Simplify Asset Management Inc. Has $130,000 Position in Two Harbors Investment Corp. (NYSE:TWO)

Simplify Asset Management Inc. raised its stake in shares of Two Harbors Investment Corp. (NYSE:TWO) by 10.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,000 shares of the real estate investment trust’s stock after purchasing an additional 1,000 shares during the period. Simplify Asset Management Inc.’s holdings in Two Harbors Investment were worth $130,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC grew its stake in Two Harbors Investment by 1.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 5,350,945 shares of the real estate investment trust’s stock valued at $64,158,000 after buying an additional 69,725 shares during the last quarter. State Street Corp grew its position in shares of Two Harbors Investment by 2.7% in the third quarter. State Street Corp now owns 3,877,111 shares of the real estate investment trust’s stock valued at $53,814,000 after purchasing an additional 102,294 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Two Harbors Investment by 2.0% in the third quarter. Geode Capital Management LLC now owns 2,440,820 shares of the real estate investment trust’s stock valued at $33,885,000 after purchasing an additional 48,264 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Two Harbors Investment by 3.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,542,458 shares of the real estate investment trust’s stock worth $18,247,000 after purchasing an additional 57,915 shares during the last quarter. Finally, Van ECK Associates Corp boosted its stake in Two Harbors Investment by 20.2% during the 4th quarter. Van ECK Associates Corp now owns 893,014 shares of the real estate investment trust’s stock valued at $10,564,000 after purchasing an additional 149,870 shares during the period. Institutional investors own 64.19% of the company’s stock.

Insider Buying and Selling at Two Harbors Investment

In other news, insider Rebecca B. Sandberg sold 3,785 shares of the stock in a transaction on Friday, January 10th. The stock was sold at an average price of $11.14, for a total transaction of $42,164.90. Following the sale, the insider now owns 152,378 shares in the company, valued at approximately $1,697,490.92. This represents a 2.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CIO Nicholas Letica sold 3,956 shares of the company’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 transaction of $44,346.76. Following the transaction, the executive now owns 180,712 shares in the company, valued at $2,025,781.52. The trade was a 2.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 33,136 shares of company stock valued at $377,154. 0.61% of the stock is currently owned by company insiders.

Two Harbors Investment Price Performance

Shares of Two Harbors Investment stock opened at $13.68 on Friday. The firm has a market cap of $1.42 billion, a P/E ratio of 6.48 and a beta of 1.86. The firm’s 50-day simple moving average is $13.06 and its 200-day simple moving average is $12.63. Two Harbors Investment Corp. has a twelve month low of $10.84 and a twelve month high of $14.28. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.07 and a current ratio of 1.09.

Two Harbors Investment (NYSE:TWO) last released its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.20 earnings per share 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, research analysts expect that Two Harbors Investment Corp. will post 0.81 EPS for the current fiscal year.

Two Harbors Investment Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Friday, April 4th will be paid a dividend of $0.45 per share. The ex-dividend date is Friday, April 4th. This represents a $1.80 annualized dividend and a yield of 13.16%. Two Harbors Investment’s dividend payout ratio is currently 85.31%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. JMP Securities reiterated a “market outperform” rating and set a $14.00 price target on shares of Two Harbors Investment in a report on Thursday, January 23rd. StockNews.com upgraded shares of Two Harbors Investment from a “sell” rating to a “hold” rating in a research note on Wednesday, February 5th. Royal Bank of Canada raised 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 report on Thursday, February 13th. JPMorgan Chase & Co. upped their price objective on shares of Two Harbors Investment from $11.00 to $12.50 and gave the company a “neutral” rating in a research report on Friday, January 31st. Finally, Compass Point decreased their target price on Two Harbors Investment from $15.75 to $14.75 and set a “buy” rating on the stock in a research report on Monday, November 25th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $13.96.

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.