Murphy & Mullick Capital Management Corp Invests $40,000 in Two Harbors Investment Corp. (NYSE:TWO)

Murphy & Mullick Capital Management Corp purchased a new stake in Two Harbors Investment Corp. (NYSE:TWO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,375 shares of the real estate investment trust’s stock, valued at approximately $40,000.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Two Harbors Investment by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 11,490,101 shares of the real estate investment trust’s stock valued at $135,928,000 after buying an additional 329,762 shares in the last quarter. GraniteShares Advisors LLC acquired a new stake in shares of Two Harbors Investment during the fourth quarter worth $2,476,000. Wolverine Asset Management LLC lifted its position in Two Harbors Investment by 29.3% in the 4th quarter. Wolverine Asset Management LLC now owns 694,397 shares of the real estate investment trust’s stock valued at $8,215,000 after acquiring an additional 157,276 shares in the last quarter. Van ECK Associates Corp boosted its stake in Two Harbors Investment by 20.2% in the 4th quarter. Van ECK Associates Corp now owns 893,014 shares of the real estate investment trust’s stock worth $10,564,000 after purchasing an additional 149,870 shares during the period. Finally, Barclays PLC increased its holdings in Two Harbors Investment by 346.0% during the 3rd quarter. Barclays PLC now owns 172,557 shares of the real estate investment trust’s stock worth $2,395,000 after purchasing an additional 133,869 shares in the last quarter. Institutional investors own 64.19% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on TWO shares. StockNews.com upgraded Two Harbors Investment from a “sell” rating to a “hold” rating in a report on Wednesday, February 5th. JPMorgan Chase & Co. boosted their target price on Two Harbors Investment from $11.00 to $12.50 and gave the company a “neutral” rating in a research note on Friday, January 31st. JMP Securities reaffirmed a “market outperform” rating and set a $14.00 price target on shares of Two Harbors Investment in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada boosted their price objective on shares of Two Harbors Investment from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $13.96.

Insider Activity

In related news, CIO Nicholas Letica sold 6,040 shares of the stock in a transaction on Friday, January 10th. The stock was sold at an average price of $11.13, for a total value of $67,225.20. Following the sale, the executive now owns 174,672 shares in the company, valued at approximately $1,944,099.36. This represents a 3.34 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Rebecca B. Sandberg sold 3,785 shares of Two Harbors Investment stock in a transaction on Friday, January 10th. The stock was sold at an average price of $11.14, for a total transaction of $42,164.90. Following the transaction, the insider now directly owns 152,378 shares of the company’s stock, valued at approximately $1,697,490.92. This trade represents a 2.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 33,136 shares of company stock valued at $377,154 over the last three months. Insiders own 0.61% of the company’s stock.

Two Harbors Investment Trading Up 0.1 %

NYSE TWO opened at $13.47 on Friday. Two Harbors Investment Corp. has a 12 month low of $10.84 and a 12 month high of $14.28. The company has a current ratio of 1.09, a quick ratio of 1.07 and a debt-to-equity ratio of 0.84. The stock has a 50 day moving average of $13.23 and a 200-day moving average of $12.64. The company has a market cap of $1.40 billion, a PE ratio of 6.39 and a beta of 1.86.

Two Harbors Investment (NYSE:TWO) last announced its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts’ consensus estimates 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, equities research analysts anticipate that Two Harbors Investment Corp. will post 0.81 EPS for the current fiscal year.

Two Harbors Investment Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Friday, April 4th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 13.36%. The ex-dividend date of this dividend is Friday, April 4th. Two Harbors Investment’s dividend payout ratio (DPR) is presently 85.31%.

Two Harbors Investment 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.