M/I Homes, Inc. (NYSE:MHO) Shares Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. increased its holdings in shares of M/I Homes, Inc. (NYSE:MHO - Free Report) by 104.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,500 shares of the construction company's stock after acquiring an additional 3,327 shares during the quarter. Fox Run Management L.L.C.'s holdings in M/I Homes were worth $864,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Vontobel Holding Ltd. boosted its holdings in shares of M/I Homes by 107.2% during the 4th quarter. Vontobel Holding Ltd. now owns 5,523 shares of the construction company's stock worth $734,000 after purchasing an additional 2,858 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in M/I Homes during the third quarter worth $1,388,000. West Oak Capital LLC grew its holdings in M/I Homes by 4,865.0% in the 4th quarter. West Oak Capital LLC now owns 4,965 shares of the construction company's stock valued at $660,000 after buying an additional 4,865 shares in the last quarter. World Investment Advisors LLC acquired a new stake in shares of M/I Homes in the 3rd quarter worth $4,698,000. Finally, Range Financial Group LLC purchased a new position in shares of M/I Homes during the 4th quarter worth $834,000. Hedge funds and other institutional investors own 95.14% of the company's stock.

M/I Homes Trading Down 2.1 %

NYSE MHO traded down $2.47 during trading hours on Tuesday, reaching $117.95. The company had a trading volume of 203,389 shares, compared to its average volume of 275,774. The company has a current ratio of 7.65, a quick ratio of 1.93 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $3.20 billion, a P/E ratio of 5.98 and a beta of 2.31. The stock has a 50-day moving average of $122.88 and a 200 day moving average of $144.17. M/I Homes, Inc. has a 1-year low of $109.92 and a 1-year high of $176.18.

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M/I Homes (NYSE:MHO - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The construction company reported $4.71 earnings per share for the quarter, missing analysts' consensus estimates of $4.96 by ($0.25). M/I Homes had a return on equity of 20.20% and a net margin of 12.51%. As a group, research analysts anticipate that M/I Homes, Inc. will post 18.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. StockNews.com upgraded shares of M/I Homes from a "hold" rating to a "buy" rating in a research report on Tuesday, February 25th. Raymond James restated a "strong-buy" rating and set a $168.00 price target (down previously from $210.00) on shares of M/I Homes in a report on Thursday, January 30th. Finally, Seaport Res Ptn upgraded M/I Homes from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 6th.

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.