Camelot Portfolios LLC Sells 18,000 Shares of Two Harbors Investment Corp (TWO)
Camelot Portfolios LLC decreased its position in Two Harbors Investment Corp (NYSE:TWO) by 8.8% during the 4th quarter, Holdings Channel reports. The fund owned 186,379 shares of the real estate investment trust’s stock after selling 18,000 shares during the quarter. Two Harbors Investment comprises 1.4% of Camelot Portfolios LLC’s investment portfolio, making the stock its 14th largest holding. Camelot Portfolios LLC’s holdings in Two Harbors Investment were worth $3,031,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the stock. Janus Henderson Group PLC lifted its stake in Two Harbors Investment by 145.8% in the third quarter. Janus Henderson Group PLC now owns 5,705,879 shares of the real estate investment trust’s stock valued at $57,515,000 after buying an additional 3,384,072 shares during the period. APG Asset Management N.V. lifted its stake in Two Harbors Investment by 104.8% in the fourth quarter. APG Asset Management N.V. now owns 2,597,335 shares of the real estate investment trust’s stock valued at $35,170,000 after buying an additional 1,329,335 shares during the period. Renaissance Technologies LLC lifted its stake in Two Harbors Investment by 77.2% in the second quarter. Renaissance Technologies LLC now owns 1,935,600 shares of the real estate investment trust’s stock valued at $19,182,000 after buying an additional 843,200 shares during the period. Skandinaviska Enskilda Banken AB publ acquired a new position in Two Harbors Investment in the third quarter valued at about $7,762,000. Finally, Capital Advisors Inc. OK acquired a new stake in shares of Two Harbors Investment during the fourth quarter worth about $10,807,000.
In other news, Director William Reid Sanders bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The shares were acquired at an average price of $15.53 per share, with a total value of $77,650.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Brad Farrell sold 24,761 shares of Two Harbors Investment stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $15.17, for a total value of $375,624.37. Following the completion of the sale, the chief financial officer now directly owns 284,978 shares in the company, valued at approximately $4,323,116.26. The disclosure for this sale can be found here. In the last three months, insiders purchased 18,000 shares of company stock worth $279,780 and sold 81,283 shares worth $1,232,498. 1.16% of the stock is currently owned by company insiders.
Shares of Two Harbors Investment Corp (NYSE TWO) opened at $14.56 on Friday. The company has a market capitalization of $2,540.00, a PE ratio of 9.84 and a beta of 0.32. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 1.37. Two Harbors Investment Corp has a 1 year low of $13.85 and a 1 year high of $17.29.
Two Harbors Investment (NYSE:TWO) last announced its earnings results on Tuesday, February 6th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.47. Two Harbors Investment had a return on equity of 10.06% and a net margin of 41.26%. The business had revenue of $100.31 million for the quarter, compared to analyst estimates of $112.40 million. During the same quarter last year, the firm earned $0.24 EPS. research analysts forecast that Two Harbors Investment Corp will post 1.83 EPS for the current year.
Two Harbors Investment Profile
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), mortgage servicing rights (MSR), commercial real estate and other financial assets (collectively known as target assets). Its investment objective is to provide attractive risk-adjusted total return to its stockholders over the long-term, primarily through dividends and secondarily through capital appreciation.
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