605 Shares in M/I Homes, Inc. (NYSE:MHO) Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp bought a new position in M/I Homes, Inc. (NYSE:MHOFree Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 605 shares of the construction company’s stock, valued at approximately $80,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MHO. Smartleaf Asset Management LLC boosted its position in M/I Homes by 283.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 667 shares of the construction company’s stock valued at $88,000 after buying an additional 493 shares during the period. Fisher Asset Management LLC boosted its position in M/I Homes by 122.4% during the fourth quarter. Fisher Asset Management LLC now owns 36,293 shares of the construction company’s stock valued at $4,825,000 after buying an additional 19,974 shares during the period. Illinois Municipal Retirement Fund boosted its position in M/I Homes by 3.6% during the fourth quarter. Illinois Municipal Retirement Fund now owns 15,504 shares of the construction company’s stock valued at $2,061,000 after buying an additional 533 shares during the period. Los Angeles Capital Management LLC boosted its position in M/I Homes by 1.9% during the fourth quarter. Los Angeles Capital Management LLC now owns 10,425 shares of the construction company’s stock valued at $1,386,000 after buying an additional 194 shares during the period. Finally, Quartz Partners LLC boosted its position in M/I Homes by 11.6% during the fourth quarter. Quartz Partners LLC now owns 10,100 shares of the construction company’s stock valued at $1,343,000 after buying an additional 1,048 shares during the period. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on MHO. Raymond James restated a “strong-buy” rating and set a $168.00 price target (down from $210.00) on shares of M/I Homes in a research report on Thursday, January 30th. Seaport Res Ptn raised shares of M/I Homes from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 6th. Finally, StockNews.com raised shares of M/I Homes from a “hold” rating to a “buy” rating in a research note on Tuesday, February 25th.

Check Out Our Latest Research Report on MHO

M/I Homes Stock Performance

Shares of NYSE:MHO opened at $117.17 on Monday. The company has a market cap of $3.18 billion, a price-to-earnings ratio of 5.94 and a beta of 2.31. The company has a 50-day moving average price of $124.08 and a 200-day moving average price of $145.86. The company has a current ratio of 7.65, a quick ratio of 1.93 and a debt-to-equity ratio of 0.33. M/I Homes, Inc. has a 12 month low of $109.92 and a 12 month high of $176.18.

M/I Homes (NYSE:MHOGet Free Report) last released its quarterly earnings results on Wednesday, January 29th. The construction company reported $4.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.96 by ($0.25). M/I Homes had a return on equity of 20.20% and a net margin of 12.51%. As a group, equities analysts anticipate that M/I Homes, Inc. will post 18.44 EPS for the current year.

M/I Homes Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for M/I Homes (NYSE:MHO)

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