Two Harbors Investment Corp. (NYSE:TWO) Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its holdings in Two Harbors Investment Corp. (NYSE:TWO) by 44.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,835 shares of the real estate investment trust’s stock after purchasing an additional 16,271 shares during the period. Nisa Investment Advisors LLC’s holdings in Two Harbors Investment were worth $736,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. International Assets Investment Management LLC grew its stake in shares of 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 purchasing an additional 162,409 shares during the last quarter. Oak Thistle LLC acquired a new position in shares of Two Harbors Investment in the 4th quarter worth approximately $148,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Two Harbors Investment in the 4th quarter worth approximately $321,000. FNY Investment Advisers LLC acquired a new position in shares of Two Harbors Investment in the 4th quarter worth approximately $40,000. Finally, Howard Financial Services LTD. grew its stake in shares of Two Harbors Investment by 5.6% in the 4th quarter. Howard Financial Services LTD. now owns 38,754 shares of the real estate investment trust’s stock worth $540,000 after purchasing an additional 2,053 shares during the last quarter. Institutional investors and hedge funds own 64.19% of the company’s stock.

Two Harbors Investment Stock Performance

TWO stock opened at $11.66 on Wednesday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.48 and a current ratio of 1.48. The stock has a market cap of $1.21 billion, a P/E ratio of -5.83 and a beta of 1.87. The firm has a 50 day simple moving average of $12.68 and a 200 day simple moving average of $12.94. Two Harbors Investment Corp. has a 52 week low of $9.83 and a 52 week high of $14.59.

Two Harbors Investment Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Investors 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 dividend yield of 15.44%. The ex-dividend date of this dividend is Wednesday, April 3rd. Two Harbors Investment’s dividend payout ratio is currently -90.00%.

Wall Street Analyst Weigh In

TWO has been the topic of several recent research reports. Jonestrading assumed coverage on shares of Two Harbors Investment in a research note on Friday, March 22nd. They issued a “hold” rating on the stock. JPMorgan Chase & Co. decreased 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. StockNews.com cut shares of Two Harbors Investment from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. Finally, TheStreet cut shares of Two Harbors Investment from a “c-” rating to a “d” rating in a report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $14.50.

Insider Buying and Selling

In related news, CEO William Ross Greenberg sold 7,170 shares of the firm’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 completion of 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 filing with the SEC, which is accessible through the SEC website. In other Two Harbors Investment news, insider Rebecca B. Sandberg sold 2,360 shares of the business’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 value of $29,028.00. Following the completion of the sale, the insider now directly owns 117,399 shares of the company’s stock, valued at $1,444,007.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO William Ross Greenberg sold 7,170 shares of the business’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 $88,191.00. Following the completion of the sale, the chief executive officer now directly owns 264,079 shares of the company’s stock, valued at $3,248,171.70. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,752 shares of company stock worth $169,150. 0.61% of the stock is owned by company insiders.

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.