Two Harbors Investment Corp. (NYSE:TWO) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in Two Harbors Investment Corp. (NYSE:TWO) by 3.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,542,458 shares of the real estate investment trust’s stock after purchasing an additional 57,915 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.49% of Two Harbors Investment worth $18,247,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. KBC Group NV increased its holdings in shares of Two Harbors Investment by 86.5% in the fourth quarter. KBC Group NV now owns 6,635 shares of the real estate investment trust’s stock valued at $78,000 after buying an additional 3,077 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Two Harbors Investment by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 258,142 shares of the real estate investment trust’s stock valued at $3,583,000 after buying an additional 3,391 shares in the last quarter. McIlrath & Eck LLC bought a new position in shares of Two Harbors Investment in the third quarter valued at $64,000. Handelsbanken Fonder AB increased its holdings in shares of Two Harbors Investment by 15.7% in the fourth quarter. Handelsbanken Fonder AB now owns 36,049 shares of the real estate investment trust’s stock valued at $426,000 after buying an additional 4,900 shares in the last quarter. Finally, Legacy Financial Strategies LLC increased its holdings in shares of Two Harbors Investment by 42.0% in 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. 64.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Two Harbors Investment Stock Up 0.5 %

TWO stock opened at $13.88 on Thursday. 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 52-week low of $10.84 and a 52-week high of $14.28. The company has a 50-day moving average of $12.96 and a two-hundred day moving average of $12.64. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 6.58 and a beta of 1.86.

Two Harbors Investment (NYSE:TWO) last released its quarterly earnings results on Wednesday, January 29th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 anticipate that Two Harbors Investment Corp. will post 0.81 EPS for the current year.

Insider Activity at Two Harbors Investment

In related news, insider Rebecca B. Sandberg sold 2,561 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $12.96, for a total value of $33,190.56. Following the completion of the transaction, the insider now owns 146,803 shares of the company’s stock, valued at $1,902,566.88. This represents a 1.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CIO Nicholas Letica sold 3,956 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 $44,346.76. Following the completion of the transaction, the executive now directly owns 180,712 shares of the company’s stock, valued at $2,025,781.52. This trade represents a 2.14 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,136 shares of company stock worth $377,154. Company insiders own 0.61% of the company’s stock.

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.