Two Harbors Investment Corp. (NYSE:TWO) Shares Purchased by Invesco Ltd.

Invesco Ltd. boosted its holdings in shares of Two Harbors Investment Corp. (NYSE:TWO) by 28.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,154,757 shares of the real estate investment trust’s stock after acquiring an additional 478,958 shares during the quarter. Invesco Ltd. owned about 2.08% of Two Harbors Investment worth $25,491,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TWO. Simplify Asset Management Inc. raised its holdings in Two Harbors Investment by 10.0% in the 4th quarter. Simplify Asset Management Inc. now owns 11,000 shares of the real estate investment trust’s stock valued at $130,000 after buying an additional 1,000 shares during the period. Sei Investments Co. raised its stake in shares of Two Harbors Investment by 1.3% in the 4th quarter. Sei Investments Co. now owns 139,995 shares of the real estate investment trust’s stock valued at $1,656,000 after acquiring an additional 1,770 shares during the period. KBC Group NV lifted its holdings in shares of Two Harbors Investment by 86.5% in the 4th quarter. KBC Group NV now owns 6,635 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 3,077 shares during the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of Two Harbors Investment during the 4th quarter worth approximately $40,000. Finally, JPMorgan Chase & Co. increased its holdings in Two Harbors Investment by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 258,142 shares of the real estate investment trust’s stock valued at $3,583,000 after purchasing an additional 3,391 shares during the last quarter. Hedge funds and other institutional investors own 64.19% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on TWO. Keefe, Bruyette & Woods dropped their price objective on Two Harbors Investment from $13.50 to $12.95 and set a “market perform” rating for the company in a research note on Tuesday, April 8th. JMP Securities dropped their target price on Two Harbors Investment from $14.00 to $13.50 and set a “market outperform” rating for the company in a research report on Thursday. StockNews.com raised shares of Two Harbors Investment from a “sell” rating to a “hold” rating in a research report on Wednesday, February 5th. JPMorgan Chase & Co. dropped their price objective on shares of Two Harbors Investment from $12.50 to $10.50 and set a “neutral” rating for the company in a report on Wednesday. Finally, Royal Bank of Canada increased their target price on shares of Two Harbors Investment from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $13.46.

Insiders Place Their Bets

In other news, insider Rebecca B. Sandberg sold 2,561 shares of Two Harbors Investment stock in a transaction on Monday, February 10th. The shares were sold at an average price of $12.96, for a total value of $33,190.56. Following the transaction, the insider now directly owns 146,803 shares of the company’s stock, valued at $1,902,566.88. The trade was a 1.71 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.61% of the company’s stock.

Two Harbors Investment Stock Up 1.4 %

Two Harbors Investment stock opened at $10.97 on Friday. The stock’s fifty day moving average is $12.96 and its two-hundred day moving average is $12.37. The stock has a market cap of $1.14 billion, a PE ratio of 5.20 and a beta of 1.36. Two Harbors Investment Corp. has a 1-year low of $10.16 and a 1-year high of $14.28. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.09 and a quick ratio of 1.07.

Two Harbors Investment (NYSE:TWO) last announced its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.07). Two Harbors Investment had a net margin of 66.24% and a return on equity of 6.52%. On average, sell-side analysts expect that Two Harbors Investment Corp. will post 0.81 EPS for the current fiscal year.

Two Harbors Investment Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Friday, April 4th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Friday, April 4th. This represents a $1.80 annualized dividend and a yield of 16.42%. Two Harbors Investment’s dividend payout ratio is presently 85.31%.

Two Harbors Investment Company Profile

Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions.