5,813 Shares in M/I Homes, Inc. (NYSE:MHO) Bought by Two Sigma Securities LLC

Two Sigma Securities LLC purchased a new stake in M/I Homes, Inc. (NYSE:MHO - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,813 shares of the construction company's stock, valued at approximately $773,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Hennessy Advisors Inc. acquired a new position in shares of M/I Homes during the 4th quarter worth $43,674,000. Royce & Associates LP grew its holdings in M/I Homes by 42.5% during the 4th quarter. Royce & Associates LP now owns 274,871 shares of the construction company's stock valued at $36,544,000 after buying an additional 81,964 shares during the last quarter. Raymond James Financial Inc. purchased a new position in M/I Homes during the fourth quarter worth $10,672,000. Donald Smith & CO. Inc. raised its holdings in shares of M/I Homes by 6.0% in the fourth quarter. Donald Smith & CO. Inc. now owns 1,164,189 shares of the construction company's stock worth $154,779,000 after acquiring an additional 65,771 shares during the last quarter. Finally, Barclays PLC increased its position in M/I Homes by 34.1% during the 4th quarter. Barclays PLC now owns 169,796 shares of the construction company's stock worth $22,574,000 after purchasing an additional 43,219 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company's stock.

M/I Homes Trading Up 0.6 %

MHO stock traded up $0.63 on Thursday, hitting $107.31. 83,213 shares of the company were exchanged, compared to its average volume of 284,815. The company has a debt-to-equity ratio of 0.33, a current ratio of 7.65 and a quick ratio of 1.93. The stock has a market capitalization of $2.87 billion, a price-to-earnings ratio of 5.45 and a beta of 1.99. The business's fifty day moving average is $112.75 and its two-hundred day moving average is $133.47. M/I Homes, Inc. has a twelve month low of $100.22 and a twelve month high of $176.18.

M/I Homes (NYSE:MHO - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The construction company reported $3.98 EPS for the quarter, missing the consensus estimate of $4.16 by ($0.18). The firm had revenue of $976.09 million for the quarter, compared to analyst estimates of $1.12 billion. M/I Homes had a return on equity of 20.20% and a net margin of 12.51%. The business's revenue was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.78 earnings per share. As a group, research analysts forecast that M/I Homes, Inc. will post 18.44 earnings per share for the current year.

Wall Street Analyst Weigh In

MHO has been the topic of several analyst reports. 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. Raymond James cut their price target on M/I Homes from $168.00 to $140.00 and set a "strong-buy" rating for the company in a report on Tuesday. Finally, StockNews.com cut M/I Homes from a "buy" rating to a "hold" rating in a report on Friday, April 25th.

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.