Yorktown Management & Research Co Inc boosted its position in shares of Two Harbors Investments Corp (NYSE:TWO) by 66.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,500,000 shares of the real estate investment trust’s stock after purchasing an additional 600,000 shares during the period. Two Harbors Investments Corp makes up 4.7% of Yorktown Management & Research Co Inc’s holdings, making the stock its 3rd biggest holding. Yorktown Management & Research Co Inc owned 0.43% of Two Harbors Investments Corp worth $14,865,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of TWO. Suntrust Banks Inc. raised its stake in Two Harbors Investments Corp by 6.6% during the first quarter. Suntrust Banks Inc. now owns 56,751 shares of the real estate investment trust’s stock worth $543,000 after purchasing an additional 3,526 shares during the period. BNP Paribas Arbitrage SA raised its stake in Two Harbors Investments Corp by 1,289.0% during the first quarter. BNP Paribas Arbitrage SA now owns 374,139 shares of the real estate investment trust’s stock worth $3,588,000 after purchasing an additional 347,204 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Two Harbors Investments Corp by 61.9% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,264 shares of the real estate investment trust’s stock worth $137,000 after purchasing an additional 5,456 shares during the period. World Asset Management Inc raised its stake in Two Harbors Investments Corp by 0.7% during the first quarter. World Asset Management Inc now owns 12,407 shares of the real estate investment trust’s stock worth $119,000 after purchasing an additional 83 shares during the period. Finally, UBS Asset Management Americas Inc. raised its stake in Two Harbors Investments Corp by 19.5% during the first quarter. UBS Asset Management Americas Inc. now owns 281,923 shares of the real estate investment trust’s stock worth $2,704,000 after purchasing an additional 45,977 shares during the period. 70.22% of the stock is currently owned by institutional investors.

TWO has been the topic of a number of analyst reports. Maxim Group reaffirmed a “buy” rating and set a $10.25 target price on shares of Two Harbors Investments Corp in a research note on Wednesday, June 7th. Credit Suisse Group initiated coverage on shares of Two Harbors Investments Corp in a research note on Wednesday, July 5th. They set an “outperform” rating and a $10.50 target price on the stock. Zacks Investment Research downgraded shares of Two Harbors Investments Corp from a “buy” rating to a “hold” rating in a research note on Tuesday, May 30th. Finally, BidaskClub downgraded shares of Two Harbors Investments Corp from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. Three investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Two Harbors Investments Corp presently has an average rating of “Buy” and a consensus target price of $9.95.

Two Harbors Investments Corp (NYSE:TWO) traded up 0.40% during midday trading on Friday, hitting $10.08. 937,811 shares of the stock were exchanged. The stock has a market cap of $3.52 billion, a price-to-earnings ratio of 6.58 and a beta of 0.59. The firm has a 50 day moving average of $10.03 and a 200-day moving average of $9.89. Two Harbors Investments Corp has a 12-month low of $7.91 and a 12-month high of $10.54.

Two Harbors Investments Corp (NYSE:TWO) last posted its quarterly earnings results on Monday, August 7th. The real estate investment trust reported $0.28 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.02. Two Harbors Investments Corp had a net margin of 72.15% and a return on equity of 10.26%. The firm had revenue of $117.79 million for the quarter, compared to analyst estimates of $123.04 million. During the same quarter last year, the firm posted $0.22 earnings per share. Two Harbors Investments Corp’s revenue for the quarter was up 16.8% compared to the same quarter last year. On average, equities analysts expect that Two Harbors Investments Corp will post $1.07 earnings per share for the current year.

In other Two Harbors Investments Corp news, CEO Thomas Siering purchased 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The shares were purchased at an average price of $10.14 per share, for a total transaction of $50,700.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Brian Taylor purchased 32,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was acquired at an average price of $10.06 per share, for a total transaction of $321,920.00. Following the acquisition, the director now directly owns 51,865 shares of the company’s stock, valued at approximately $521,761.90. The disclosure for this purchase can be found here. Insiders purchased 80,212 shares of company stock worth $1,197,219 in the last 90 days. 1.16% of the stock is currently owned by insiders.

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Two Harbors Investments Corp Company Profile

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.

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

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