Two Harbors Investments Corp (NYSE:TWO) major shareholder Two Harbors Investment Corp. acquired 3,440 shares of the firm’s stock in a transaction on Friday, August 11th. The shares were bought at an average cost of $19.10 per share, for a total transaction of $65,704.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Two Harbors Investment Corp. also recently made the following trade(s):

  • On Thursday, August 10th, Two Harbors Investment Corp. acquired 14,772 shares of Two Harbors Investments Corp stock. The shares were bought at an average cost of $19.10 per share, for a total transaction of $282,145.20.
  • On Wednesday, August 9th, Two Harbors Investment Corp. acquired 25,000 shares of Two Harbors Investments Corp stock. The shares were bought at an average cost of $19.07 per share, for a total transaction of $476,750.00.

Two Harbors Investments Corp (TWO) traded down 0.50% during trading on Friday, reaching $9.99. 3,392,058 shares of the company’s stock traded hands. Two Harbors Investments Corp has a one year low of $7.91 and a one year high of $10.54. The stock has a market cap of $3.49 billion, a P/E ratio of 6.52 and a beta of 0.59. The firm’s 50 day moving average price is $9.91 and its 200-day moving average price is $9.69.

Two Harbors Investments Corp (NYSE:TWO) last released its quarterly earnings data on Monday, August 7th. The real estate investment trust reported $0.28 EPS for the quarter, topping the consensus estimate of $0.26 by $0.02. Two Harbors Investments Corp had a net margin of 72.15% and a return on equity of 10.26%. The business had revenue of $117.79 million for the quarter, compared to analyst estimates of $123.04 million. During the same period in the previous year, the firm earned $0.22 EPS. The business’s revenue for the quarter was up 16.8% compared to the same quarter last year. On average, equities analysts anticipate that Two Harbors Investments Corp will post $1.06 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 27th. Investors of record on Friday, June 30th were given a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This is a positive change from Two Harbors Investments Corp’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 10.41%. Two Harbors Investments Corp’s payout ratio is currently 72.73%.

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Several large investors have recently added to or reduced their stakes in TWO. LSV Asset Management raised its stake in Two Harbors Investments Corp by 13.2% in the first quarter. LSV Asset Management now owns 1,983,340 shares of the real estate investment trust’s stock valued at $19,020,000 after buying an additional 231,540 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in Two Harbors Investments Corp by 74.4% in the first quarter. Sequoia Financial Advisors LLC now owns 213,008 shares of the real estate investment trust’s stock valued at $2,043,000 after buying an additional 90,837 shares in the last quarter. Camelot Portfolios LLC raised its stake in Two Harbors Investments Corp by 1.4% in the first quarter. Camelot Portfolios LLC now owns 204,025 shares of the real estate investment trust’s stock valued at $1,957,000 after buying an additional 2,913 shares in the last quarter. KAMES CAPITAL plc raised its stake in Two Harbors Investments Corp by 0.4% in the first quarter. KAMES CAPITAL plc now owns 738,036 shares of the real estate investment trust’s stock valued at $7,070,000 after buying an additional 3,160 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in Two Harbors Investments Corp by 177.1% in the first quarter. IFP Advisors Inc now owns 61,187 shares of the real estate investment trust’s stock valued at $587,000 after buying an additional 39,107 shares in the last quarter. Institutional investors and hedge funds own 71.02% of the company’s stock.

Several equities analysts have issued reports on TWO shares. BidaskClub raised shares of Two Harbors Investments Corp from a “buy” rating to a “strong-buy” rating in a report on Friday, August 4th. Zacks Investment Research raised shares of Two Harbors Investments Corp from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. Maxim Group reaffirmed a “buy” rating and set a $10.25 price objective on shares of Two Harbors Investments Corp in a report on Wednesday, June 7th. Finally, Credit Suisse Group started coverage on shares of Two Harbors Investments Corp in a report on Wednesday, July 5th. They set an “outperform” rating and a $10.50 price objective on the stock. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Two Harbors Investments Corp presently has a consensus rating of “Buy” and a consensus target price of $9.95.

Two Harbors Investments Corp Company 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.

Insider Buying and Selling by Quarter for Two Harbors Investments Corp (NYSE:TWO)

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