Chicago Equity Partners LLC increased its stake in shares of Two Harbors Investments Corp (NYSE:TWO) by 122.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 534,735 shares of the real estate investment trust’s stock after buying an additional 294,855 shares during the period. Chicago Equity Partners LLC owned 0.15% of Two Harbors Investments Corp worth $5,299,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC acquired a new position in Two Harbors Investments Corp during the first quarter worth $106,000. Cadence Capital Management LLC acquired a new position in Two Harbors Investments Corp during the first quarter worth $116,000. World Asset Management Inc raised its position in Two Harbors Investments Corp by 0.7% in the first quarter. World Asset Management Inc now owns 12,407 shares of the real estate investment trust’s stock worth $119,000 after buying an additional 83 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new position in Two Harbors Investments Corp during the first quarter worth $120,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Two Harbors Investments Corp by 61.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,264 shares of the real estate investment trust’s stock worth $137,000 after buying an additional 5,456 shares during the last quarter. Institutional investors and hedge funds own 70.22% of the company’s stock.

Two Harbors Investments Corp (NYSE TWO) opened at 10.25 on Friday. The stock has a market capitalization of $3.58 billion, a P/E ratio of 6.69 and a beta of 0.58. Two Harbors Investments Corp has a 52 week low of $7.91 and a 52 week high of $10.54. The firm’s 50-day moving average is $9.97 and its 200-day moving average is $9.84.

Two Harbors Investments Corp (NYSE:TWO) last released its quarterly earnings results on Monday, August 7th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.02. Two Harbors Investments Corp had a net margin of 72.15% and a return on equity of 10.26%. The company had revenue of $117.79 million for the quarter, compared to analysts’ expectations of $123.04 million. During the same period last year, the company earned $0.22 EPS. The firm’s revenue for the quarter was up 16.8% compared to the same quarter last year. On average, equities research analysts predict that Two Harbors Investments Corp will post $1.07 EPS for the current fiscal year.

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A number of research firms recently weighed in on TWO. BidaskClub upgraded shares of Two Harbors Investments Corp from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 4th. Credit Suisse Group restated a “buy” rating and set a $10.00 price target on shares of Two Harbors Investments Corp in a research report on Thursday, August 10th. Maxim Group restated a “buy” rating and set a $10.25 price target on shares of Two Harbors Investments Corp in a research report on Tuesday, August 8th. Finally, Zacks Investment Research upgraded shares of Two Harbors Investments Corp from a “sell” rating to a “hold” rating in a research report on Thursday, July 13th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Two Harbors Investments Corp has a consensus rating of “Buy” and an average price target of $9.95.

In related news, CEO Thomas Siering bought 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were acquired at an average cost of $10.14 per share, with a total value of $50,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Brian Taylor bought 32,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was bought at an average cost of $10.06 per share, for a total transaction of $321,920.00. Following the completion of the transaction, the director now directly owns 51,865 shares of the company’s stock, valued at approximately $521,761.90. The disclosure for this purchase can be found here. Insiders purchased 80,212 shares of company stock worth $1,197,219 over the last three months. Corporate insiders own 1.16% of the company’s stock.

Two Harbors Investments Corp Company Profile

Two Harbors Investment Corp. is a real estate investment trust. The Company is focused on investing in, financing and managing residential mortgage-backed securities (RMBS), mortgage servicing rights (MSR), commercial real estate and other financial assets (collectively known as target assets). Its investment objective is to provide attractive risk-adjusted total return to its stockholders over the long-term, primarily through dividends and secondarily through capital appreciation.

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Institutional Ownership by Quarter for Two Harbors Investments Corp (NYSE:TWO)

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