M/I Homes, Inc. (NYSE:MHO) Shares Purchased by Arizona State Retirement System

Arizona State Retirement System grew its stake in shares of M/I Homes, Inc. (NYSE:MHOFree Report) by 7.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 7,923 shares of the construction company’s stock after acquiring an additional 528 shares during the period. Arizona State Retirement System’s holdings in M/I Homes were worth $666,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of M/I Homes by 10.1% during the 1st quarter. JPMorgan Chase & Co. now owns 135,328 shares of the construction company’s stock worth $6,001,000 after purchasing an additional 12,383 shares during the period. Raymond James & Associates boosted its stake in shares of M/I Homes by 9.0% during the 1st quarter. Raymond James & Associates now owns 41,642 shares of the construction company’s stock valued at $1,847,000 after buying an additional 3,425 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of M/I Homes by 1.2% during the 1st quarter. Bank of New York Mellon Corp now owns 351,226 shares of the construction company’s stock valued at $15,578,000 after buying an additional 4,106 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of M/I Homes by 21.3% during the 1st quarter. American Century Companies Inc. now owns 42,122 shares of the construction company’s stock valued at $1,868,000 after buying an additional 7,390 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of M/I Homes by 10.6% during the 1st quarter. US Bancorp DE now owns 3,332 shares of the construction company’s stock valued at $148,000 after acquiring an additional 318 shares in the last quarter. Institutional investors and hedge funds own 94.84% of the company’s stock.

Wall Street Analysts Forecast Growth

MHO has been the topic of several research reports. Wedbush lowered M/I Homes from an “outperform” rating to a “neutral” rating and set a $116.00 price target on the stock. in a research report on Monday, December 18th. StockNews.com lowered M/I Homes from a “buy” rating to a “hold” rating in a research report on Thursday, February 1st.

View Our Latest Analysis on M/I Homes

M/I Homes Price Performance

Shares of NYSE MHO opened at $120.13 on Thursday. M/I Homes, Inc. has a 1-year low of $54.55 and a 1-year high of $140.73. The company has a debt-to-equity ratio of 0.34, a current ratio of 6.30 and a quick ratio of 1.55. The business’s fifty day moving average price is $126.67 and its two-hundred day moving average price is $104.03. The firm has a market capitalization of $3.35 billion, a PE ratio of 7.40 and a beta of 2.15.

M/I Homes Company Profile

(Free Report)

M/I Homes, Inc, together with its subsidiaries, operates as a builder of single-family 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. It also designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers under the M/I Homes brand name.

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Institutional Ownership by Quarter for M/I Homes (NYSE:MHO)

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