XTX Topco Ltd Invests $1.27 Million in Two Harbors Investments Corp (NYSE:TWO)

XTX Topco Ltd purchased a new stake in Two Harbors Investments Corp (NYSE:TWO - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 94,865 shares of the real estate investment trust's stock, valued at approximately $1,267,000. XTX Topco Ltd owned about 0.09% of Two Harbors Investments as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of TWO. Raymond James Financial Inc. bought a new position in Two Harbors Investments during the 4th quarter worth $172,000. Sei Investments Co. increased its holdings in shares of Two Harbors Investments by 1.3% during the fourth quarter. Sei Investments Co. now owns 139,995 shares of the real estate investment trust's stock worth $1,656,000 after purchasing an additional 1,770 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of Two Harbors Investments during the fourth quarter worth approximately $284,000. LPL Financial LLC raised its position in shares of Two Harbors Investments by 18.8% in the fourth quarter. LPL Financial LLC now owns 117,994 shares of the real estate investment trust's stock valued at $1,396,000 after buying an additional 18,682 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Two Harbors Investments 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 during the period. 64.19% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Wall Street Zen cut Two Harbors Investments from a "hold" rating to a "sell" rating in a report on Wednesday, April 30th. Royal Bank Of Canada decreased their target price on Two Harbors Investments from $13.00 to $12.00 and set a "sector perform" rating on the stock in a research report on Wednesday, May 28th. Keefe, Bruyette & Woods upped their price objective on shares of Two Harbors Investments from $12.95 to $13.25 and gave the stock a "market perform" rating in a research report on Wednesday, April 30th. Maxim Group cut their target price on shares of Two Harbors Investments from $15.00 to $12.00 and set a "buy" rating on the stock in a research report on Tuesday. Finally, JMP Securities reiterated a "market perform" rating on shares of Two Harbors Investments in a report on Thursday, July 3rd. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $12.88.

Two Harbors Investments Stock Performance

Shares of Two Harbors Investments stock opened at $9.80 on Friday. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of -2.75 and a beta of 1.25. Two Harbors Investments Corp has a twelve month low of $9.67 and a twelve month high of $14.28. The company's fifty day moving average is $10.50 and its 200 day moving average is $11.80. The company has a quick ratio of 1.05, a current ratio of 1.07 and a debt-to-equity ratio of 1.08.

Two Harbors Investments (NYSE:TWO - Get Free Report) last announced its earnings results on Monday, July 28th. The real estate investment trust reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. The business had revenue of ($18.12) million for the quarter, compared to analysts' expectations of ($23.29) million. Two Harbors Investments had a positive return on equity of 9.39% and a negative net margin of 67.06%. Sell-side analysts forecast that Two Harbors Investments Corp will post 0.81 EPS for the current year.

Two Harbors Investments Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 29th. Stockholders of record on Thursday, July 3rd were given a dividend of $0.39 per share. The ex-dividend date was Thursday, July 3rd. This represents a $1.56 annualized dividend and a dividend yield of 15.9%. Two Harbors Investments's dividend payout ratio is -43.82%.

About Two Harbors Investments

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.

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