<div id="readability-page-1"><p>Inceptionr LLC bought a new stake in  M/I Homes, Inc. (NYSE:MHO - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor  bought 1,905 shares of the construction company's stock, valued at approximately $214,000.</p><ul><li>KB Home Constructs Bullish Price Action As Wider Industry Thrives</li></ul><p>A number of other hedge funds have also bought and sold shares of MHO. KLP Kapitalforvaltning AS increased its holdings in  M/I Homes by 1.3% in the second quarter. KLP Kapitalforvaltning AS now owns 7,800 shares of the construction company's stock valued at $875,000 after buying an additional 100 shares during the last quarter.  Bank of Montreal Can increased its holdings in shares of  M/I Homes by 1.8% in the 2nd quarter. Bank of Montreal Can now owns 6,295 shares of the construction company's stock valued at $706,000 after acquiring an additional 113 shares during the last quarter.  SummerHaven Investment Management LLC raised its position in shares of  M/I Homes by 2.1% during the 2nd quarter. SummerHaven Investment Management LLC now owns 6,576 shares of the construction company's stock valued at $737,000 after acquiring an additional 133 shares in the last quarter.  PNC Financial Services Group Inc. lifted its stake in  M/I Homes by 10.7% during the second quarter. PNC Financial Services Group Inc. now owns 1,515 shares of the construction company's stock worth $170,000 after purchasing an additional 146 shares during the last quarter.  Finally, Nomura Asset Management Co. Ltd. boosted its holdings in  M/I Homes by 58.6% in the second quarter. Nomura Asset Management Co. Ltd. now owns 460 shares of the construction company's stock worth $52,000 after purchasing an additional 170 shares during the period. 95.14% of the stock is currently owned by institutional investors and hedge funds. </p><h2>M/I Homes Trading Down 1.4%</h2><p>Shares of NYSE:MHO opened at $137.59 on Monday. The company has a quick ratio of 1.52, a current ratio of 7.17 and a debt-to-equity ratio of 0.29. The company's 50-day moving average price is $134.16 and its 200 day moving average price is $128.17. The company has a market cap of $3.60 billion, a PE ratio of 8.08 and a beta of 1.66. M/I Homes, Inc. has a fifty-two week low of $100.22 and a fifty-two week high of $168.50. </p><ul><li>Will Fed Rate-Hike Pause Lead To Small-Cap Outperformance? </li></ul><p>M/I Homes (NYSE:MHO - Get Free Report) last announced its quarterly earnings results on Wednesday, October 22nd. The construction company reported $3.92 EPS for the quarter, missing the consensus estimate of $4.37 by ($0.45). The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.16 billion. M/I Homes had a net margin of 10.56% and a return on equity of 15.72%. The business's quarterly revenue was down 1.4% compared to the same quarter last year.  Sell-side analysts anticipate that  M/I Homes, Inc. will post 18.44 earnings per share for the current year. </p><p>M/I Homes announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, November 12th that allows the company to buyback $250.00 million in  outstanding  shares. This buyback authorization allows the construction company to buy up to 7.4% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of analysts have weighed in on MHO shares. Zacks Research raised shares of M/I Homes from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Friday, September 26th. Weiss Ratings  reaffirmed a &#34;hold (c+)&#34; rating on shares of M/I Homes in a research report on Wednesday, October 8th. Raymond James Financial raised their target price on shares of M/I Homes from $150.00 to $155.00 and gave the stock a &#34;strong-buy&#34; rating in a report on Friday, October 24th. Finally, Zelman &amp; Associates upgraded M/I Homes from a &#34;neutral&#34; rating to an &#34;outperform&#34; rating in a research note on Tuesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, one  has assigned  a Buy rating and two have issued  a Hold rating to the stock. Based on data from MarketBeat, M/I Homes presently has a consensus rating of &#34;Buy&#34; and an average target price of $155.00.</p><p><b>Read Our Latest Stock Analysis on M/I Homes</b></p><h2>About M/I Homes</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than M/I Homes</li><li>Best Aerospace Stocks Investing </li><li>Worried About Inflation? These 3 ETFs Offer Real Protection</li><li>Procter &amp; Gamble <span>NYSE: PG<span></span></span> Pulls Back After Shaky Guidance</li><li>Intel’s Black Friday Breakout: Apple Rumors Fuel a Holiday Rally</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>Klarna's Crypto Play: A Plan to Fix Its Profit Problem</li></ul><p><strong>Want to see what other hedge funds are holding MHO?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for M/I Homes, Inc. (NYSE:MHO - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1ITw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1ITw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in M/I Homes Right Now?</h2><p>Before you consider M/I Homes, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and M/I Homes wasn't on the list.</p><p>While M/I Homes currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Inceptionr LLC invested $214,000 in M/I Homes, Inc. during Q2, acquiring 1,905 shares. Other institutional investors also increased their stakes. M/I Homes reported Q3 earnings of $3.92 per share, missing estimates. The company announced a $250 million stock buyback plan. Analysts have mixed ratings, with a consensus "Buy" and a target price of $155.00.</p>

Inceptionr LLC Invests $214,000 in M/I Homes, Inc. $MHO