Quartz Partners LLC raised its holdings in shares of M/I Homes, Inc. (NYSE:MHO – Free Report) by 11.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,100 shares of the construction company’s stock after buying an additional 1,048 shares during the quarter. Quartz Partners LLC’s holdings in M/I Homes were worth $1,343,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the business. Westfield Capital Management Co. LP raised its holdings in M/I Homes by 3.7% in the 3rd quarter. Westfield Capital Management Co. LP now owns 1,107,024 shares of the construction company’s stock valued at $189,700,000 after acquiring an additional 39,492 shares during the last quarter. Geode Capital Management LLC grew its position in shares of M/I Homes by 3.1% in the third quarter. Geode Capital Management LLC now owns 723,797 shares of the construction company’s stock valued at $124,050,000 after purchasing an additional 21,575 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of M/I Homes by 4.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 462,081 shares of the construction company’s stock valued at $79,182,000 after purchasing an additional 19,754 shares in the last quarter. Hennessy Advisors Inc. acquired a new position in M/I Homes during the fourth quarter worth $43,674,000. Finally, Basswood Capital Management L.L.C. grew its holdings in M/I Homes by 1.8% in the 3rd quarter. Basswood Capital Management L.L.C. now owns 314,634 shares of the construction company’s stock valued at $53,916,000 after buying an additional 5,571 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.
M/I Homes Stock Performance
Shares of M/I Homes stock opened at $116.95 on Monday. The firm has a market cap of $3.17 billion, a PE ratio of 5.93 and a beta of 2.29. The company has a quick ratio of 1.93, a current ratio of 7.65 and a debt-to-equity ratio of 0.33. M/I Homes, Inc. has a 52 week low of $109.92 and a 52 week high of $176.18. The business’s fifty day simple moving average is $129.73 and its 200-day simple moving average is $149.25.
Wall Street Analysts Forecast Growth
MHO has been the subject of a number of recent research reports. Raymond James reaffirmed a “strong-buy” rating and issued a $168.00 target price (down from $210.00) on shares of M/I Homes in a research note on Thursday, January 30th. Wedbush upgraded shares of M/I Homes from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $155.00 to $185.00 in a research report on Monday, November 4th. Finally, StockNews.com lowered shares of M/I Homes from a “buy” rating to a “hold” rating in a report on Friday, January 31st.
View Our Latest Report on M/I Homes
M/I Homes 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.
Featured Articles
- Five stocks we like better than M/I Homes
- Utilities Stocks Explained – How and Why to Invest in Utilities
- 5 S&P 500 Dividend Stocks Set to Reward Investors
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Why Genuine Parts Company Is a Royally Good Buy Right Now
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch
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.com's FREE daily email newsletter.