Mariner LLC Purchases 433 Shares of M/I Homes, Inc. (NYSE:MHO)

Mariner LLC lifted its position in shares of M/I Homes, Inc. (NYSE:MHO) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,021 shares of the construction company’s stock after purchasing an additional 433 shares during the quarter. Mariner LLC owned 0.09% of M/I Homes worth $3,326,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Securities Inc. bought a new position in M/I Homes during the fourth quarter worth about $27,000. R Squared Ltd bought a new position in shares of M/I Homes during the 4th quarter valued at about $33,000. Aster Capital Management DIFC Ltd acquired a new position in shares of M/I Homes in the 4th quarter valued at approximately $50,000. Steward Partners Investment Advisory LLC bought a new stake in M/I Homes during the 4th quarter worth approximately $70,000. Finally, Jones Financial Companies Lllp bought a new stake in M/I Homes during the 4th quarter worth approximately $80,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

M/I Homes Stock Down 1.8 %

M/I Homes stock opened at $104.23 on Tuesday. The company has a fifty day simple moving average of $114.37 and a 200 day simple moving average of $135.81. The company has a current ratio of 7.65, a quick ratio of 1.93 and a debt-to-equity ratio of 0.33. M/I Homes, Inc. has a 1-year low of $100.22 and a 1-year high of $176.18. The company has a market cap of $2.83 billion, a P/E ratio of 5.29 and a beta of 1.99.

M/I Homes (NYSE:MHO) last announced its quarterly earnings data on Wednesday, January 29th. The construction company reported $4.71 earnings per share 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%. Research analysts anticipate that M/I Homes, Inc. will post 18.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

About M/I Homes

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.