Russell Investments Group Ltd. grew its holdings in M/I Homes, Inc. (NYSE:MHO – Get Rating) by 8.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,666 shares of the construction company's stock after acquiring an additional 1,400 shares during the quarter. Russell Investments Group Ltd. owned 0.07% of M/I Homes worth $827,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of MHO. SummerHaven Investment Management LLC lifted its position in M/I Homes by 4.6% in the first quarter. SummerHaven Investment Management LLC now owns 15,571 shares of the construction company's stock worth $691,000 after purchasing an additional 682 shares during the period. Factorial Partners LLC lifted its position in M/I Homes by 36.4% in the first quarter. Factorial Partners LLC now owns 30,000 shares of the construction company's stock worth $1,331,000 after purchasing an additional 8,000 shares during the period. Column Capital Advisors LLC lifted its position in M/I Homes by 282.3% in the first quarter. Column Capital Advisors LLC now owns 2,684 shares of the construction company's stock worth $119,000 after purchasing an additional 1,982 shares during the period. FourThought Financial LLC lifted its position in M/I Homes by 34.8% in the first quarter. FourThought Financial LLC now owns 3,235 shares of the construction company's stock worth $143,000 after purchasing an additional 835 shares during the period. Finally, Summit Global Investments bought a new position in shares of M/I Homes during the first quarter valued at $914,000. 89.55% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, TheStreet cut M/I Homes from a "b-" rating to a "c+" rating in a report on Wednesday, July 6th.

M/I Homes Stock Down 3.9 %

M/I Homes (NYSE:MHO – Get Rating) last issued its quarterly earnings data on Wednesday, July 27th. The construction company reported $4.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.78 by $1.01. The company had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $1.04 billion. M/I Homes had a return on equity of 26.32% and a net margin of 11.23%. As a group, equities research analysts expect that M/I Homes, Inc. will post 16.45 earnings per share for the current fiscal year.

M/I Homes Profile

(Get Rating)

M/I Homes, Inc, together with its subsidiaries, operates as a builder of single-family 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. It designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers under the M/I Homes brand name.

See Also

• Get a free copy of the StockNews.com research report on M/I Homes (MHO)
• 2 EV Suppliers Powering To Gains After Raising Views
• Applied Materials Results Show A Slowing Semiconductor Market
• MarketBeat: Week in Review 8/15 – 8/19
• Apple's Stock Could Be On The Verge Of Another 30% Rally
• Near-Term Headwinds Present An Opportunity In Ross Stores

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 – Get Rating).

Receive News & Ratings for M/I Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M/I Homes and related companies with MarketBeat.com's FREE daily email newsletter.