Winfield Associates Inc. Has $690,000 Stock Position in M/I Homes, Inc. (NYSE:MHO)

Winfield Associates Inc. increased its holdings in shares of M/I Homes, Inc. (NYSE:MHOGet Rating) by 22.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,100 shares of the construction company’s stock after acquiring an additional 2,000 shares during the quarter. Winfield Associates Inc.’s holdings in M/I Homes were worth $690,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Donald Smith & CO. Inc. increased its holdings in shares of M/I Homes by 8.8% during the 4th quarter. Donald Smith & CO. Inc. now owns 1,606,512 shares of the construction company’s stock worth $99,893,000 after acquiring an additional 130,449 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of M/I Homes by 31.2% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 434,889 shares of the construction company’s stock worth $25,137,000 after acquiring an additional 103,401 shares during the last quarter. FMR LLC increased its holdings in shares of M/I Homes by 94.6% during the 1st quarter. FMR LLC now owns 411,843 shares of the construction company’s stock worth $10,963,000 after acquiring an additional 200,190 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of M/I Homes by 0.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 370,578 shares of the construction company’s stock worth $21,420,000 after acquiring an additional 2,203 shares during the last quarter. Finally, Timelo Investment Management Inc. acquired a new position in shares of M/I Homes during the 4th quarter worth approximately $12,844,000. 89.55% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently issued reports on MHO shares. Zacks Investment Research upgraded M/I Homes from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a research note on Wednesday, May 4th. StockNews.com started coverage on M/I Homes in a research note on Thursday, March 31st. They issued a “hold” rating for the company.

MHO traded up $1.26 during trading on Friday, hitting $45.01. The stock had a trading volume of 284,467 shares, compared to its average volume of 288,766. The company has a 50 day moving average price of $45.66 and a 200-day moving average price of $52.51. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 3.31 and a beta of 1.89. The company has a debt-to-equity ratio of 0.53, a current ratio of 4.73 and a quick ratio of 0.66. M/I Homes, Inc. has a one year low of $40.30 and a one year high of $71.22.

M/I Homes (NYSE:MHOGet Rating) last released its earnings results on Wednesday, April 27th. The construction company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.98 by $0.18. M/I Homes had a return on equity of 25.94% and a net margin of 10.69%. During the same quarter in the prior year, the business posted $2.85 earnings per share. As a group, sell-side analysts predict that M/I Homes, Inc. will post 16.11 EPS for the current fiscal year.

About M/I Homes (Get Rating)

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 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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