Mizuho Trust & Banking Co. Ltd. continued to hold its stake in M/I Homes Inc. (NYSE:MHO) during the third quarter, Holdings Channel reports. The institutional investor owned 85,409 shares of the company’s stock at the end of the third quarter. Mizuho Trust & Banking Co. Ltd. owned 0.35% of M/I Homes worth $2,013,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the company. BlackRock Inc. raised its stake in M/I Homes by 362.5% in the second quarter. BlackRock Inc. now owns 6,974 shares of the company’s stock worth $131,000 after buying an additional 5,466 shares during the period. BNP Paribas Arbitrage SA raised its stake in M/I Homes by 96.5% in the second quarter. BNP Paribas Arbitrage SA now owns 8,082 shares of the company’s stock worth $152,000 after buying an additional 3,968 shares during the period. GSA Capital Partners LLP acquired a new stake in M/I Homes during the second quarter worth about $203,000. Icon Advisers Inc. Co. acquired a new stake in M/I Homes during the second quarter worth about $211,000. Finally, Thrivent Financial for Lutherans raised its stake in M/I Homes by 4.4% in the second quarter. Thrivent Financial for Lutherans now owns 11,860 shares of the company’s stock worth $223,000 after buying an additional 500 shares during the period.
Shares of M/I Homes Inc. (NYSE:MHO) traded up 1.22% during midday trading on Friday, hitting $23.23. 80,680 shares of the stock were exchanged. M/I Homes Inc. has a 12-month low of $15.56 and a 12-month high of $23.96. The firm has a market cap of $573.04 million, a P/E ratio of 14.56 and a beta of 0.95. The firm has a 50 day moving average of $22.41 and a 200 day moving average of $21.28.
M/I Homes (NYSE:MHO) last posted its quarterly earnings data on Thursday, October 27th. The company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.01. The business earned $442 million during the quarter, compared to analyst estimates of $446.66 million. M/I Homes had a net margin of 3.01% and a return on equity of 11.49%. The company’s revenue was up 21.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.51 earnings per share. Equities analysts forecast that M/I Homes Inc. will post $2.45 EPS for the current fiscal year.
About M/I Homes
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.