Two Harbors Investment Corp. (NYSE:TWO) Shares Acquired by Barclays PLC

Barclays PLC boosted its stake in shares of Two Harbors Investment Corp. (NYSE:TWO - Free Report) by 346.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 172,557 shares of the real estate investment trust's stock after buying an additional 133,869 shares during the quarter. Barclays PLC owned 0.17% of Two Harbors Investment worth $2,395,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System increased its stake in Two Harbors Investment by 2.0% in the 2nd quarter. Louisiana State Employees Retirement System now owns 52,100 shares of the real estate investment trust's stock valued at $688,000 after purchasing an additional 1,000 shares in the last quarter. QRG Capital Management Inc. raised its stake in shares of Two Harbors Investment by 11.3% during the 3rd quarter. QRG Capital Management Inc. now owns 12,100 shares of the real estate investment trust's stock worth $168,000 after buying an additional 1,230 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Two Harbors Investment by 1,680.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,225 shares of the real estate investment trust's stock worth $29,000 after buying an additional 2,100 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Two Harbors Investment by 4.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 51,242 shares of the real estate investment trust's stock worth $677,000 after buying an additional 2,241 shares in the last quarter. Finally, Arizona State Retirement System increased its holdings in Two Harbors Investment by 9.5% during the 2nd quarter. Arizona State Retirement System now owns 28,954 shares of the real estate investment trust's stock valued at $382,000 after acquiring an additional 2,519 shares in the last quarter. 64.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. StockNews.com upgraded shares of Two Harbors Investment to a "sell" rating in a research report on Thursday, December 12th. Compass Point dropped their price target on Two Harbors Investment from $15.75 to $14.75 and set a "buy" rating for the company in a research report on Monday, November 25th. JPMorgan Chase & Co. reduced their price objective on Two Harbors Investment from $13.50 to $11.50 and set a "neutral" rating on the stock in a research report on Wednesday, October 30th. JMP Securities cut their target price on shares of Two Harbors Investment from $15.00 to $14.50 and set a "market outperform" rating for the company in a research note on Thursday, October 17th. Finally, Royal Bank of Canada cut their price objective on shares of Two Harbors Investment from $14.00 to $12.00 and set a "sector perform" rating for the company in a research report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $13.71.

Two Harbors Investment Trading Down 0.3 %

Shares of TWO traded down $0.04 during mid-day trading on Thursday, reaching $11.80. The company had a trading volume of 794,702 shares, compared to its average volume of 1,120,337. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of -2.45 and a beta of 1.85. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.80. The firm has a fifty day simple moving average of $11.92 and a 200-day simple moving average of $12.92. Two Harbors Investment Corp. has a fifty-two week low of $11.28 and a fifty-two week high of $14.31.

Two Harbors Investment (NYSE:TWO - Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.13 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.22). Two Harbors Investment had a positive return on equity of 4.45% and a negative net margin of 87.84%. The firm had revenue of $112.64 million for the quarter. During the same period in the previous year, the company earned ($0.01) EPS. On average, sell-side analysts anticipate that Two Harbors Investment Corp. will post 0.47 EPS for the current fiscal year.

Two Harbors Investment Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Friday, January 3rd will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Friday, January 3rd. This represents a $1.80 annualized dividend and a dividend yield of 15.25%. Two Harbors Investment's payout ratio is -37.34%.

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.