M/I Homes, Inc. (NYSE:MHO) Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC grew its position in M/I Homes, Inc. (NYSE:MHO) by 1.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,540 shares of the construction company’s stock after purchasing an additional 186 shares during the period. Yousif Capital Management LLC’s holdings in M/I Homes were worth $1,203,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Principal Securities Inc. purchased a new stake in shares of M/I Homes during the 4th quarter valued at about $27,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of M/I Homes during the 4th quarter valued at about $50,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of M/I Homes during the 4th quarter valued at about $70,000. Jones Financial Companies Lllp purchased a new stake in shares of M/I Homes during the 4th quarter valued at about $80,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of M/I Homes by 283.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 667 shares of the construction company’s stock valued at $88,000 after buying an additional 493 shares during the period. 95.14% of the stock is owned by institutional investors and hedge funds.

M/I Homes Stock Performance

Shares of M/I Homes stock opened at $104.17 on Wednesday. The stock has a market cap of $2.79 billion, a PE ratio of 5.51 and a beta of 1.65. The business has a fifty day simple moving average of $108.01 and a 200-day simple moving average of $120.99. The company has a quick ratio of 1.79, a current ratio of 7.43 and a debt-to-equity ratio of 0.31. M/I Homes, Inc. has a 12 month low of $100.22 and a 12 month high of $176.18.

M/I Homes (NYSE:MHO) last released its quarterly earnings data on Wednesday, April 23rd. The construction company reported $3.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.16 by ($0.18). The firm had revenue of $976.09 million for the quarter, compared to analyst estimates of $1.12 billion. M/I Homes had a net margin of 12.11% and a return on equity of 18.62%. M/I Homes’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the previous year, the business posted $4.78 EPS. On average, sell-side analysts anticipate that M/I Homes, Inc. will post 18.44 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on MHO. Seaport Res Ptn raised shares of M/I Homes from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 6th. Wall Street Zen lowered shares of M/I Homes from a “buy” rating to a “hold” rating in a research note on Friday, April 25th. Finally, Raymond James Financial reduced their price target on shares of M/I Homes from $168.00 to $140.00 and set a “strong-buy” rating on the stock in a research report on Tuesday, April 29th.

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.