Yousif Capital Management LLC Grows Holdings in Two Harbors Investment Corp. (NYSE:TWO)

Yousif Capital Management LLC lifted its position in shares of Two Harbors Investment Corp. (NYSE:TWO) by 22.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,506 shares of the real estate investment trust’s stock after acquiring an additional 10,842 shares during the quarter. Yousif Capital Management LLC’s holdings in Two Harbors Investment were worth $815,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Teamwork Financial Advisors LLC raised its holdings in Two Harbors Investment by 7.0% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 15,786 shares of the real estate investment trust’s stock worth $209,000 after purchasing an additional 1,034 shares during the period. New York State Common Retirement Fund lifted its position in shares of Two Harbors Investment by 3.7% during the 4th quarter. New York State Common Retirement Fund now owns 40,453 shares of the real estate investment trust’s stock valued at $564,000 after buying an additional 1,459 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Two Harbors Investment by 38.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,952 shares of the real estate investment trust’s stock valued at $79,000 after acquiring an additional 1,652 shares during the period. Nisa Investment Advisors LLC increased its holdings in Two Harbors Investment by 5.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 36,564 shares of the real estate investment trust’s stock worth $484,000 after acquiring an additional 1,872 shares in the last quarter. Finally, Swiss National Bank raised its position in Two Harbors Investment by 1.0% during the third quarter. Swiss National Bank now owns 212,488 shares of the real estate investment trust’s stock worth $2,813,000 after acquiring an additional 2,000 shares during the period. 64.19% of the stock is currently owned by institutional investors and hedge funds.

Two Harbors Investment Stock Performance

Shares of Two Harbors Investment stock opened at $13.09 on Friday. The business’s 50 day moving average price is $12.63 and its 200 day moving average price is $12.97. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 7.35 and a beta of 1.85. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.48 and a current ratio of 1.09. Two Harbors Investment Corp. has a one year low of $9.83 and a one year high of $14.59.

Two Harbors Investment Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 29th. Stockholders of record on Thursday, April 4th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, April 3rd. This represents a $1.80 annualized dividend and a dividend yield of 13.75%. Two Harbors Investment’s dividend payout ratio is presently 101.12%.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. TheStreet lowered shares of Two Harbors Investment from a “c-” rating to a “d” rating in a research report on Tuesday, January 30th. JMP Securities reiterated a “market outperform” rating and set a $15.00 price objective on shares of Two Harbors Investment in a research note on Thursday, April 18th. Jonestrading assumed coverage on Two Harbors Investment in a research report on Friday, March 22nd. They issued a “hold” rating on the stock. StockNews.com upgraded Two Harbors Investment from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. decreased their price objective 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. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $14.57.

Insider Activity

In related news, CFO Mary Kathryn Riskey sold 2,150 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $12.30, for a total transaction of $26,445.00. Following the completion of the sale, the chief financial officer now directly owns 83,605 shares in the company, valued at $1,028,341.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Rebecca B. Sandberg sold 2,360 shares of the company’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 $29,028.00. Following the transaction, the insider now directly owns 117,399 shares in the company, valued at $1,444,007.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Mary Kathryn Riskey sold 2,150 shares of the firm’s stock in a transaction 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 approximately $1,028,341.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,752 shares of company stock valued at $169,150. 0.61% of the stock is currently owned by 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.