International Assets Investment Management LLC Raises Position in Two Harbors Investment Corp. (NYSE:TWO)

International Assets Investment Management LLC increased its position in shares of Two Harbors Investment Corp. (NYSE:TWO - Free Report) by 1,208.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 175,851 shares of the real estate investment trust's stock after purchasing an additional 162,409 shares during the period. International Assets Investment Management LLC owned approximately 0.18% of Two Harbors Investment worth $2,450,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Barclays PLC increased its stake in Two Harbors Investment by 1.6% during the 2nd quarter. Barclays PLC now owns 51,085 shares of the real estate investment trust's stock worth $710,000 after acquiring an additional 786 shares during the period. Captrust Financial Advisors increased its stake in Two Harbors Investment by 4.5% during the 3rd quarter. Captrust Financial Advisors now owns 20,164 shares of the real estate investment trust's stock worth $67,000 after acquiring an additional 860 shares during the period. FMR LLC increased its stake in Two Harbors Investment by 22.1% during the 3rd quarter. FMR LLC now owns 5,324 shares of the real estate investment trust's stock worth $70,000 after acquiring an additional 964 shares during the period. Teamwork Financial Advisors LLC increased its stake in shares of Two Harbors Investment by 7.0% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 15,786 shares of the real estate investment trust's stock valued at $209,000 after purchasing an additional 1,034 shares during the last quarter. Finally, AE Wealth Management LLC increased its stake in shares of Two Harbors Investment by 7.0% in the 3rd quarter. AE Wealth Management LLC now owns 17,020 shares of the real estate investment trust's stock valued at $225,000 after purchasing an additional 1,113 shares during the last quarter. 64.19% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on TWO shares. JPMorgan Chase & Co. decreased their price target on Two Harbors Investment from $13.50 to $12.50 and set a "neutral" rating on the stock in a research note on Wednesday, April 10th. TheStreet lowered Two Harbors Investment from a "c-" rating to a "d" rating in a research note on Tuesday, January 30th. Jonestrading started coverage on Two Harbors Investment in a research note on Friday, March 22nd. They issued a "hold" rating on the stock. JMP Securities reiterated a "market outperform" rating and issued a $15.00 price target on shares of Two Harbors Investment in a research note on Thursday. Finally, StockNews.com lowered Two Harbors Investment from a "hold" rating to a "sell" rating in a research note on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $14.50.

Two Harbors Investment Price Performance

Shares of NYSE TWO traded up $0.23 during mid-day trading on Friday, hitting $12.13. 1,005,471 shares of the stock traded hands, compared to its average volume of 1,023,674. The company has a market cap of $1.26 billion, a PE ratio of -6.07 and a beta of 1.87. Two Harbors Investment Corp. has a twelve month low of $9.83 and a twelve month high of $14.59. The firm has a 50 day simple moving average of $12.66 and a two-hundred day simple moving average of $12.93. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.48 and a quick ratio of 1.48.

Two Harbors Investment Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 29th. Shareholders of record on Thursday, April 4th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 14.84%. The ex-dividend date of this dividend is Wednesday, April 3rd. Two Harbors Investment's payout ratio is presently -90.00%.

Insiders Place Their Bets

In other Two Harbors Investment news, CFO Mary Kathryn Riskey sold 2,150 shares of Two Harbors Investment stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $12.30, for a total transaction of $26,445.00. Following the transaction, the chief financial officer now directly owns 83,605 shares of the company's stock, valued at approximately $1,028,341.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Mary Kathryn Riskey sold 2,150 shares of the business's stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $12.30, for a total value of $26,445.00. Following the transaction, the chief financial officer now directly owns 83,605 shares of the company's stock, valued at approximately $1,028,341.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO William Ross Greenberg sold 7,170 shares of the business's stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $12.30, for a total value of $88,191.00. Following the completion of the transaction, the chief executive officer now directly owns 264,079 shares in the company, valued at $3,248,171.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,752 shares of company stock valued at $169,150. 0.61% of the stock is currently owned by company insiders.

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.