Olympiad Research LP Acquires 150 Shares of M/I Homes, Inc. (NYSE:MHO)

Olympiad Research LP raised its holdings in shares of M/I Homes, Inc. (NYSE:MHO) by 7.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,247 shares of the construction company’s stock after acquiring an additional 150 shares during the quarter. Olympiad Research LP’s holdings in M/I Homes were worth $385,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new position in shares of M/I Homes during the 3rd quarter worth approximately $27,000. Signaturefd LLC boosted its holdings in shares of M/I Homes by 42.8% in the 2nd quarter. Signaturefd LLC now owns 237 shares of the construction company’s stock valued at $29,000 after buying an additional 71 shares during the last quarter. CWM LLC boosted its holdings in shares of M/I Homes by 184.8% in the 2nd quarter. CWM LLC now owns 507 shares of the construction company’s stock valued at $62,000 after buying an additional 329 shares during the last quarter. Quarry LP boosted its holdings in shares of M/I Homes by 148.0% in the 2nd quarter. Quarry LP now owns 558 shares of the construction company’s stock valued at $68,000 after buying an additional 333 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of M/I Homes by 90.6% in the 3rd quarter. GAMMA Investing LLC now owns 606 shares of the construction company’s stock valued at $104,000 after buying an additional 288 shares during the last quarter. 95.14% of the stock is owned by institutional investors.

Insider Buying and Selling at M/I Homes

In other M/I Homes news, CFO Phillip G. Creek sold 20,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $160.00, for a total transaction of $3,200,000.00. Following the completion of the sale, the chief financial officer now owns 18,545 shares of the company’s stock, valued at $2,967,200. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 3.70% of the company’s stock.

Analysts Set New Price Targets

MHO has been the subject of several recent analyst reports. StockNews.com downgraded M/I Homes from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. Wedbush raised M/I Homes from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $155.00 to $185.00 in a report on Monday. Finally, Raymond James increased their price objective on M/I Homes from $200.00 to $210.00 and gave the company a “strong-buy” rating in a report on Friday, August 2nd.

M/I Homes Trading Up 2.1 %

Shares of M/I Homes stock opened at $164.33 on Friday. The business has a fifty day simple moving average of $162.64 and a two-hundred day simple moving average of $143.68. M/I Homes, Inc. has a 1 year low of $93.32 and a 1 year high of $176.18. The company has a market capitalization of $4.56 billion, a price-to-earnings ratio of 8.81 and a beta of 2.24. The company has a debt-to-equity ratio of 0.33, a current ratio of 6.81 and a quick ratio of 1.53.

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.