Forestar Group Inc. (FOR) CEO Acquires $15,810.00 in Stock
Forestar Group Inc. (NYSE:FOR) CEO Daniel C. Bartok purchased 1,000 shares of the stock in a transaction that occurred on Thursday, November 29th. The shares were bought at an average cost of $15.81 per share, for a total transaction of $15,810.00. Following the acquisition, the chief executive officer now owns 3,500 shares of the company’s stock, valued at $55,335. The transaction was disclosed in a filing with the SEC, which is available through this link.
FOR traded down $0.12 during trading on Thursday, reaching $14.80. The company’s stock had a trading volume of 259 shares, compared to its average volume of 71,132. Forestar Group Inc. has a 52-week low of $13.94 and a 52-week high of $26.39. The company has a quick ratio of 16.56, a current ratio of 16.56 and a debt-to-equity ratio of 0.18.
Institutional investors and hedge funds have recently made changes to their positions in the business. Tower Research Capital LLC TRC purchased a new stake in Forestar Group in the 2nd quarter valued at approximately $118,000. MetLife Investment Advisors LLC purchased a new stake in Forestar Group in the 3rd quarter valued at approximately $180,000. Nisa Investment Advisors LLC purchased a new stake in Forestar Group in the 2nd quarter valued at approximately $210,000. GSA Capital Partners LLP purchased a new stake in Forestar Group in the 2nd quarter valued at approximately $262,000. Finally, Strs Ohio boosted its holdings in Forestar Group by 9.9% in the 2nd quarter. Strs Ohio now owns 32,200 shares of the oil and gas exploration company’s stock valued at $668,000 after purchasing an additional 2,900 shares in the last quarter. 22.69% of the stock is currently owned by institutional investors.
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.
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