4,432 Shares in M/I Homes, Inc. (NYSE:MHO) Bought by Centiva Capital LP

Centiva Capital LP purchased a new stake in M/I Homes, Inc. (NYSE:MHO - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,432 shares of the construction company's stock, valued at approximately $759,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MHO. Westfield Capital Management Co. LP boosted its position in shares of M/I Homes by 3.7% in the third quarter. Westfield Capital Management Co. LP now owns 1,107,024 shares of the construction company's stock valued at $189,700,000 after acquiring an additional 39,492 shares during the period. American Century Companies Inc. boosted its holdings in M/I Homes by 7.7% in the 2nd quarter. American Century Companies Inc. now owns 703,983 shares of the construction company's stock valued at $85,984,000 after purchasing an additional 50,330 shares during the period. Charles Schwab Investment Management Inc. grew its position in M/I Homes by 4.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 462,081 shares of the construction company's stock worth $79,182,000 after buying an additional 19,754 shares in the last quarter. Basswood Capital Management L.L.C. lifted its position in shares of M/I Homes by 1.8% during the 3rd quarter. Basswood Capital Management L.L.C. now owns 314,634 shares of the construction company's stock valued at $53,916,000 after acquiring an additional 5,571 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in shares of M/I Homes by 5.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 262,373 shares of the construction company's stock worth $32,046,000 after purchasing an additional 13,782 shares in the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MHO has been the topic of a number of recent analyst reports. StockNews.com cut shares of M/I Homes from a "strong-buy" rating to a "buy" rating in a research note on Thursday, October 31st. 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 research note on Monday, November 4th.

M/I Homes Trading Down 0.3 %

M/I Homes stock traded down $0.46 during trading hours on Friday, hitting $159.35. The stock had a trading volume of 219,735 shares, compared to its average volume of 221,623. The business's 50 day simple moving average is $162.05 and its 200-day simple moving average is $149.40. The company has a quick ratio of 1.60, a current ratio of 6.81 and a debt-to-equity ratio of 0.33. M/I Homes, Inc. has a one year low of $109.92 and a one year high of $176.18. The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 8.54 and a beta of 2.23.

Insider Transactions at M/I Homes

In other news, CFO Phillip G. Creek sold 20,000 shares of the firm's stock in a transaction dated 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 transaction, the chief financial officer now directly owns 18,545 shares in the company, valued at $2,967,200. This trade represents a 51.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.70% of the stock is owned by company insiders.

M/I Homes Company 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.