Yousif Capital Management LLC Sells 275 Shares of M/I Homes, Inc. (NYSE:MHO)

Yousif Capital Management LLC trimmed its holdings in shares of M/I Homes, Inc. (NYSE:MHO) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,354 shares of the construction company’s stock after selling 275 shares during the quarter. Yousif Capital Management LLC’s holdings in M/I Homes were worth $1,377,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Hennessy Advisors Inc. purchased a new position in shares of M/I Homes in the fourth quarter valued at about $43,674,000. Assenagon Asset Management S.A. raised its stake in M/I Homes by 260.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 199,877 shares of the construction company’s stock valued at $34,251,000 after purchasing an additional 144,406 shares during the period. Vision Capital Corp purchased a new position in M/I Homes in the 3rd quarter worth approximately $12,424,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in M/I Homes by 129.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 124,546 shares of the construction company’s stock worth $21,342,000 after purchasing an additional 70,278 shares during the period. Finally, Royce & Associates LP grew its holdings in M/I Homes by 30.0% during the 3rd quarter. Royce & Associates LP now owns 192,907 shares of the construction company’s stock valued at $33,057,000 after buying an additional 44,559 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors.

M/I Homes Stock Performance

Shares of M/I Homes stock opened at $117.27 on Thursday. The stock’s fifty day moving average is $136.16 and its two-hundred day moving average is $151.47. The company has a market capitalization of $3.25 billion, a PE ratio of 5.95 and a beta of 2.29. The company has a quick ratio of 1.93, a current ratio of 7.32 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.

M/I Homes (NYSE:MHO) last posted its quarterly earnings results on Wednesday, January 29th. The construction company reported $4.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.96 by ($0.25). M/I Homes had a return on equity of 20.20% and a net margin of 12.51%. As a group, analysts expect that M/I Homes, Inc. will post 18.44 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on MHO shares. Wedbush raised shares of M/I Homes from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $155.00 to $185.00 in a report on Monday, November 4th. 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 report on Thursday, January 30th. Finally, StockNews.com cut M/I Homes from a “buy” rating to a “hold” rating in a report on Friday, January 31st.

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.