Two Harbors Investment Corp (NYSE:TWO) CEO Thomas Siering acquired 3,000 shares of the stock in a transaction on Monday, February 12th. The stock was bought at an average cost of $14.85 per share, for a total transaction of $44,550.00. Following the transaction, the chief executive officer now owns 898,683 shares of the company’s stock, valued at approximately $13,345,442.55. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

Two Harbors Investment Corp (NYSE TWO) opened at $15.09 on Wednesday. The firm has a market cap of $2,617.45, a PE ratio of 7.21 and a beta of 0.36. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.33 and a quick ratio of 1.33. Two Harbors Investment Corp has a 12 month low of $13.85 and a 12 month high of $17.29.

Two Harbors Investment (NYSE:TWO) last posted its earnings results on Tuesday, February 6th. The real estate investment trust reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. The firm had revenue of $100.31 million during the quarter, compared to the consensus estimate of $112.40 million. Two Harbors Investment had a net margin of 41.26% and a return on equity of 10.06%. During the same quarter last year, the company earned $0.24 earnings per share. equities research analysts expect that Two Harbors Investment Corp will post 1.87 EPS for the current fiscal year.

Several analysts have commented on the stock. B. Riley reaffirmed a “neutral” rating on shares of Two Harbors Investment in a research report on Wednesday, November 1st. Zacks Investment Research upgraded shares of Two Harbors Investment from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research note on Saturday, January 20th. Barclays lifted their target price on shares of Two Harbors Investment from $10.00 to $17.00 and gave the stock an “overweight” rating in a research note on Thursday, November 9th. Maxim Group reiterated a “buy” rating and issued a $17.00 target price (down previously from $20.50) on shares of Two Harbors Investment in a research note on Thursday, November 9th. Finally, ValuEngine downgraded shares of Two Harbors Investment from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 9th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $18.00.

Several institutional investors and hedge funds have recently bought and sold shares of the company. The Manufacturers Life Insurance Company increased its stake in shares of Two Harbors Investment by 6.4% in the second quarter. The Manufacturers Life Insurance Company now owns 11,974 shares of the real estate investment trust’s stock worth $119,000 after purchasing an additional 718 shares in the last quarter. Cipher Capital LP grew its stake in Two Harbors Investment by 3.7% during the third quarter. Cipher Capital LP now owns 92,351 shares of the real estate investment trust’s stock valued at $931,000 after acquiring an additional 3,309 shares in the last quarter. Profund Advisors LLC grew its stake in Two Harbors Investment by 26.2% during the second quarter. Profund Advisors LLC now owns 17,236 shares of the real estate investment trust’s stock valued at $171,000 after acquiring an additional 3,583 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in Two Harbors Investment by 3.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 136,637 shares of the real estate investment trust’s stock valued at $1,354,000 after acquiring an additional 3,957 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in Two Harbors Investment by 49.7% during the second quarter. HighTower Advisors LLC now owns 16,435 shares of the real estate investment trust’s stock valued at $164,000 after acquiring an additional 5,454 shares in the last quarter.

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About Two Harbors Investment

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.

Insider Buying and Selling by Quarter for Two Harbors Investment (NYSE:TWO)

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