Two Harbors Investment Corp. (NYSE:TWO) Shares Bought by Golden State Equity Partners

Golden State Equity Partners boosted its holdings in shares of Two Harbors Investment Corp. (NYSE:TWO) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 78,190 shares of the real estate investment trust’s stock after buying an additional 1,766 shares during the quarter. Golden State Equity Partners owned 0.08% of Two Harbors Investment worth $1,089,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in TWO. Graham Capital Management L.P. grew its position in shares of Two Harbors Investment by 107.1% in the 3rd quarter. Graham Capital Management L.P. now owns 26,617 shares of the real estate investment trust’s stock valued at $352,000 after buying an additional 400,117 shares during the last quarter. Wolverine Asset Management LLC grew its position in shares of Two Harbors Investment by 83.2% in the 3rd quarter. Wolverine Asset Management LLC now owns 770,911 shares of the real estate investment trust’s stock valued at $10,207,000 after buying an additional 350,060 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of Two Harbors Investment by 1,208.2% in the 4th quarter. International Assets Investment Management LLC now owns 175,851 shares of the real estate investment trust’s stock valued at $2,450,000 after buying an additional 162,409 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Two Harbors Investment by 8.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,236,922 shares of the real estate investment trust’s stock valued at $16,377,000 after buying an additional 96,057 shares during the last quarter. Finally, Algert Global LLC grew its position in shares of Two Harbors Investment by 151.8% in the 3rd quarter. Algert Global LLC now owns 107,978 shares of the real estate investment trust’s stock valued at $1,430,000 after buying an additional 65,100 shares during the last quarter. 64.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Two Harbors Investment

In other news, CFO Mary Kathryn Riskey sold 2,150 shares of the company’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 transaction, the chief financial officer now owns 83,605 shares in the company, valued at $1,028,341.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Rebecca B. Sandberg sold 2,360 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 $29,028.00. Following the completion of the transaction, the insider now owns 117,399 shares in the company, valued at approximately $1,444,007.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, 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 transaction, the chief financial officer now 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. Over the last quarter, insiders sold 13,752 shares of company stock worth $169,150. Insiders own 0.61% of the company’s stock.

Two Harbors Investment Stock Up 1.4 %

Shares of NYSE:TWO traded up $0.17 on Friday, reaching $12.53. 694,442 shares of the company’s stock were exchanged, compared to its average volume of 1,028,658. Two Harbors Investment Corp. has a fifty-two week low of $9.83 and a fifty-two week high of $14.59. The business’s 50-day moving average is $12.63 and its two-hundred day moving average is $12.94. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 1.00.

Two Harbors Investment Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, April 4th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, April 3rd. This represents a $1.80 annualized dividend and a dividend yield of 14.37%. Two Harbors Investment’s dividend payout ratio is currently -90.00%.

Analyst Upgrades and Downgrades

TWO has been the topic of several research reports. JPMorgan Chase & Co. lowered their price objective on shares of Two Harbors Investment from $13.50 to $12.50 and set a “neutral” rating on the stock in a research report on Wednesday, April 10th. TheStreet downgraded shares of Two Harbors Investment from a “c-” rating to a “d” rating in a research report on Tuesday, January 30th. StockNews.com downgraded shares of Two Harbors Investment from a “hold” rating to a “sell” rating in a research report on Wednesday, January 31st. JMP Securities reissued a “market outperform” rating and set a $15.00 price objective on shares of Two Harbors Investment in a research report on Thursday, April 18th. Finally, Jonestrading started coverage on shares of Two Harbors Investment in a report on Friday, March 22nd. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $14.50.

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.