2 weeks Ago By Defense World Staff
Alliancebernstein L.P. reduced its position in M/I Homes, Inc.
( NYSE:MHO – Free Report ) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,860 shares of the construction company’s stock after selling 2,988 shares during the period.
Alliancebernstein L.P. owned approximately 0.
11% of M/I Homes worth $4,103,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Principal Securities Inc.
acquired a new position in shares of M/I Homes in the fourth quarter worth about $27,000. R Squared Ltd acquired a new position in shares of M/I Homes in the 4th quarter valued at approximately $33,000. Steward Partners Investment Advisory LLC purchased a new position in shares of M/I Homes during the 4th quarter valued at approximately $70,000.
Jones Financial Companies Lllp acquired a new stake in shares of M/I Homes during the fourth quarter worth approximately $80,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of M/I Homes by 283.3% in the fourth quarter.
Smartleaf Asset Management LLC now owns 667 shares of the construction company’s stock worth $88,000 after buying an additional 493 shares during the last quarter. 95.14% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets MHO has been the topic of a number of research analyst reports. StockNews.com upgraded shares of M/I Homes from a “hold” rating to a “buy” rating in a research note on Tuesday, February 25th.
Seaport Res Ptn raised shares of M/I Homes from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 6th. Finally, Raymond James restated a “strong-buy” rating and set a $168.00 price objective (down previously from $210.
00) on shares of M/I Homes in a research note on Thursday, January 30th. M/I Homes Stock Down 0.1 % MHO stock opened at $106.
15 on Monday. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of 5.
39 and a beta of 1.99. M/I Homes, Inc.
has a 1-year low of $100.22 and a 1-year high of $176.18.
The firm has a fifty day moving average price of $115.92 and a two-hundred day moving average price of $138.47.
The company has a debt-to-equity ratio of 0.33, a current ratio of 7.65 and a quick ratio of 1.
93. M/I Homes ( NYSE:MHO – Get Free Report ) last announced its quarterly earnings data on Wednesday, January 29th. The construction company reported $4.
71 earnings per share for the quarter, missing analysts’ consensus estimates of $4.96 by ($0.25).
M/I Homes had a net margin of 12.51% and a return on equity of 20.20%.
Research analysts predict that M/I Homes, Inc. will post 18.44 EPS for the current year.
M/I Homes Company 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. Featured Articles Five stocks we like better than M/I Homes How to Use the MarketBeat Dividend Calculator Is McDonald’s Stock Serving a Value Meal to Investors? How to Invest in Blue Chip Stocks Walgreens Comeback? Private Equity Circling for a Buyout 3 Stocks to Consider Buying in October Coca-Cola Stock Looks Refreshing After the Relief Rally Want to see what other hedge funds are holding MHO? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for M/I Homes, Inc. ( NYSE:MHO – Free Report ). Receive News & Ratings for M/I Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M/I Homes and related companies with MarketBeat.
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