Two Harbors Investments Corp (NYSE:TWO) major shareholder Two Harbors Investment Corp. bought 25,000 shares of Two Harbors Investments Corp stock in a transaction on Friday, October 20th. The shares were bought at an average cost of $18.50 per share, with a total value of $462,500.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Two Harbors Investment Corp. also recently made the following trade(s):

  • On Wednesday, October 18th, Two Harbors Investment Corp. bought 25,000 shares of Two Harbors Investments Corp stock. The shares were bought at an average cost of $18.81 per share, with a total value of $470,250.00.
  • On Tuesday, October 17th, Two Harbors Investment Corp. bought 4,741 shares of Two Harbors Investments Corp stock. The shares were bought at an average cost of $18.96 per share, with a total value of $89,889.36.
  • On Monday, October 16th, Two Harbors Investment Corp. acquired 4,597 shares of Two Harbors Investments Corp stock. The shares were acquired at an average cost of $18.96 per share, with a total value of $87,159.12.
  • On Friday, October 13th, Two Harbors Investment Corp. acquired 3,472 shares of Two Harbors Investments Corp stock. The shares were acquired at an average cost of $18.96 per share, with a total value of $65,829.12.
  • On Thursday, October 12th, Two Harbors Investment Corp. acquired 14,427 shares of Two Harbors Investments Corp stock. The shares were acquired at an average cost of $18.94 per share, with a total value of $273,247.38.
  • On Wednesday, October 11th, Two Harbors Investment Corp. acquired 10,290 shares of Two Harbors Investments Corp stock. The shares were acquired at an average cost of $18.95 per share, with a total value of $194,995.50.
  • On Wednesday, September 27th, Two Harbors Investment Corp. acquired 5,210 shares of Two Harbors Investments Corp stock. The shares were acquired at an average cost of $18.95 per share, with a total value of $98,729.50.
  • On Tuesday, September 26th, Two Harbors Investment Corp. acquired 2,395 shares of Two Harbors Investments Corp stock. The shares were acquired at an average cost of $18.95 per share, with a total value of $45,385.25.
  • On Monday, September 25th, Two Harbors Investment Corp. acquired 357 shares of Two Harbors Investments Corp stock. The shares were acquired at an average cost of $18.96 per share, with a total value of $6,768.72.
  • On Friday, September 22nd, Two Harbors Investment Corp. acquired 100 shares of Two Harbors Investments Corp stock. The shares were acquired at an average cost of $18.96 per share, with a total value of $1,896.00.

Shares of Two Harbors Investments Corp (NYSE TWO) traded down 1.09% during mid-day trading on Monday, reaching $10.00. The company’s stock had a trading volume of 1,997,833 shares. Two Harbors Investments Corp has a 12-month low of $8.20 and a 12-month high of $10.54. The company’s 50-day moving average price is $10.11 and its 200-day moving average price is $10.01. The stock has a market capitalization of $3.49 billion, a P/E ratio of 6.52 and a beta of 0.58. Two Harbors Investments Corp shares are going to reverse split before the market opens on Thursday, November 2nd. The 1-2 reverse split was announced on Thursday, September 14th. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, November 1st.

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 for the quarter, beating the consensus estimate of $0.26 by $0.02. The business had revenue of $117.79 million during the quarter, compared to analysts’ expectations of $123.04 million. Two Harbors Investments Corp had a return on equity of 10.26% and a net margin of 72.15%. The firm’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.22 EPS. On average, equities research analysts forecast that Two Harbors Investments Corp will post $1.07 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 10.40%. The ex-dividend date of this dividend is Thursday, September 28th. Two Harbors Investments Corp’s dividend payout ratio is presently 72.73%.

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Several brokerages have recently commented on TWO. Zacks Investment Research lowered Two Harbors Investments Corp from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Credit Suisse Group reissued a “buy” rating and set a $10.00 price objective on shares of Two Harbors Investments Corp in a report on Thursday, August 10th. Maxim Group reissued a “buy” rating and set a $10.25 price objective on shares of Two Harbors Investments Corp in a report on Tuesday, August 8th. Finally, BidaskClub raised Two Harbors Investments Corp from a “buy” rating to a “strong-buy” rating in a report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $9.95.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Martingale Asset Management L P grew its holdings in Two Harbors Investments Corp by 8,595.4% during the 2nd quarter. Martingale Asset Management L P now owns 1,870,116 shares of the real estate investment trust’s stock valued at $18,534,000 after buying an additional 1,848,609 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Two Harbors Investments Corp by 5,046.7% during the 2nd quarter. Principal Financial Group Inc. now owns 3,179,844 shares of the real estate investment trust’s stock valued at $31,512,000 after buying an additional 3,118,060 shares in the last quarter. Crawford Investment Counsel Inc. grew its holdings in Two Harbors Investments Corp by 6.0% during the 2nd quarter. Crawford Investment Counsel Inc. now owns 218,700 shares of the real estate investment trust’s stock valued at $2,167,000 after buying an additional 12,390 shares in the last quarter. Artemis Investment Management LLP purchased a new position in Two Harbors Investments Corp during the 2nd quarter valued at approximately $11,869,000. Finally, Chicago Equity Partners LLC grew its holdings in Two Harbors Investments Corp by 122.9% during the 2nd quarter. Chicago Equity Partners LLC now owns 534,735 shares of the real estate investment trust’s stock valued at $5,299,000 after buying an additional 294,855 shares in the last quarter. Institutional investors and hedge funds own 70.21% 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.

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

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