PagnatoKarp Partners LLC grew its holdings in Two Harbors Investments Corp (NYSE:TWO) by 0.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,755 shares of the real estate investment trust’s stock after acquiring an additional 55 shares during the period. PagnatoKarp Partners LLC’s holdings in Two Harbors Investments Corp were worth $343,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. World Asset Management Inc lifted its position in shares of Two Harbors Investments Corp by 0.7% in the first quarter. World Asset Management Inc now owns 12,407 shares of the real estate investment trust’s stock valued at $119,000 after acquiring an additional 83 shares in the last quarter. CIBC World Markets Inc. lifted its position in shares of Two Harbors Investments Corp by 1.1% in the second quarter. CIBC World Markets Inc. now owns 15,140 shares of the real estate investment trust’s stock valued at $150,000 after acquiring an additional 162 shares in the last quarter. Cadence Capital Management LLC lifted its position in shares of Two Harbors Investments Corp by 1.6% in the second quarter. Cadence Capital Management LLC now owns 12,310 shares of the real estate investment trust’s stock valued at $122,000 after acquiring an additional 190 shares in the last quarter. Utah Retirement Systems lifted its position in shares of Two Harbors Investments Corp by 0.4% in the second quarter. Utah Retirement Systems now owns 63,362 shares of the real estate investment trust’s stock valued at $628,000 after acquiring an additional 262 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Two Harbors Investments Corp by 0.7% in the first quarter. Principal Financial Group Inc. now owns 61,784 shares of the real estate investment trust’s stock valued at $593,000 after acquiring an additional 454 shares in the last quarter. Institutional investors and hedge funds own 70.21% of the company’s stock.

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Several equities analysts have recently commented on the company. BidaskClub upgraded Two Harbors Investments Corp from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 4th. Credit Suisse Group restated a “buy” rating and issued a $10.00 price objective on shares of Two Harbors Investments Corp in a research report on Thursday, August 10th. Maxim Group restated a “buy” rating and issued a $10.25 price objective on shares of Two Harbors Investments Corp in a research report on Tuesday, August 8th. Finally, Zacks Investment Research upgraded Two Harbors Investments Corp from a “sell” rating to a “hold” rating in a research report on Thursday, July 13th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $9.95.

Shares of Two Harbors Investments Corp (NYSE TWO) traded up 0.049% during midday trading on Wednesday, hitting $10.115. The stock had a trading volume of 754,255 shares. Two Harbors Investments Corp has a 52-week low of $7.91 and a 52-week high of $10.54. The firm has a 50 day moving average price of $10.06 and a 200-day moving average price of $9.91. The stock has a market cap of $3.53 billion, a PE ratio of 6.598 and a beta of 0.59.

Two Harbors Investments Corp (NYSE:TWO) last posted its earnings results on Monday, August 7th. The real estate investment trust reported $0.28 earnings per share (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 prior year, the company posted $0.22 EPS. The company’s revenue for the quarter was up 16.8% on a year-over-year basis. Equities analysts predict that Two Harbors Investments Corp will post $1.07 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 27th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 10.29%. The ex-dividend date is Thursday, September 28th. Two Harbors Investments Corp’s payout ratio is currently 72.73%.

In related news, CEO Thomas Siering purchased 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were purchased at an average cost of $10.14 per share, with a total value of $50,700.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Brian Taylor purchased 32,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was bought at an average cost of $10.06 per share, for a total transaction of $321,920.00. Following the completion of the purchase, the director now directly owns 51,865 shares in the company, valued at approximately $521,761.90. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 80,212 shares of company stock worth $1,197,219. Corporate insiders own 1.16% 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), 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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Institutional Ownership by Quarter for Two Harbors Investments Corp (NYSE:TWO)

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