Lakeview Capital Partners LLC boosted its position in shares of Two Harbors Investments Corp (NYSE:TWO) by 10.8% during the second quarter, Holdings Channel reports. The institutional investor owned 16,060 shares of the real estate investment trust’s stock after buying an additional 1,560 shares during the period. Lakeview Capital Partners LLC’s holdings in Two Harbors Investments Corp were worth $159,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. BNP Paribas Arbitrage SA boosted its stake in Two Harbors Investments Corp by 1,289.0% in the first quarter. BNP Paribas Arbitrage SA now owns 374,139 shares of the real estate investment trust’s stock valued at $3,588,000 after buying an additional 347,204 shares during the period. Stevens Capital Management LP bought a new stake in Two Harbors Investments Corp during the first quarter valued at approximately $162,000. Oppenheimer & Co. Inc. bought a new stake in Two Harbors Investments Corp during the first quarter valued at approximately $120,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Two Harbors Investments Corp by 61.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,264 shares of the real estate investment trust’s stock valued at $137,000 after buying an additional 5,456 shares during the period. Finally, Chicago Equity Partners LLC bought a new stake in Two Harbors Investments Corp during the first quarter valued at approximately $2,300,000. Institutional investors own 71.02% of the company’s stock.

Two Harbors Investments Corp (NYSE TWO) opened at 9.93 on Wednesday. Two Harbors Investments Corp has a 52-week low of $7.91 and a 52-week high of $10.54. The firm has a 50-day moving average price of $9.97 and a 200 day moving average price of $9.65. The stock has a market cap of $3.46 billion, a PE ratio of 6.74 and a beta of 0.59.

Two Harbors Investments Corp (NYSE:TWO) last announced its 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 firm had revenue of $117.79 million for the quarter, compared to the consensus estimate of $123.04 million. Two Harbors Investments Corp had a return on equity of 10.41% and a net margin of 72.15%. The firm’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.22 EPS. Equities analysts anticipate that Two Harbors Investments Corp will post $1.06 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 27th. Shareholders of record on Friday, June 30th were paid a dividend of $0.26 per share. The ex-dividend date was Wednesday, June 28th. This represents a $1.04 annualized dividend and a yield of 10.47%. This is an increase from Two Harbors Investments Corp’s previous quarterly dividend of $0.25. Two Harbors Investments Corp’s payout ratio is presently 72.73%.

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TWO has been the subject of several analyst reports. Maxim Group restated a “buy” rating and set a $10.25 price target on shares of Two Harbors Investments Corp in a research note on Wednesday, June 7th. Zacks Investment Research upgraded Two Harbors Investments Corp from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a research note on Thursday, July 20th. BidaskClub cut Two Harbors Investments Corp from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. Wells Fargo & Company cut Two Harbors Investments Corp from an “outperform” rating to a “market perform” rating and set a $9.50 price target for the company. in a research note on Tuesday, April 11th. They noted that the move was a valuation call. Finally, Credit Suisse Group initiated coverage on Two Harbors Investments Corp in a research note on Wednesday, July 5th. They set an “outperform” rating and a $10.50 price target for the company. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $10.05.

In other news, CFO Brad Farrell sold 19,663 shares of the business’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $9.86, for a total value of $193,877.18. Following the sale, the chief financial officer now owns 410,727 shares of the company’s stock, valued at approximately $4,049,768.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Rebecca B. Sandberg sold 5,566 shares of the business’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $9.85, for a total value of $54,825.10. Following the completion of the sale, the general counsel now directly owns 179,466 shares in the company, valued at approximately $1,767,740.10. The disclosure for this sale can be found here. 1.16% of the stock is owned by insiders.

About Two Harbors Investments Corp

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.

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Institutional Ownership by Quarter for Two Harbors Investments Corp (NYSE:TWO)

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