Deutsche Bank AG Has $1.07 Million Stock Position in Two Harbors Investment Corp. (NYSE:TWO)

Deutsche Bank AG increased its holdings in shares of Two Harbors Investment Corp. (NYSE:TWO - Free Report) by 54.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,474 shares of the real estate investment trust's stock after acquiring an additional 31,954 shares during the quarter. Deutsche Bank AG owned approximately 0.09% of Two Harbors Investment worth $1,070,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Invesco Ltd. boosted its holdings in shares of Two Harbors Investment by 28.6% during the fourth quarter. Invesco Ltd. now owns 2,154,757 shares of the real estate investment trust's stock valued at $25,491,000 after acquiring an additional 478,958 shares during the period. Balyasny Asset Management L.P. increased its holdings in shares of Two Harbors Investment by 19.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 2,313,837 shares of the real estate investment trust's stock worth $27,373,000 after acquiring an additional 371,436 shares during the period. Vanguard Group Inc. lifted its position in Two Harbors Investment by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 11,490,101 shares of the real estate investment trust's stock valued at $135,928,000 after purchasing an additional 329,762 shares during the last quarter. Norges Bank acquired a new position in Two Harbors Investment during the 4th quarter valued at about $3,898,000. Finally, GraniteShares Advisors LLC bought a new position in Two Harbors Investment in the 4th quarter worth about $2,476,000. Institutional investors own 64.19% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TWO shares. Wall Street Zen cut Two Harbors Investment from a "hold" rating to a "sell" rating in a report on Wednesday, April 30th. Keefe, Bruyette & Woods lifted their target price on Two Harbors Investment from $12.95 to $13.25 and gave the company a "market perform" rating in a research note on Wednesday, April 30th. Royal Bank of Canada boosted their price target on 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. JPMorgan Chase & Co. decreased their price target on Two Harbors Investment from $12.50 to $10.50 and set a "neutral" rating for the company in a research note on Wednesday, April 16th. Finally, UBS Group lifted their price objective on shares of Two Harbors Investment from $12.00 to $13.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Two Harbors Investment currently has an average rating of "Hold" and an average price target of $13.29.

Two Harbors Investment Price Performance

NYSE TWO traded up $0.16 on Tuesday, reaching $11.01. 5,249,109 shares of the stock traded hands, compared to its average volume of 1,240,229. Two Harbors Investment Corp. has a 12 month low of $10.16 and a 12 month high of $14.28. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 5.22 and a beta of 1.33. The firm's fifty day simple moving average is $11.89 and its 200 day simple moving average is $12.22. The company has a quick ratio of 1.07, a current ratio of 1.09 and a debt-to-equity ratio of 0.84.

Two Harbors Investment (NYSE:TWO - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.04). The firm had revenue of ($20.33) million during the quarter, compared to analyst estimates of ($28.53) million. Two Harbors Investment had a net margin of 66.24% and a return on equity of 6.52%. As a group, research analysts predict that Two Harbors Investment Corp. will post 0.81 EPS for the current fiscal year.

Two Harbors Investment Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 29th. Stockholders of record on Friday, April 4th were paid a $0.45 dividend. The ex-dividend date was Friday, April 4th. This represents a $1.80 annualized dividend and a dividend yield of 16.35%. Two Harbors Investment's dividend payout ratio is currently -352.94%.

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.