Two Harbors Investment Corp. (NYSE:TWO) Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC grew its stake in shares of Two Harbors Investment Corp. (NYSE:TWO) by 1,208.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,851 shares of the real estate investment trust’s stock after acquiring an additional 162,409 shares during the quarter. International Assets Investment Management LLC’s holdings in Two Harbors Investment were worth $2,450,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. FNY Investment Advisers LLC acquired a new position in shares of Two Harbors Investment during the fourth quarter valued at about $40,000. Sequoia Financial Advisors LLC acquired a new position in shares of Two Harbors Investment during the first quarter valued at about $58,000. Glenmede Trust Co. NA increased its holdings in Two Harbors Investment by 8.9% in the 3rd quarter. Glenmede Trust Co. NA now owns 18,274 shares of the real estate investment trust’s stock worth $60,000 after buying an additional 1,492 shares during the period. Captrust Financial Advisors increased its holdings in Two Harbors Investment by 4.5% in the 3rd quarter. Captrust Financial Advisors now owns 20,164 shares of the real estate investment trust’s stock worth $67,000 after buying an additional 860 shares during the period. Finally, Private Advisor Group LLC acquired a new position in Two Harbors Investment in the 1st quarter worth approximately $68,000. Institutional investors and hedge funds own 64.19% of the company’s stock.

Two Harbors Investment Stock Up 1.9 %

Shares of TWO opened at $12.13 on Friday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 1.00. Two Harbors Investment Corp. has a 12 month low of $9.83 and a 12 month high of $14.59. The stock’s 50 day moving average is $12.66 and its two-hundred day moving average is $12.93. The firm has a market cap of $1.26 billion, a P/E ratio of -6.07 and a beta of 1.87.

Two Harbors Investment Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 29th. Shareholders of record on Thursday, April 4th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 14.84%. The ex-dividend date is Wednesday, April 3rd. Two Harbors Investment’s payout ratio is currently -90.00%.

Analyst Ratings Changes

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

Insider Buying and Selling at Two Harbors Investment

In other Two Harbors Investment news, CFO Mary Kathryn Riskey sold 2,150 shares of the firm’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 value of $26,445.00. Following the sale, the chief financial officer now directly owns 83,605 shares of the company’s stock, valued at $1,028,341.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CFO Mary Kathryn Riskey sold 2,150 shares of Two Harbors Investment stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $12.30, for a total value of $26,445.00. Following the sale, the chief financial officer now directly 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 is accessible through this hyperlink. Also, CEO William Ross Greenberg sold 7,170 shares of Two Harbors Investment stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $12.30, for a total value 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 13,752 shares of company stock valued at $169,150. Company insiders own 0.61% of the company’s stock.

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.