Vanguard Group Inc. increased its holdings in shares of Forestar Group Inc (NYSE:FOR) by 13.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,555,817 shares of the oil and gas exploration company’s stock after buying an additional 420,060 shares during the quarter. Vanguard Group Inc. owned 8.48% of Forestar Group worth $60,983,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. State of Alaska Department of Revenue grew its stake in Forestar Group by 79.8% during the 2nd quarter. State of Alaska Department of Revenue now owns 6,543 shares of the oil and gas exploration company’s stock worth $112,000 after buying an additional 2,903 shares during the last quarter. Municipal Employees Retirement System of Michigan grew its stake in Forestar Group by 27.3% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,780 shares of the oil and gas exploration company’s stock worth $133,000 after buying an additional 1,670 shares during the last quarter. FNY Partners Fund LP purchased a new position in Forestar Group during the 2nd quarter worth $136,000. OppenheimerFunds Inc. grew its stake in Forestar Group by 2.6% during the 1st quarter. OppenheimerFunds Inc. now owns 12,179 shares of the oil and gas exploration company’s stock worth $166,000 after buying an additional 310 shares during the last quarter. Finally, Covenant Multifamily Offices LLC purchased a new position in Forestar Group during the 2nd quarter worth $184,000. Hedge funds and other institutional investors own 85.21% of the company’s stock.

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Separately, BidaskClub downgraded Forestar Group from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th.

Forestar Group Company Profile

Forestar Group Inc is a residential and mixed-use real estate development company. The Company operates through three segments. The Real Estate segment secures entitlements and develops infrastructure on its lands, for single-family residential and mixed-use communities. The Mineral resources segment is focused on its owned oil and gas mineral interests through promoting exploration, development and production activities.

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

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