Golden State Equity Partners Acquires 1,766 Shares of Two Harbors Investment Corp. (NYSE:TWO)

Golden State Equity Partners increased its holdings in shares of Two Harbors Investment Corp. (NYSE:TWO) by 2.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 78,190 shares of the real estate investment trust’s stock after purchasing an additional 1,766 shares during the period. Golden State Equity Partners’ holdings in Two Harbors Investment were worth $1,089,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its position in Two Harbors Investment by 1.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 5,150,572 shares of the real estate investment trust’s stock worth $71,747,000 after acquiring an additional 56,470 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Two Harbors Investment by 1.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,227,050 shares of the real estate investment trust’s stock worth $29,486,000 after acquiring an additional 26,801 shares during the last quarter. Vaughan Nelson Investment Management L.P. lifted its position in Two Harbors Investment by 2.4% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 1,321,220 shares of the real estate investment trust’s stock worth $17,492,000 after acquiring an additional 31,065 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Two Harbors Investment by 8.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,236,922 shares of the real estate investment trust’s stock worth $16,377,000 after acquiring an additional 96,057 shares during the last quarter. Finally, Wolverine Asset Management LLC lifted its position in Two Harbors Investment by 83.2% during the third quarter. Wolverine Asset Management LLC now owns 770,911 shares of the real estate investment trust’s stock worth $10,207,000 after acquiring an additional 350,060 shares during the last quarter. Institutional investors own 64.19% of the company’s stock.

Two Harbors Investment Trading Up 1.4 %

TWO traded up $0.17 during trading on Friday, hitting $12.53. 694,442 shares of the stock traded hands, compared to its average volume of 1,028,658. Two Harbors Investment Corp. has a twelve month low of $9.83 and a twelve month high of $14.59. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 1.00. The business has a 50 day moving average price of $12.63 and a 200 day moving average price of $12.94.

Two Harbors Investment Dividend Announcement

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

Insiders Place Their Bets

In other Two Harbors Investment news, CEO William Ross Greenberg sold 7,170 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $12.30, for a total transaction of $88,191.00. Following the sale, the chief executive officer now owns 264,079 shares of the company’s stock, valued at $3,248,171.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Rebecca B. Sandberg sold 2,360 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $12.30, for a total value of $29,028.00. Following the sale, the insider now owns 117,399 shares of the company’s stock, valued at $1,444,007.70. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO William Ross Greenberg sold 7,170 shares of the business’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $12.30, for a total transaction of $88,191.00. Following the completion of the sale, the chief executive officer now directly owns 264,079 shares in the company, valued at approximately $3,248,171.70. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,752 shares of company stock valued at $169,150. 0.61% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

TWO has been the subject of a number of analyst reports. 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 reiterated a “market outperform” rating and issued a $15.00 price target on shares of Two Harbors Investment in a research report on Thursday, April 18th. TheStreet downgraded shares of Two Harbors Investment from a “c-” rating to a “d” rating in a research report on Tuesday, January 30th. Jonestrading initiated coverage on shares of Two Harbors Investment in a research report on Friday, March 22nd. They issued a “hold” rating for the company. Finally, JPMorgan Chase & Co. dropped their price target on shares of Two Harbors Investment from $13.50 to $12.50 and set a “neutral” rating for the company in a research report on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $14.50.

Two Harbors Investment Profile

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.