Northpointe Capital Has Trimmed First Fndtn (FFWM) Holding By $1.70 Million, M/I Homes (MHO) Sellers Decreased By 3.29% Their Shorts

July 17, 2017 - By Michael Collier

M/I Homes Incorporated (NYSE:MHO) had a decrease of 3.29% in short interest. MHO’s SI was 1.61M shares in July as released by FINRA. Its down 3.29% from 1.66 million shares previously. With 276,600 avg volume, 6 days are for M/I Homes Incorporated (NYSE:MHO)’s short sellers to cover MHO’s short positions. The SI to M/I Homes Incorporated’s float is 6.64%. The stock decreased 0.25% or $0.07 on July 14, reaching $27.75. About shares traded. M I Homes Inc (NYSE:MHO) has risen 57.88% since July 17, 2016 and is uptrending. It has outperformed by 41.18% the S&P500.

Northpointe Capital Llc decreased First Fndtn Inc (FFWM) stake by 38.03% reported in 2016Q4 SEC filing. Northpointe Capital Llc sold 60,589 shares as First Fndtn Inc (FFWM)’s stock declined 3.74%. The Northpointe Capital Llc holds 98,716 shares with $2.81M value, down from 159,305 last quarter. First Fndtn Inc now has $557.50 million valuation. The stock increased 0.54% or $0.09 on July 14, reaching $16.63. About shares traded. First Foundation Inc (NASDAQ:FFWM) has risen 43.47% since July 17, 2016 and is uptrending. It has outperformed by 26.77% the S&P500.

Among 3 analysts covering First Foundation (NASDAQ:FFWM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. First Foundation had 8 analyst reports since October 23, 2015 according to SRatingsIntel. The firm has “Outperform” rating by FBR Capital given on Thursday, June 22. FBR Capital maintained First Foundation Inc (NASDAQ:FFWM) rating on Friday, October 28. FBR Capital has “Outperform” rating and $30 target. The firm earned “Outperform” rating on Friday, July 1 by FBR Capital. On Tuesday, December 20 the stock rating was downgraded by FBR Capital to “Mkt Perform”. The firm has “Outperform” rating given on Friday, July 29 by FBR Capital.

Since January 31, 2017, it had 0 buys, and 9 insider sales for $1.44 million activity. Another trade for 10,000 shares valued at $155,100 was made by KELLER ULRICH E. JR on Friday, March 31. SONENSHINE JACOB also sold $166,500 worth of First Foundation Inc (NASDAQ:FFWM) on Wednesday, March 1. $11,295 worth of First Foundation Inc (NASDAQ:FFWM) was sold by BRIGGS MAX. 30,000 shares valued at $494,100 were sold by MICHEL JOHN on Wednesday, May 10.

Northpointe Capital Llc increased Bank Amer Corp (NYSE:BAC) stake by 227,356 shares to 349,094 valued at $7.72 million in 2016Q4. It also upped Fabrinet (NYSE:FN) stake by 84,663 shares and now owns 285,623 shares. S&W Seed Co (NASDAQ:SANW) was raised too.

Analysts await First Foundation Inc (NASDAQ:FFWM) to report earnings on July, 26 before the open. They expect $0.21 earnings per share, up 110.00% or $0.11 from last year’s $0.1 per share. FFWM’s profit will be $7.04 million for 19.80 P/E if the $0.21 EPS becomes a reality. After $0.18 actual earnings per share reported by First Foundation Inc for the previous quarter, Wall Street now forecasts 16.67% EPS growth.

Investors sentiment increased to 2.04 in Q4 2016. Its up 0.62, from 1.42 in 2016Q3. It improved, as 9 investors sold FFWM shares while 14 reduced holdings. 18 funds opened positions while 29 raised stakes. 8.12 million shares or 10.34% less from 9.05 million shares in 2016Q3 were reported. Legal General Group Inc Public Limited Liability Com holds 4,054 shares. Tower Rech Ltd Liability Co (Trc) accumulated 575 shares. Bnp Paribas Arbitrage Sa holds 225 shares or 0% of its portfolio. Blackrock Ltd Company has invested 0% of its portfolio in First Foundation Inc (NASDAQ:FFWM). California-based Capital Guardian Trust has invested 0% in First Foundation Inc (NASDAQ:FFWM). Victory Cap Mngmt accumulated 24,620 shares. Cornerstone Cap Management Ltd Liability Company owns 21,300 shares. The Pennsylvania-based Nationwide Fund Advsr has invested 0% in First Foundation Inc (NASDAQ:FFWM). Retail Bank Of Mellon invested in 55,146 shares. International Gru owns 7,588 shares for 0% of their portfolio. Prelude Cap Management Limited Liability Company reported 4,900 shares. Mendon Cap Advsrs Corporation reported 724,701 shares or 2.12% of all its holdings. Voya Investment Management Limited Liability Corporation reported 9,741 shares stake. Barclays Public Limited Company reported 0% stake. American Money Management Ltd Liability Com invested 0.22% of its portfolio in First Foundation Inc (NASDAQ:FFWM).

Since February 8, 2017, it had 0 insider purchases, and 10 insider sales for $5.45 million activity. 8,050 shares were sold by HUNKER ANN MARIE, worth $217,774 on Friday, April 28. 8,000 M I Homes Inc (NYSE:MHO) shares with value of $188,066 were sold by CREEK PHILLIP G. 27,594 shares were sold by Mason J Thomas, worth $784,273 on Tuesday, May 9. Shares for $331,425 were sold by SCHOTTENSTEIN ROBERT H.

M/I Homes, Inc. is a builder of single-family homes. The company has market cap of $686.32 million. The Firm consists of two operations: homebuilding and financial services. It has a 13.27 P/E ratio. It operates through Midwest homebuilding, Southern homebuilding, Mid-Atlantic homebuilding and financial services activities divisions.

Investors sentiment decreased to 1.32 in 2016 Q4. Its down 0.09, from 1.41 in 2016Q3. It dived, as 17 investors sold M I Homes Inc shares while 33 reduced holdings. 21 funds opened positions while 45 raised stakes. 24.82 million shares or 1.51% less from 25.20 million shares in 2016Q3 were reported. Nationwide Fund Advisors has 0% invested in M I Homes Inc (NYSE:MHO). Friess Associates Ltd Liability Corp holds 33,500 shares. Metropolitan Life Insur New York accumulated 17,829 shares. Legal & General Grp Inc Public Limited Liability Corporation accumulated 0% or 40,848 shares. Numeric Invsts Limited Liability has 32,900 shares. 400 were reported by Riverhead Capital Limited Liability Corporation. American Grp has 17,506 shares for 0% of their portfolio. Retail Bank Of Montreal Can holds 0% of its portfolio in M I Homes Inc (NYSE:MHO) for 94,482 shares. Alliancebernstein L P owns 28,000 shares. Moreover, Renaissance Ltd Limited Liability Company has 0.01% invested in M I Homes Inc (NYSE:MHO). Lsv Asset owns 0.01% invested in M I Homes Inc (NYSE:MHO) for 223,745 shares. Mason Street Advsrs Ltd Liability invested in 5,391 shares or 0% of the stock. Capstone Asset Com stated it has 0.01% in M I Homes Inc (NYSE:MHO). Icon Advisers Incorporated Comm invested in 0.03% or 20,400 shares. Barclays Public Limited Company accumulated 4,848 shares.

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