Stifel Financial Corp held its stake in Forestar Group Inc (NYSE:FOR) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,449 shares of the oil and gas exploration company’s stock at the end of the first quarter. Stifel Financial Corp’s holdings in Forestar Group were worth $141,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of FOR. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Forestar Group by 1,200.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,583 shares of the oil and gas exploration company’s stock valued at $104,000 after buying an additional 7,000 shares during the last quarter. Mason Street Advisors LLC boosted its stake in Forestar Group by 32.7% in the first quarter. Mason Street Advisors LLC now owns 7,702 shares of the oil and gas exploration company’s stock valued at $105,000 after buying an additional 1,900 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in Forestar Group by 25.2% in the first quarter. Louisiana State Employees Retirement System now owns 13,400 shares of the oil and gas exploration company’s stock valued at $183,000 after buying an additional 2,700 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in Forestar Group by 5.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 14,310 shares of the oil and gas exploration company’s stock valued at $190,000 after buying an additional 770 shares during the last quarter. Finally, Guyasuta Investment Advisors Inc. acquired a new stake in Forestar Group during the first quarter valued at $205,000. Hedge funds and other institutional investors own 84.37% of the company’s stock.

Forestar Group Inc (FOR) traded down 0.58% on Friday, reaching $17.10. The company’s stock had a trading volume of 235,492 shares. Forestar Group Inc has a 52 week low of $10.60 and a 52 week high of $17.77. The company has a market capitalization of $715.75 million, a price-to-earnings ratio of 8.23 and a beta of 1.95. The firm’s 50 day moving average price is $17.04 and its 200-day moving average price is $14.55.

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Several research firms recently weighed in on FOR. BidaskClub cut Forestar Group from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. TheStreet cut Forestar Group from a “b-” rating to a “c+” rating in a research note on Friday, May 26th.

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.

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

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