Bailard Inc. Has $705,000 Stock Holdings in M/I Homes, Inc. (NYSE:MHO)

Bailard Inc. lowered its holdings in shares of M/I Homes, Inc. (NYSE:MHO) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,300 shares of the construction company’s stock after selling 300 shares during the period. Bailard Inc.’s holdings in M/I Homes were worth $705,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Vontobel Holding Ltd. boosted its stake in M/I Homes by 107.2% during the fourth quarter. Vontobel Holding Ltd. now owns 5,523 shares of the construction company’s stock worth $734,000 after buying an additional 2,858 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in M/I Homes during the third quarter worth $1,388,000. West Oak Capital LLC boosted its stake in M/I Homes by 4,865.0% during the fourth quarter. West Oak Capital LLC now owns 4,965 shares of the construction company’s stock worth $660,000 after buying an additional 4,865 shares in the last quarter. World Investment Advisors LLC acquired a new stake in M/I Homes during the third quarter worth $4,698,000. Finally, Range Financial Group LLC acquired a new stake in M/I Homes during the fourth quarter valued at approximately $834,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Wall Street Analysts Forecast Growth

MHO has been the topic of a number of recent research reports. StockNews.com raised M/I Homes from a “hold” rating to a “buy” rating in a report on Tuesday, February 25th. Wedbush raised M/I Homes from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $155.00 to $185.00 in a report on Monday, November 4th. Finally, Raymond James restated a “strong-buy” rating and issued a $168.00 target price (down previously from $210.00) on shares of M/I Homes in a research note on Thursday, January 30th.

M/I Homes Stock Down 2.2 %

Shares of NYSE:MHO opened at $114.54 on Tuesday. The company has a market capitalization of $3.11 billion, a PE ratio of 5.81 and a beta of 2.29. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.93 and a current ratio of 7.65. M/I Homes, Inc. has a 52 week low of $109.92 and a 52 week high of $176.18. The company’s fifty day moving average is $126.80 and its 200-day moving average is $148.20.

M/I Homes (NYSE:MHO) last announced its earnings results on Wednesday, January 29th. The construction company reported $4.71 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%. Equities research analysts predict that M/I Homes, Inc. will post 18.44 earnings per share for the current fiscal year.

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.