Janney Montgomery Scott LLC lowered its position in Two Harbors Investments Corp. (NYSE:TWO) by 9.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,631 shares of the real estate investment trust’s stock after selling 3,234 shares during the period. Janney Montgomery Scott LLC’s holdings in Two Harbors Investments Corp. were worth $240,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the company. State Street Corp raised its stake in Two Harbors Investments Corp. by 2.2% in the first quarter. State Street Corp now owns 5,718,699 shares of the real estate investment trust’s stock worth $45,406,000 after buying an additional 125,056 shares during the period. BlackRock Inc. raised its stake in Two Harbors Investments Corp. by 135.7% in the first quarter. BlackRock Inc. now owns 47,286 shares of the real estate investment trust’s stock worth $376,000 after buying an additional 27,222 shares during the period. I.G. Investment Management LTD. raised its stake in Two Harbors Investments Corp. by 9.4% in the second quarter. I.G. Investment Management LTD. now owns 62,268 shares of the real estate investment trust’s stock worth $533,000 after buying an additional 5,337 shares during the period. Aperio Group LLC raised its stake in Two Harbors Investments Corp. by 27.8% in the first quarter. Aperio Group LLC now owns 1,161,252 shares of the real estate investment trust’s stock worth $9,220,000 after buying an additional 252,822 shares during the period. Finally, BlackRock Group LTD raised its stake in Two Harbors Investments Corp. by 24.3% in the first quarter. BlackRock Group LTD now owns 286,350 shares of the real estate investment trust’s stock worth $2,274,000 after buying an additional 55,923 shares during the period. Institutional investors and hedge funds own 69.86% of the company’s stock.

Shares of Two Harbors Investments Corp. (NYSE:TWO) traded up 0.92% during mid-day trading on Monday, reaching $8.79. The company had a trading volume of 2,237,107 shares. The stock has a 50 day moving average of $8.91 and a 200-day moving average of $8.38. Two Harbors Investments Corp. has a one year low of $6.91 and a one year high of $9.68. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 44.62 and a beta of 0.56.

Two Harbors Investments Corp. (NYSE:TWO) last announced its quarterly earnings data on Wednesday, August 3rd. The real estate investment trust reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. Two Harbors Investments Corp. had a net margin of 15.46% and a return on equity of 8.48%. The business earned $100.80 million during the quarter, compared to the consensus estimate of $95.48 million. During the same period in the previous year, the business earned $0.22 earnings per share. The company’s revenue was down 14.2% on a year-over-year basis. Equities analysts predict that Two Harbors Investments Corp. will post $0.41 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 20th. Shareholders of record on Friday, September 30th will be given a dividend of $0.23 per share. The ex-dividend date is Wednesday, September 28th. This represents a $0.92 annualized dividend and a yield of 10.47%. Two Harbors Investments Corp.’s dividend payout ratio is currently 460.02%.

A number of brokerages have commented on TWO. Zacks Investment Research lowered Two Harbors Investments Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, July 13th. FBR & Co reiterated a “buy” rating on shares of Two Harbors Investments Corp. in a research report on Friday, July 29th. Keefe, Bruyette & Woods increased their price objective on Two Harbors Investments Corp. from $9.00 to $9.50 and gave the company an “outperform” rating in a research report on Monday, August 8th. TheStreet lowered Two Harbors Investments Corp. from a “hold” rating to a “sell” rating in a research report on Thursday, August 4th. Finally, Wunderlich increased their price objective on Two Harbors Investments Corp. from $8.75 to $9.50 and gave the company a “hold” rating in a research report on Friday, August 5th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $9.53.

In other news, CEO Thomas Siering acquired 3,500 shares of the stock in a transaction on Wednesday, August 10th. The stock was acquired at an average cost of $8.99 per share, for a total transaction of $31,465.00. Following the completion of the transaction, the chief executive officer now directly owns 862,053 shares in the company, valued at $7,749,856.47. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.96% of the company’s stock.

About Two Harbors Investments Corp.

Two Harbors Investment Corp. is a real estate investment trust. The Company is focused on investing in, financing and managing residential mortgage-backed securities (RMBS), residential mortgage loans, mortgage servicing rights (MSR), commercial real estate and other financial assets. The Company’s target asset classes include Agency RMBS collateralized by fixed rate mortgage loans, adjustable-rate mortgage (ARM) loans or hybrid mortgage loans, including mortgage pass-through certificates, collateralized mortgage obligations, the Federal Home Loan Mortgage Corporation gold certificates, the Federal National Mortgage Association certificates, the Government National Mortgage Association (Ginnie Mae) certificates, to-be-announced forward contracts, and interest-only and inverse interest-only securities; Non-Agency RMBS, including both senior and mezzanine RMBS, and floating and fixed rate commercial real estate loans.

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