Walleye Capital LLC Takes Position in M/I Homes, Inc. (NYSE:MHO)

Walleye Capital LLC acquired a new position in M/I Homes, Inc. (NYSE:MHO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 14,174 shares of the construction company’s stock, valued at approximately $1,884,000. Walleye Capital LLC owned 0.05% of M/I Homes as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Mariner LLC raised its stake in shares of M/I Homes by 1.8% in the 4th quarter. Mariner LLC now owns 25,021 shares of the construction company’s stock valued at $3,326,000 after acquiring an additional 433 shares during the period. Barclays PLC raised its position in M/I Homes by 34.1% in the fourth quarter. Barclays PLC now owns 169,796 shares of the construction company’s stock valued at $22,574,000 after purchasing an additional 43,219 shares during the period. Summit Investment Advisors Inc. lifted its stake in M/I Homes by 3.6% during the fourth quarter. Summit Investment Advisors Inc. now owns 2,787 shares of the construction company’s stock worth $371,000 after purchasing an additional 98 shares in the last quarter. Oak Associates Ltd. OH purchased a new position in shares of M/I Homes during the fourth quarter worth $601,000. Finally, Renaissance Technologies LLC grew its stake in shares of M/I Homes by 14.7% in the fourth quarter. Renaissance Technologies LLC now owns 42,800 shares of the construction company’s stock valued at $5,690,000 after buying an additional 5,500 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

M/I Homes Trading Up 1.7 %

NYSE:MHO opened at $105.93 on Friday. M/I Homes, Inc. has a 12-month low of $100.22 and a 12-month high of $176.18. The firm has a market cap of $2.87 billion, a PE ratio of 5.37 and a beta of 1.99. The company has a current ratio of 7.65, a quick ratio of 1.93 and a debt-to-equity ratio of 0.33. The stock has a fifty day moving average price of $114.64 and a 200 day moving average price of $136.67.

M/I Homes (NYSE:MHO) last announced its quarterly earnings data on Wednesday, January 29th. The construction company reported $4.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.96 by ($0.25). M/I Homes had a net margin of 12.51% and a return on equity of 20.20%. Sell-side analysts anticipate that M/I Homes, Inc. will post 18.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MHO has been the topic of several research reports. Seaport Res Ptn raised M/I Homes from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 6th. Raymond James reissued a “strong-buy” rating and set a $168.00 price target (down previously from $210.00) on shares of M/I Homes in a research report on Thursday, January 30th. Finally, StockNews.com raised shares of M/I Homes from a “hold” rating to a “buy” rating in a research note on Tuesday, February 25th.

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.