Quadrant Capital Group LLC Has $59,000 Holdings in Two Harbors Investment Corp. (NYSE:TWO)

Quadrant Capital Group LLC decreased its stake in shares of Two Harbors Investment Corp. (NYSE:TWO) by 17.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,226 shares of the real estate investment trust’s stock after selling 886 shares during the period. Quadrant Capital Group LLC’s holdings in Two Harbors Investment were worth $59,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in TWO. Massachusetts Financial Services Co. MA grew its stake in Two Harbors Investment by 0.5% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,238,329 shares of the real estate investment trust’s stock valued at $31,180,000 after buying an additional 11,279 shares during the last quarter. Montag A & Associates Inc. increased its stake in shares of Two Harbors Investment by 238.4% in the fourth quarter. Montag A & Associates Inc. now owns 5,239 shares of the real estate investment trust’s stock worth $73,000 after purchasing an additional 3,691 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Two Harbors Investment by 2.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,268,379 shares of the real estate investment trust’s stock worth $17,669,000 after purchasing an additional 31,457 shares during the last quarter. Private Advisor Group LLC bought a new stake in Two Harbors Investment during the 4th quarter valued at approximately $197,000. Finally, Triumph Capital Management grew its holdings in Two Harbors Investment by 4.3% in the 4th quarter. Triumph Capital Management now owns 21,795 shares of the real estate investment trust’s stock valued at $304,000 after buying an additional 896 shares during the last quarter. 64.19% of the stock is owned by institutional investors.

Insider Transactions at Two Harbors Investment

In related news, CEO William Ross Greenberg sold 8,170 shares of Two Harbors Investment stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $12.68, for a total transaction of $103,595.60. Following the completion of the transaction, the chief executive officer now directly owns 255,909 shares of the company’s stock, valued at approximately $3,244,926.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Mary Kathryn Riskey sold 3,870 shares of the firm’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $12.68, for a total value of $49,071.60. Following the completion of the sale, the chief financial officer now directly owns 79,735 shares in the company, valued at $1,011,039.80. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO William Ross Greenberg sold 8,170 shares of the company’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $12.68, for a total transaction of $103,595.60. Following the transaction, the chief executive officer now owns 255,909 shares in the company, valued at approximately $3,244,926.12. The disclosure for this sale can be found here. In the last quarter, insiders have sold 29,335 shares of company stock valued at $376,316. 0.61% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. JMP Securities restated a “market outperform” rating and issued a $15.00 price objective on shares of Two Harbors Investment in a research note on Thursday, April 18th. StockNews.com raised shares of Two Harbors Investment from a “sell” rating to a “hold” rating in a research report on Wednesday, May 1st. TheStreet downgraded Two Harbors Investment from a “c-” rating to a “d” rating in a research report on Tuesday, January 30th. JPMorgan Chase & Co. cut their price target on Two Harbors Investment from $13.50 to $12.50 and set a “neutral” rating for the company in a report on Wednesday, April 10th. Finally, Jonestrading initiated coverage on Two Harbors Investment in a report on Friday, March 22nd. They set a “hold” rating on the stock. Eight equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $14.57.

Two Harbors Investment Price Performance

Shares of TWO stock opened at $12.57 on Monday. The stock’s fifty day simple moving average is $12.65 and its 200 day simple moving average is $13.12. Two Harbors Investment Corp. has a one year low of $9.83 and a one year high of $14.59. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 7.06 and a beta of 1.85. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.09 and a quick ratio of 1.09.

Two Harbors Investment Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 29th. Stockholders of record on Thursday, April 4th were paid a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, April 3rd. This represents a $1.80 annualized dividend and a dividend yield of 14.32%. Two Harbors Investment’s dividend payout ratio is presently 101.12%.

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.