Oberweis Asset Management Inc. Boosts Stock Position in M/I Homes, Inc. (NYSE:MHO)

Oberweis Asset Management Inc. grew its holdings in M/I Homes, Inc. (NYSE:MHO - Free Report) by 31.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,200 shares of the construction company's stock after buying an additional 13,900 shares during the quarter. Oberweis Asset Management Inc. owned about 0.21% of M/I Homes worth $7,738,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MHO. Price T Rowe Associates Inc. MD lifted its holdings in M/I Homes by 10.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 19,665 shares of the construction company's stock valued at $2,615,000 after purchasing an additional 1,831 shares in the last quarter. Dark Forest Capital Management LP acquired a new position in shares of M/I Homes during the 4th quarter valued at about $636,000. Hsbc Holdings PLC lifted its holdings in shares of M/I Homes by 17.7% during the 4th quarter. Hsbc Holdings PLC now owns 23,745 shares of the construction company's stock worth $3,179,000 after acquiring an additional 3,571 shares during the period. Tower Research Capital LLC TRC grew its holdings in M/I Homes by 248.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,151 shares of the construction company's stock valued at $286,000 after purchasing an additional 1,533 shares during the period. Finally, MetLife Investment Management LLC boosted its holdings in shares of M/I Homes by 6.9% in the 4th quarter. MetLife Investment Management LLC now owns 16,148 shares of the construction company's stock valued at $2,147,000 after purchasing an additional 1,036 shares during the last quarter. Institutional investors and hedge funds own 95.14% of the company's stock.

M/I Homes Stock Down 3.3 %

MHO opened at $105.70 on Thursday. The company has a debt-to-equity ratio of 0.33, a current ratio of 7.65 and a quick ratio of 1.93. M/I Homes, Inc. has a 12 month low of $100.22 and a 12 month high of $176.18. The stock's 50 day moving average price is $113.93 and its 200 day moving average price is $135.42. The stock has a market cap of $2.87 billion, a P/E ratio of 5.36 and a beta of 1.99.

M/I Homes (NYSE:MHO - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The construction company reported $3.98 earnings per share for the quarter, missing analysts' consensus estimates of $4.16 by ($0.18). M/I Homes had a net margin of 12.51% and a return on equity of 20.20%. As a group, research analysts predict that M/I Homes, Inc. will post 18.44 earnings per share for the current year.

Analyst Ratings Changes

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

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.

Want to see what other hedge funds are holding MHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for M/I Homes, Inc. (NYSE:MHO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.