2 weeks Ago By Defense World Staff
LPL Financial LLC lifted its position in shares of Two Harbors Investment Corp. ( NYSE:TWO – Free Report ) by 18.8% in the fourth quarter, according to its most recent 13F filing with the SEC.
The firm owned 117,994 shares of the real estate investment trust’s stock after purchasing an additional 18,682 shares during the quarter. LPL Financial LLC owned about 0.11% of Two Harbors Investment worth $1,396,000 as of its most recent filing with the SEC.
Other large investors have also recently added to or reduced their stakes in the company. McIlrath & Eck LLC purchased a new stake in shares of Two Harbors Investment during the third quarter worth about $64,000. KBC Group NV lifted its position in shares of 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 buying an additional 3,077 shares during the last quarter. Motiv8 Investments LLC acquired a new position in shares of Two Harbors Investment in the 4th quarter valued at about $130,000.
Simplify Asset Management Inc. grew its position in shares of 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 buying an additional 1,000 shares during the last quarter. Finally, Raymond James Financial Inc.
bought a new position in Two Harbors Investment in the fourth quarter worth about $172,000. 64.19% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In Several equities research analysts have weighed in on the company. JMP Securities dropped 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 report on Thursday. Keefe, Bruyette & Woods lowered their target price on Two Harbors Investment from $13.50 to $12.
95 and set a “market perform” rating on the stock in a research report on Tuesday, April 8th. JPMorgan Chase & Co. decreased their price target on Two Harbors Investment from $12.
50 to $10.50 and set a “neutral” rating for the company in a research note on Wednesday. Royal Bank of Canada raised their price target on Two Harbors Investment from $12.
00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday, February 13th. Finally, StockNews.
com upgraded shares of Two Harbors Investment from a “sell” rating to a “hold” rating in a research report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.
com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.46. Insiders Place Their Bets In other Two Harbors Investment news, insider Rebecca B.
Sandberg sold 2,561 shares of Two Harbors Investment stock in a transaction that occurred 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 directly owns 146,803 shares in the company, valued at approximately $1,902,566.88.
The trade was a 1.71 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink .
Corporate insiders own 0.61% of the company’s stock. Two Harbors Investment Stock Performance NYSE:TWO opened at $10.
97 on Friday. The company has a current ratio of 1.09, a quick ratio of 1.
07 and a debt-to-equity ratio of 0.84. The company has a 50-day moving average of $13.
00 and a 200-day moving average of $12.39. Two Harbors Investment Corp.
has a twelve month low of $10.16 and a twelve month high of $14.28.
The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 5.20 and a beta of 1.
36. Two Harbors Investment ( NYSE:TWO – Get Free Report ) last posted its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.
20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.07).
Two Harbors Investment had a return on equity of 6.52% and a net margin of 66.24%.
Analysts forecast that Two Harbors Investment Corp. will post 0.81 earnings per share for the current fiscal year.
Two Harbors Investment Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 29th. Investors of record on Friday, April 4th will be given a $0.45 dividend.
The ex-dividend date of this dividend is Friday, April 4th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 16.
42%. Two Harbors Investment’s dividend payout ratio (DPR) is 85.31%.
Two Harbors Investment Profile ( Free Report ) 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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com to get the latest 13F filings and insider trades for Two Harbors Investment Corp. ( NYSE:TWO – Free Report ). Receive News & Ratings for Two Harbors Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Two Harbors Investment and related companies with MarketBeat.
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