M/I Homes Inc. (MHO) Position Held by Swiss National Bank
Swiss National Bank maintained its stake in M/I Homes Inc. (NYSE:MHO) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,900 shares of the company’s stock at the end of the second quarter. Swiss National Bank owned 0.17% of M/I Homes worth $770,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Royce & Associates LP raised its stake in M/I Homes by 17.1% in the first quarter. Royce & Associates LP now owns 589,400 shares of the company’s stock valued at $10,992,000 after buying an additional 86,100 shares during the period. Bank of Montreal Can bought a new stake in M/I Homes during the second quarter valued at approximately $9,339,000. Mizuho Trust & Banking Co. Ltd. raised its stake in M/I Homes by 91.4% in the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 85,409 shares of the company’s stock valued at $1,608,000 after buying an additional 40,775 shares during the period. Eii Capital Management Inc. bought a new stake in M/I Homes during the second quarter valued at approximately $1,288,000. Finally, Prudential Financial Inc. raised its stake in M/I Homes by 2.6% in the first quarter. Prudential Financial Inc. now owns 58,504 shares of the company’s stock valued at $1,091,000 after buying an additional 1,500 shares during the period.
M/I Homes Inc. (NYSE:MHO) traded down 1.35% during mid-day trading on Friday, reaching $23.34. The company had a trading volume of 243,610 shares. M/I Homes Inc. has a 12 month low of $15.56 and a 12 month high of $25.48. The company has a market capitalization of $575.75 million, a price-to-earnings ratio of 13.33 and a beta of 1.11. The firm’s 50 day moving average price is $23.11 and its 200-day moving average price is $20.48.
M/I Homes (NYSE:MHO) last released its earnings results on Wednesday, July 27th. The company reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by $0.01. M/I Homes had a return on equity of 10.95% and a net margin of 3.46%. The company had revenue of $401.20 million for the quarter, compared to analyst estimates of $405.65 million. During the same period in the previous year, the firm earned $0.43 earnings per share. The company’s revenue for the quarter was up 24.2% compared to the same quarter last year. Equities research analysts anticipate that M/I Homes Inc. will post $2.50 earnings per share for the current year.
M/I Homes Company Profile
M/I Homes, Inc is a builder of single-family homes. The Company consists of two distinct operations: homebuilding and financial services. The Company’s homebuilding operations are aggregated for reporting purposes into three reporting segments: the Midwest, Mid-Atlantic and Southern regions. The Company’s financial services operations support its homebuilding operations by providing mortgage loans and title services to the customers of its homebuilding operations and is reported as its own segment.
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).
Receive News & Ratings for M/I Homes Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M/I Homes Inc. and related companies with MarketBeat.com's FREE daily email newsletter.