Yousif Capital Management LLC Sells 275 Shares of M/I Homes, Inc. (NYSE:MHO)

Yousif Capital Management LLC lowered its position in M/I Homes, Inc. (NYSE:MHO) by 2.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,354 shares of the construction company’s stock after selling 275 shares during the period. Yousif Capital Management LLC’s holdings in M/I Homes were worth $1,377,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Westfield Capital Management Co. LP increased its position in M/I Homes by 3.7% during the 3rd quarter. Westfield Capital Management Co. LP now owns 1,107,024 shares of the construction company’s stock valued at $189,700,000 after buying an additional 39,492 shares in the last quarter. Geode Capital Management LLC increased its position in M/I Homes by 3.1% during the 3rd quarter. Geode Capital Management LLC now owns 723,797 shares of the construction company’s stock valued at $124,050,000 after buying an additional 21,575 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in M/I Homes by 4.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 462,081 shares of the construction company’s stock valued at $79,182,000 after buying an additional 19,754 shares in the last quarter. Hennessy Advisors Inc. bought a new position in M/I Homes during the 4th quarter valued at approximately $43,674,000. Finally, Basswood Capital Management L.L.C. increased its position in M/I Homes by 1.8% during the 3rd quarter. Basswood Capital Management L.L.C. now owns 314,634 shares of the construction company’s stock valued at $53,916,000 after buying an additional 5,571 shares in the last quarter. Institutional investors own 95.14% of the company’s stock.

M/I Homes Price Performance

Shares of MHO opened at $117.27 on Thursday. The firm has a fifty day simple moving average of $136.16 and a two-hundred day simple moving average of $151.47. The firm has a market cap of $3.25 billion, a PE ratio of 5.95 and a beta of 2.29. The company has a current ratio of 7.32, a quick ratio of 1.93 and a debt-to-equity ratio of 0.33. M/I Homes, Inc. has a 1-year low of $109.92 and a 1-year high of $176.18.

M/I Homes (NYSE:MHO) last issued its quarterly earnings data on Wednesday, January 29th. The construction company reported $4.71 earnings per share for the quarter, missing the consensus estimate of $4.96 by ($0.25). M/I Homes had a return on equity of 20.20% and a net margin of 12.51%. On average, equities analysts anticipate that M/I Homes, Inc. will post 18.44 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on MHO shares. StockNews.com lowered M/I Homes from a “buy” rating to a “hold” rating in a report on Friday, January 31st. Raymond James reaffirmed a “strong-buy” rating and set a $168.00 price objective (down from $210.00) on shares of M/I Homes in a research report on Thursday, January 30th. Finally, Wedbush raised M/I Homes from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $155.00 to $185.00 in a research report on Monday, November 4th.

About M/I Homes

M/I Homes, Inc, together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments.