M/I Homes, Inc. (NYSE:MHO) Shares Bought by Barclays PLC

Barclays PLC boosted its holdings in shares of M/I Homes, Inc. (NYSE:MHO - Free Report) by 34.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,796 shares of the construction company's stock after buying an additional 43,219 shares during the period. Barclays PLC owned approximately 0.61% of M/I Homes worth $22,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in MHO. Principal Securities Inc. acquired a new position in M/I Homes during the 4th quarter valued at approximately $27,000. R Squared Ltd purchased a new stake in shares of M/I Homes during the fourth quarter valued at $33,000. Aster Capital Management DIFC Ltd acquired a new position in shares of M/I Homes in the 4th quarter valued at $50,000. Steward Partners Investment Advisory LLC purchased a new position in M/I Homes in the 4th quarter worth $70,000. Finally, Jones Financial Companies Lllp acquired a new stake in M/I Homes during the 4th quarter worth about $80,000. Institutional investors and hedge funds own 95.14% of the company's stock.

M/I Homes Stock Performance

Shares of MHO traded down $1.96 during mid-day trading on Friday, reaching $105.27. The company had a trading volume of 21,456 shares, compared to its average volume of 298,006. The stock has a 50 day moving average of $113.70 and a two-hundred day moving average of $135.04. The company has a quick ratio of 1.93, a current ratio of 7.65 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $2.85 billion, a P/E ratio of 5.34 and a beta of 1.99. M/I Homes, Inc. has a 52-week low of $100.22 and a 52-week high of $176.18.

M/I Homes (NYSE:MHO - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The construction company reported $3.98 EPS for the quarter, missing analysts' consensus estimates of $4.16 by ($0.18). M/I Homes had a return on equity of 20.20% and a net margin of 12.51%. The firm had revenue of $976.09 million for the quarter, compared to analyst estimates of $1.12 billion. On average, analysts expect that M/I Homes, Inc. will post 18.44 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on MHO. StockNews.com upgraded 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 reaffirmed a "strong-buy" rating and issued a $168.00 price objective (down from $210.00) on shares of M/I Homes in a report on Thursday, January 30th.

M/I Homes Company Profile

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.