Jane Street Group LLC purchased a new stake in Forestar Group Inc (NYSE:FOR) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,141 shares of the oil and gas exploration company’s stock, valued at approximately $432,000. Jane Street Group LLC owned about 0.06% of Forestar Group as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Municipal Employees Retirement System of Michigan increased its stake in Forestar Group by 27.3% in the second quarter. Municipal Employees Retirement System of Michigan now owns 7,780 shares of the oil and gas exploration company’s stock valued at $133,000 after purchasing an additional 1,670 shares during the last quarter. FNY Partners Fund LP purchased a new position in shares of Forestar Group during the second quarter worth approximately $136,000. Quantbot Technologies LP purchased a new position in shares of Forestar Group during the second quarter worth approximately $149,000. Stifel Financial Corp grew its position in shares of Forestar Group by 1.8% during the second quarter. Stifel Financial Corp now owns 10,632 shares of the oil and gas exploration company’s stock worth $182,000 after acquiring an additional 183 shares during the last quarter. Finally, Covenant Multifamily Offices LLC purchased a new position in shares of Forestar Group during the second quarter worth approximately $184,000. Institutional investors own 79.72% of the company’s stock.

Forestar Group Inc (NYSE:FOR) opened at $22.45 on Tuesday. The company has a current ratio of 26.13, a quick ratio of 26.13 and a debt-to-equity ratio of 0.18. The stock has a market cap of $943.63, a P/E ratio of 19.40 and a beta of 1.93. Forestar Group Inc has a 1 year low of $12.30 and a 1 year high of $22.70.

Separately, ValuEngine lowered shares of Forestar Group from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.

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About Forestar Group

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.

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

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