Two Harbors Investment Corp. (NYSE:TWO) Stake Lessened by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in shares of Two Harbors Investment Corp. (NYSE:TWO) by 58.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,000 shares of the real estate investment trust’s stock after selling 11,345 shares during the period. SG Americas Securities LLC’s holdings in Two Harbors Investment were worth $111,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Two Harbors Investment by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 38,631,309 shares of the real estate investment trust’s stock worth $128,256,000 after buying an additional 641,168 shares in the last quarter. BlackRock Inc. boosted its position in shares of Two Harbors Investment by 10.8% during the 1st quarter. BlackRock Inc. now owns 16,693,244 shares of the real estate investment trust’s stock valued at $245,558,000 after purchasing an additional 1,624,206 shares in the last quarter. State Street Corp grew its stake in shares of Two Harbors Investment by 2.6% in the 2nd quarter. State Street Corp now owns 13,064,956 shares of the real estate investment trust’s stock worth $65,063,000 after purchasing an additional 332,585 shares during the last quarter. Invesco Ltd. grew its stake in shares of Two Harbors Investment by 20.7% in the 1st quarter. Invesco Ltd. now owns 4,846,112 shares of the real estate investment trust’s stock worth $26,799,000 after purchasing an additional 830,513 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Two Harbors Investment by 0.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,136,632 shares of the real estate investment trust’s stock worth $22,876,000 after purchasing an additional 38,698 shares in the last quarter. 64.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Two Harbors Investment

In other Two Harbors Investment news, CEO William Ross Greenberg sold 7,170 shares of the 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 $88,191.00. Following the completion of the sale, the chief executive officer now owns 264,079 shares in the company, valued at approximately $3,248,171.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CFO Mary Kathryn Riskey sold 2,150 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 $26,445.00. Following the transaction, the chief financial officer now owns 83,605 shares of the company’s stock, valued at $1,028,341.50. The sale was disclosed in a legal filing with the SEC, which is available 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 have sold 13,752 shares of company stock valued at $169,150. Corporate insiders own 0.61% of the company’s stock.

Two Harbors Investment Trading Up 1.9 %

Shares of NYSE 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 one year low of $9.83 and a one year high of $14.59. The business has a 50-day moving average price of $12.66 and a two-hundred day moving average price of $12.93. The firm has a market capitalization of $1.26 billion, a PE ratio of -6.07 and a beta of 1.87.

Two Harbors Investment Dividend Announcement

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 14.84%. The ex-dividend date 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. JPMorgan Chase & Co. decreased their price target on shares of Two Harbors Investment from $13.50 to $12.50 and set a “neutral” rating on the stock in a research report on Wednesday, April 10th. TheStreet lowered Two Harbors Investment from a “c-” rating to a “d” rating in a research report on Tuesday, January 30th. StockNews.com lowered Two Harbors Investment from a “hold” rating to a “sell” rating in a research report on Wednesday, January 31st. Jonestrading started coverage on Two Harbors Investment in a report on Friday, March 22nd. They set a “hold” rating on the stock. Finally, JMP Securities reiterated a “market outperform” rating and issued 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 given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $14.50.

Two Harbors Investment Profile

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.