Chicago Equity Partners LLC lowered its holdings in Two Harbors Investments Corp (NYSE:TWO) by 41.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 311,745 shares of the real estate investment trust’s stock after selling 222,990 shares during the period. Chicago Equity Partners LLC owned approximately 0.09% of Two Harbors Investments Corp worth $3,142,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of TWO. Principal Financial Group Inc. grew its stake in Two Harbors Investments Corp by 5,046.7% during the second quarter. Principal Financial Group Inc. now owns 3,179,844 shares of the real estate investment trust’s stock valued at $31,512,000 after acquiring an additional 3,118,060 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Two Harbors Investments Corp by 110.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 5,908,716 shares of the real estate investment trust’s stock valued at $58,555,000 after acquiring an additional 3,099,465 shares in the last quarter. Janus Henderson Group PLC purchased a new position in Two Harbors Investments Corp during the second quarter valued at approximately $23,009,000. Martingale Asset Management L P grew its stake in Two Harbors Investments Corp by 8,595.4% during the second quarter. Martingale Asset Management L P now owns 1,870,116 shares of the real estate investment trust’s stock valued at $18,534,000 after acquiring an additional 1,848,609 shares in the last quarter. Finally, APG Asset Management N.V. purchased a new position in Two Harbors Investments Corp during the third quarter valued at approximately $12,781,000. 70.46% of the stock is owned by institutional investors.

TWO has been the subject of a number of research reports. BidaskClub raised shares of Two Harbors Investments Corp from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 4th. ValuEngine raised shares of Two Harbors Investments Corp from a “buy” rating to a “strong-buy” rating in a research note on Thursday, November 2nd. Barclays PLC boosted their price target on shares of Two Harbors Investments Corp from $10.00 to $17.00 and gave the stock an “overweight” rating in a research note on Thursday. B. Riley reissued a “neutral” rating on shares of Two Harbors Investments Corp in a research note on Wednesday, November 1st. Finally, Zacks Investment Research cut shares of Two Harbors Investments Corp from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $18.50.

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Two Harbors Investments Corp (NYSE:TWO) opened at $15.35 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.33 and a debt-to-equity ratio of 1.37. Two Harbors Investments Corp has a 12 month low of $15.21 and a 12 month high of $33.50. The company has a market cap of $2,676.66, a P/E ratio of 7.34 and a beta of 0.58.

Two Harbors Investments Corp (NYSE:TWO) last released its quarterly earnings results on Tuesday, November 7th. The real estate investment trust reported $0.51 EPS for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.24. Two Harbors Investments Corp had a net margin of 63.23% and a return on equity of 10.27%. The business had revenue of $115.03 million during the quarter, compared to analysts’ expectations of $112.87 million. During the same quarter in the previous year, the company earned $0.24 EPS. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. sell-side analysts expect that Two Harbors Investments Corp will post 2.14 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Stockholders of record on Friday, September 29th were paid a $0.52 dividend. This is a boost from Two Harbors Investments Corp’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 13.55%. Two Harbors Investments Corp’s dividend payout ratio is 71.23%.

In other Two Harbors Investments Corp news, CEO Thomas Siering acquired 5,000 shares of the business’s stock in a transaction dated Monday, August 14th. The stock was bought at an average price of $10.14 per share, with a total value of $50,700.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Two Harbors Investment Corp. acquired 2,395 shares of the business’s stock in a transaction dated Tuesday, September 26th. The stock was acquired at an average cost of $18.95 per share, with a total value of $45,385.25. The disclosure for this purchase can be found here. Insiders bought a total of 163,144 shares of company stock valued at $2,745,093 in the last ninety days. 1.16% of the stock is owned by corporate insiders.

Two Harbors Investments Corp 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.

Institutional Ownership by Quarter for Two Harbors Investments Corp (NYSE:TWO)

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