Two Harbors Investments (NYSE:TWO) CAO Sells $21,364.00 in Stock

Two Harbors Investments Corp (NYSE:TWO) CAO Jillian Halm sold 1,744 shares of Two Harbors Investments stock in a transaction on Monday, January 12th. The stock was sold at an average price of $12.25, for a total transaction of $21,364.00. Following the completion of the transaction, the chief accounting officer owned 19,212 shares in the company, valued at approximately $235,347. The trade was a 8.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Two Harbors Investments Stock Performance

NYSE TWO opened at $12.62 on Thursday. The company has a 50-day simple moving average of $10.41 and a two-hundred day simple moving average of $10.14. Two Harbors Investments Corp has a 12-month low of $9.30 and a 12-month high of $14.28. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of -5.05 and a beta of 1.19. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.13.

Two Harbors Investments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 29th. Investors of record on Monday, January 5th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 10.8%. The ex-dividend date is Monday, January 5th. Two Harbors Investments’s dividend payout ratio (DPR) is presently -54.40%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Two Harbors Investments in the 3rd quarter worth about $25,000. Quarry LP lifted its holdings in Two Harbors Investments by 695.6% in the third quarter. Quarry LP now owns 3,421 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 2,991 shares during the period. AlphaQuest LLC boosted its position in Two Harbors Investments by 240.4% during the 2nd quarter. AlphaQuest LLC now owns 3,370 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 2,380 shares in the last quarter. Advisory Services Network LLC bought a new stake in Two Harbors Investments during the 3rd quarter valued at approximately $42,000. Finally, CWM LLC grew its holdings in shares of Two Harbors Investments by 456.0% during the 3rd quarter. CWM LLC now owns 5,465 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 4,482 shares during the period. 64.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TWO has been the subject of a number of analyst reports. Maxim Group lowered Two Harbors Investments from a “buy” rating to a “hold” rating in a research note on Thursday, December 18th. Wall Street Zen raised shares of Two Harbors Investments from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Zacks Research lowered shares of Two Harbors Investments from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. JPMorgan Chase & Co. upped their price objective on shares of Two Harbors Investments from $9.50 to $10.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Two Harbors Investments in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Two Harbors Investments has an average rating of “Hold” and a consensus price target of $11.96.

Two Harbors Investments Company Profile

Two Harbors Investments Corp. is a mortgage real estate investment trust (mREIT) that primarily invests in residential mortgage-backed securities (RMBS) issued or guaranteed by government-sponsored enterprises, as well as non-agency residential mortgage loans, mortgage servicing rights and credit risk transfer securities. The company seeks to generate attractive risk-adjusted returns for its shareholders by employing leverage to enhance net interest income derived from its portfolio of high-quality fixed-income assets.

Headquartered in Minneapolis, Minnesota, Two Harbors operates through a self-managed platform that combines portfolio management, risk-management and securitization expertise.