Two Harbors Investments (NYSE:TWO) CAO Jillian Halm Sells 1,744 Shares

Two Harbors Investments Corp (NYSE:TWO) CAO Jillian Halm sold 1,744 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $12.25, for a total value of $21,364.00. Following the transaction, the chief accounting officer directly owned 19,212 shares in the company, valued at $235,347. This trade represents a 8.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Two Harbors Investments Stock Up 0.4%

Shares of Two Harbors Investments stock traded up $0.06 on Monday, reaching $12.29. 3,831,848 shares of the company were exchanged, compared to its average volume of 4,663,533. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of -4.91 and a beta of 1.19. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.13. Two Harbors Investments Corp has a one year low of $9.30 and a one year high of $14.28. The company has a 50-day moving average of $10.25 and a 200 day moving average of $10.10.

Two Harbors Investments (NYSE:TWO) last issued its earnings results on Monday, March 7th. The real estate investment trust reported $0.24 earnings per share for the quarter. Two Harbors Investments had a negative net margin of 44.10% and a positive return on equity of 11.92%. The business had revenue of ($18.67) million for the quarter. On average, equities research analysts forecast that Two Harbors Investments Corp will post 0.81 earnings per share for the current year.

Two Harbors Investments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 29th. Stockholders of record on Monday, January 5th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 11.1%. The ex-dividend date of this dividend is Monday, January 5th. Two Harbors Investments’s dividend payout ratio (DPR) is -54.40%.

Institutional Investors Weigh In On Two Harbors Investments

A number of hedge funds and other institutional investors have recently modified their holdings of TWO. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Two Harbors Investments in the third quarter valued at about $25,000. Quarry LP increased its position in Two Harbors Investments by 695.6% during the third quarter. Quarry LP now owns 3,421 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 2,991 shares during the period. AlphaQuest LLC raised its stake in Two Harbors Investments by 240.4% in the 2nd quarter. AlphaQuest LLC now owns 3,370 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 2,380 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Two Harbors Investments in the 3rd quarter worth about $42,000. Finally, CWM LLC boosted its holdings in Two Harbors Investments by 456.0% in the 3rd quarter. CWM LLC now owns 5,465 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 4,482 shares during the period. Institutional investors and hedge funds own 64.19% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on TWO shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Two Harbors Investments in a research note on Monday, December 29th. Zacks Research lowered Two Harbors Investments from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. JPMorgan Chase & Co. raised their price objective on Two Harbors Investments from $9.50 to $10.00 and gave the company a “neutral” rating in a research report on Monday, October 20th. Maxim Group lowered Two Harbors Investments from a “buy” rating to a “hold” rating in a report on Thursday, December 18th. Finally, Wall Street Zen upgraded Two Harbors Investments from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Two Harbors Investments presently has an average rating of “Hold” and an average target price of $11.96.

About Two Harbors Investments

Two Harbors Investments Corp. is a mortgage real estate investment trust (mREIT) that primarily invests in residential mortgage-backed securities (RMBS) issued or guaranteed by government-sponsored enterprises, as well as non-agency residential mortgage loans, mortgage servicing rights and credit risk transfer securities. The company seeks to generate attractive risk-adjusted returns for its shareholders by employing leverage to enhance net interest income derived from its portfolio of high-quality fixed-income assets.

Headquartered in Minneapolis, Minnesota, Two Harbors operates through a self-managed platform that combines portfolio management, risk-management and securitization expertise.