ratings for Forestar Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forestar Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply