Amundi Acquires 31,834 Shares of Two Harbors Investment Corp. (NYSE:TWO)

Amundi boosted its holdings in Two Harbors Investment Corp. (NYSE:TWO - Free Report) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 745,202 shares of the real estate investment trust's stock after buying an additional 31,834 shares during the quarter. Amundi owned 0.72% of Two Harbors Investment worth $8,406,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of TWO. KBC Group NV grew its holdings in shares of Two Harbors Investment by 86.5% in the 4th quarter. KBC Group NV now owns 6,635 shares of the real estate investment trust's stock worth $78,000 after acquiring an additional 3,077 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Two Harbors Investment by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 258,142 shares of the real estate investment trust's stock valued at $3,583,000 after purchasing an additional 3,391 shares during the period. McIlrath & Eck LLC purchased a new position in Two Harbors Investment in the 3rd quarter worth about $64,000. Handelsbanken Fonder AB raised its holdings in Two Harbors Investment by 15.7% during the 4th quarter. Handelsbanken Fonder AB now owns 36,049 shares of the real estate investment trust's stock worth $426,000 after buying an additional 4,900 shares during the period. Finally, Legacy Financial Strategies LLC lifted its stake in Two Harbors Investment by 42.0% during the fourth quarter. Legacy Financial Strategies LLC now owns 16,900 shares of the real estate investment trust's stock valued at $203,000 after buying an additional 5,000 shares in the last quarter. Institutional investors own 64.19% of the company's stock.

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Insider Transactions at Two Harbors Investment

In other news, insider Rebecca B. Sandberg sold 5,025 shares of the stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $11.21, for a total transaction of $56,330.25. Following the transaction, the insider now owns 156,163 shares of the company's stock, valued at approximately $1,750,587.23. This represents a 3.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CIO Nicholas Letica sold 3,956 shares of the business's stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $11.21, for a total value of $44,346.76. Following the completion of the sale, the executive now owns 180,712 shares of the company's stock, valued at approximately $2,025,781.52. This trade represents a 2.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,136 shares of company stock worth $377,154 in the last 90 days. 0.61% of the stock is owned by insiders.

Two Harbors Investment Stock Down 0.2 %

TWO traded down $0.03 during trading on Tuesday, reaching $13.84. 917,387 shares of the stock traded hands, compared to its average volume of 1,051,282. The stock's 50-day simple moving average is $12.86 and its two-hundred day simple moving average is $12.63. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.09 and a quick ratio of 1.07. Two Harbors Investment Corp. has a fifty-two week low of $10.84 and a fifty-two week high of $14.28. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 6.56 and a beta of 1.86.

Two Harbors Investment (NYSE:TWO - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.07). Two Harbors Investment had a net margin of 66.24% and a return on equity of 6.52%. As a group, equities research analysts expect that Two Harbors Investment Corp. will post 0.81 EPS for the current year.

Two Harbors Investment Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Friday, January 3rd were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 13.01%. The ex-dividend date of this dividend was Friday, January 3rd. Two Harbors Investment's dividend payout ratio is 85.31%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TWO. JPMorgan Chase & Co. boosted their price target on shares of Two Harbors Investment from $11.00 to $12.50 and gave the company a "neutral" rating in a report on Friday, January 31st. Royal Bank of Canada boosted their target price on shares of Two Harbors Investment from $12.00 to $13.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th. JMP Securities restated a "market outperform" rating and issued a $14.00 target price on shares of Two Harbors Investment in a report on Thursday, January 23rd. Compass Point lowered their price target on Two Harbors Investment from $15.75 to $14.75 and set a "buy" rating on the stock in a report on Monday, November 25th. Finally, StockNews.com raised Two Harbors Investment from a "sell" rating to a "hold" rating in a research note on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $13.96.

Two Harbors Investment Company 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.