Hantz Financial Services Inc. Decreases Stock Position in M/I Homes, Inc. (NYSE:MHO)

Hantz Financial Services Inc. lessened its stake in shares of M/I Homes, Inc. (NYSE:MHO) by 4.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,250 shares of the construction company’s stock after selling 204 shares during the quarter. Hantz Financial Services Inc.’s holdings in M/I Homes were worth $728,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. increased its holdings in M/I Homes by 260.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 199,877 shares of the construction company’s stock worth $34,251,000 after acquiring an additional 144,406 shares in the last quarter. Vision Capital Corp bought a new position in shares of M/I Homes during the 3rd quarter valued at approximately $12,424,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of M/I Homes by 129.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 124,546 shares of the construction company’s stock worth $21,342,000 after buying an additional 70,278 shares in the last quarter. Renaissance Technologies LLC grew its position in M/I Homes by 187.0% in the second quarter. Renaissance Technologies LLC now owns 79,200 shares of the construction company’s stock worth $9,673,000 after acquiring an additional 51,600 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in M/I Homes by 7.7% during the 2nd quarter. American Century Companies Inc. now owns 703,983 shares of the construction company’s stock valued at $85,984,000 after buying an additional 50,330 shares during the period. Institutional investors own 95.14% of the company’s stock.

M/I Homes Trading Up 0.3 %

Shares of M/I Homes stock opened at $165.03 on Monday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.60 and a current ratio of 6.81. The company has a market cap of $4.58 billion, a P/E ratio of 8.84 and a beta of 2.24. The firm has a 50-day simple moving average of $162.43 and a two-hundred day simple moving average of $148.34. M/I Homes, Inc. has a fifty-two week low of $103.63 and a fifty-two week high of $176.18.

Wall Street Analysts Forecast Growth

MHO has been the topic of several recent analyst reports. Wedbush upgraded M/I Homes from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $155.00 to $185.00 in a report on Monday, November 4th. StockNews.com cut M/I Homes from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 31st.

Insider Buying and Selling at M/I Homes

In related news, CFO Phillip G. Creek sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $160.00, for a total value of $3,200,000.00. Following the transaction, the chief financial officer now directly owns 18,545 shares in the company, valued at approximately $2,967,200. This represents a 51.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 3.70% of the stock is currently owned by insiders.

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.