Thrivent Financial for Lutherans Has $3.11 Million Holdings in M/I Homes, Inc. (NYSE:MHO)

Thrivent Financial for Lutherans lessened its position in shares of M/I Homes, Inc. (NYSE:MHO - Free Report) by 13.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,353 shares of the construction company's stock after selling 3,551 shares during the period. Thrivent Financial for Lutherans owned about 0.08% of M/I Homes worth $3,105,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Principal Securities Inc. bought a new position in M/I Homes in the fourth quarter worth about $27,000. R Squared Ltd acquired a new stake in M/I Homes in the fourth quarter worth approximately $33,000. Steward Partners Investment Advisory LLC bought a new position in M/I Homes during the 4th quarter valued at $70,000. Jones Financial Companies Lllp acquired a new position in shares of M/I Homes during the 4th quarter valued at $80,000. Finally, Daiwa Securities Group Inc. bought a new stake in shares of M/I Homes in the 3rd quarter worth $86,000. 95.14% of the stock is currently owned by institutional investors.

M/I Homes Trading Down 2.6 %

Shares of M/I Homes stock traded down $2.99 on Friday, reaching $113.70. 206,846 shares of the company were exchanged, compared to its average volume of 287,933. M/I Homes, Inc. has a fifty-two week low of $109.92 and a fifty-two week high of $176.18. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 5.77 and a beta of 2.31. 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 fifty day moving average price of $121.29 and a 200-day moving average price of $143.08.

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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 (EPS) for the quarter, missing the consensus estimate of $4.96 by ($0.25). M/I Homes had a return on equity of 20.20% and a net margin of 12.51%. On average, analysts expect that M/I Homes, Inc. will post 18.44 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MHO. Raymond James reaffirmed a "strong-buy" rating and set a $168.00 target price (down from $210.00) on shares of M/I Homes in a report on Thursday, January 30th. Seaport Res Ptn raised shares of M/I Homes from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 6th. Finally, StockNews.com raised shares of M/I Homes from a "hold" rating to a "buy" rating in a research note on Tuesday, February 25th.

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.