Two Harbors Investment Corp. (NYSE:TWO) Shares Sold by Wolverine Asset Management LLC

Wolverine Asset Management LLC reduced its position in Two Harbors Investment Corp. (NYSE:TWO - Free Report) by 17.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 635,920 shares of the real estate investment trust's stock after selling 134,991 shares during the period. Wolverine Asset Management LLC owned about 0.66% of Two Harbors Investment worth $8,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in TWO. Nisa Investment Advisors LLC increased its holdings in Two Harbors Investment by 44.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 52,835 shares of the real estate investment trust's stock worth $736,000 after acquiring an additional 16,271 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Two Harbors Investment by 8.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,236,922 shares of the real estate investment trust's stock worth $16,377,000 after acquiring an additional 96,057 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Two Harbors Investment by 1,208.2% in the 4th quarter. International Assets Investment Management LLC now owns 175,851 shares of the real estate investment trust's stock worth $2,450,000 after acquiring an additional 162,409 shares in the last quarter. Algert Global LLC increased its holdings in Two Harbors Investment by 151.8% in the 3rd quarter. Algert Global LLC now owns 107,978 shares of the real estate investment trust's stock worth $1,430,000 after acquiring an additional 65,100 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in Two Harbors Investment by 38.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,952 shares of the real estate investment trust's stock worth $79,000 after acquiring an additional 1,652 shares in the last quarter. 64.19% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on TWO. JMP Securities reaffirmed a "market outperform" rating and set a $15.00 target price on shares of Two Harbors Investment in a report on Thursday, April 18th. TheStreet lowered shares of Two Harbors Investment from a "c-" rating to a "d" rating in a report on Tuesday, January 30th. Jonestrading began coverage on shares of Two Harbors Investment in a report on Friday, March 22nd. They set a "hold" rating for the company. JPMorgan Chase & Co. dropped their target price on shares of Two Harbors Investment from $13.50 to $12.50 and set a "neutral" rating for the company in a report on Wednesday, April 10th. Finally, StockNews.com cut shares of Two Harbors Investment from a "hold" rating to a "sell" rating in a research report on Wednesday, January 31st. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Two Harbors Investment has a consensus rating of "Hold" and a consensus target price of $14.50.

Insider Buying and Selling at Two Harbors Investment

In other news, CFO Mary Kathryn Riskey sold 2,150 shares of the stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $12.30, for a total transaction of $26,445.00. Following the sale, the chief financial officer now owns 83,605 shares of the company's stock, valued at $1,028,341.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO William Ross Greenberg sold 7,170 shares of the company's stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $12.30, for a total transaction of $88,191.00. Following the sale, the chief executive officer now directly owns 264,079 shares in the company, valued at $3,248,171.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Mary Kathryn Riskey sold 2,150 shares of the company's stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $12.30, for a total transaction of $26,445.00. Following the sale, the chief financial officer now owns 83,605 shares in the company, valued at $1,028,341.50. The disclosure for this sale can be found here. Insiders have sold 13,752 shares of company stock valued at $169,150 over the last 90 days. 0.61% of the stock is owned by insiders.

Two Harbors Investment Trading Up 2.1 %

NYSE TWO traded up $0.26 during trading hours on Tuesday, reaching $12.57. The company had a trading volume of 710,716 shares, compared to its average volume of 1,212,449. The stock has a 50-day moving average of $12.64 and a 200 day moving average of $12.94. Two Harbors Investment Corp. has a 1-year low of $9.83 and a 1-year high of $14.59. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $1.30 billion, a P/E ratio of -6.27 and a beta of 1.87.

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 given a $0.45 dividend. The ex-dividend date of this dividend is Wednesday, April 3rd. This represents a $1.80 dividend on an annualized basis and a yield of 14.32%. Two Harbors Investment's payout ratio is currently -90.00%.

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.

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