Deutsche Bank AG Buys 31,954 Shares of Two Harbors Investment Corp. (NYSE:TWO)

Deutsche Bank AG lifted its stake in Two Harbors Investment Corp. (NYSE:TWO - Free Report) by 54.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,474 shares of the real estate investment trust's stock after purchasing an additional 31,954 shares during the quarter. Deutsche Bank AG owned about 0.09% of Two Harbors Investment worth $1,070,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in TWO. Sterling Capital Management LLC boosted its holdings in Two Harbors Investment by 818.5% in the fourth quarter. Sterling Capital Management LLC now owns 3,325 shares of the real estate investment trust's stock worth $39,000 after acquiring an additional 2,963 shares in the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of Two Harbors Investment in the 4th quarter worth about $40,000. KBC Group NV boosted its stake in 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 purchasing an additional 3,077 shares in the last quarter. Motiv8 Investments LLC purchased a new stake in Two Harbors Investment during the 4th quarter valued at about $130,000. Finally, Simplify Asset Management Inc. grew its position in Two Harbors Investment by 10.0% during 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 purchasing an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 64.19% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Two Harbors Investment from a "hold" rating to a "sell" rating in a research note on Wednesday, April 30th. JPMorgan Chase & Co. lowered their price objective on Two Harbors Investment from $12.50 to $10.50 and set a "neutral" rating on the stock in a research report on Wednesday, April 16th. Royal Bank of Canada reduced their target price on Two Harbors Investment from $13.00 to $12.00 and set a "sector perform" rating for the company in a report on Wednesday. UBS Group boosted their price target on Two Harbors Investment from $12.00 to $13.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Finally, JMP Securities dropped their price objective on Two Harbors Investment from $14.00 to $13.50 and set a "market outperform" rating on the stock in a research report on Thursday, April 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $13.14.

Two Harbors Investment Stock Performance

Shares of TWO stock traded down $0.49 during mid-day trading on Friday, reaching $10.64. 821,591 shares of the company's stock traded hands, compared to its average volume of 1,241,089. The firm has a 50 day moving average price of $11.73 and a two-hundred day moving average price of $12.19. The firm has a market capitalization of $1.11 billion, a PE ratio of 5.04 and a beta of 1.33. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.07 and a current ratio of 1.09. Two Harbors Investment Corp. has a 12 month low of $10.16 and a 12 month high of $14.28.

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

Two Harbors Investment Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 29th. Investors of record on Friday, April 4th were given a dividend of $0.45 per share. The ex-dividend date was Friday, April 4th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 16.93%. Two Harbors Investment's dividend payout ratio is -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.