4,125 Shares in M/I Homes, Inc. (NYSE:MHO) Purchased by Graham Capital Management L.P.

Graham Capital Management L.P. bought a new stake in M/I Homes, Inc. (NYSE:MHO - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,125 shares of the construction company's stock, valued at approximately $548,000.

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

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. StockNews.com cut shares of M/I Homes from a "buy" rating to a "hold" rating in a research report on Friday, April 25th. Raymond James lowered their price objective on shares of M/I Homes from $168.00 to $140.00 and set a "strong-buy" rating on the stock in a research note on Tuesday, April 29th. Finally, Seaport Res Ptn upgraded shares of M/I Homes from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 6th.

M/I Homes Price Performance

MHO stock traded down $1.72 during trading on Monday, reaching $110.68. 145,398 shares of the company were exchanged, compared to its average volume of 284,492. The company has a 50-day moving average of $110.82 and a two-hundred day moving average of $128.71. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 5.62 and a beta of 1.75. M/I Homes, Inc. has a twelve month low of $100.22 and a twelve month high of $176.18. 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 posted its quarterly earnings data on Wednesday, April 23rd. The construction company reported $3.98 earnings per share for the quarter, missing the consensus estimate 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. During the same quarter last year, the company earned $4.78 earnings per share. The company's quarterly revenue was down 7.4% compared to the same quarter last year. As a group, equities analysts predict that M/I Homes, Inc. will post 18.44 earnings per share for the current fiscal year.

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.