Two Sigma Securities LLC Makes New $250,000 Investment in Two Harbors Investment Corp. (NYSE:TWO)

Two Sigma Securities LLC purchased a new stake in Two Harbors Investment Corp. (NYSE:TWO - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 21,115 shares of the real estate investment trust's stock, valued at approximately $250,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Invesco Ltd. grew its position in Two Harbors Investment by 28.6% during the 4th quarter. Invesco Ltd. now owns 2,154,757 shares of the real estate investment trust's stock worth $25,491,000 after purchasing an additional 478,958 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Two Harbors Investment by 3.0% during 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 in the last quarter. Norges Bank acquired a new position in Two Harbors Investment during the fourth quarter valued at $3,898,000. GraniteShares Advisors LLC purchased a new stake in Two Harbors Investment in the 4th quarter worth about $2,476,000. Finally, JPMorgan Chase & Co. boosted its position in Two Harbors Investment by 63.1% during the 4th quarter. JPMorgan Chase & Co. now owns 420,923 shares of the real estate investment trust's stock worth $4,980,000 after acquiring an additional 162,781 shares during the period. 64.19% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Rebecca B. Sandberg sold 2,561 shares of the business's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $12.96, for a total transaction of $33,190.56. Following the transaction, the insider now owns 146,803 shares of the company's stock, valued at approximately $1,902,566.88. The trade was a 1.71 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.70% of the company's stock.

Two Harbors Investment Stock Down 0.5 %

Two Harbors Investment stock traded down $0.07 during mid-day trading on Monday, hitting $11.81. 220,077 shares of the company's stock were exchanged, compared to its average volume of 1,201,442. Two Harbors Investment Corp. has a 1-year low of $10.16 and a 1-year high of $14.28. The stock has a 50 day moving average of $12.58 and a two-hundred day moving average of $12.28. The stock has a market cap of $1.23 billion, a P/E ratio of 5.60 and a beta of 1.36. The company has a current ratio of 1.09, a quick ratio of 1.07 and a debt-to-equity ratio of 0.84.

Two Harbors Investment (NYSE:TWO - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by ($0.04). The company had revenue of ($20.33) million during the quarter, compared to the consensus estimate 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, analysts anticipate that Two Harbors Investment Corp. will post 0.81 EPS for the current fiscal year.

Two Harbors Investment Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 29th. Investors of record on Friday, April 4th were issued a $0.45 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a $1.80 annualized dividend and a yield of 15.25%. Two Harbors Investment's dividend payout ratio (DPR) is presently -352.94%.

Wall Street Analyst Weigh In

TWO has been the topic of a number of research reports. UBS Group upped their target price on Two Harbors Investment from $12.00 to $13.00 and gave the company a "buy" rating in a report on Thursday. JPMorgan Chase & Co. cut their target price on shares of Two Harbors Investment from $12.50 to $10.50 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. StockNews.com cut shares of Two Harbors Investment from a "hold" rating to a "sell" rating in a report on Wednesday, April 30th. Keefe, Bruyette & Woods increased their price objective on Two Harbors Investment from $12.95 to $13.25 and gave the stock a "market perform" rating in a report on Wednesday, April 30th. Finally, JMP Securities lowered their target price on Two Harbors Investment from $14.00 to $13.50 and set a "market outperform" rating on the stock in a research note on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Two Harbors Investment has a consensus rating of "Hold" and an average target price of $13.29.

About Two Harbors Investment

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.