Two Harbors Investment Corporation (NYSE:TWO) analysts have been given an average recommendation of “Hold”

Shares of Two Harbors Investment Corporation (NYSE:TWO – Get Rating ) have received a consensus recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $5.65.

Several equities research analysts recently commented on the stock. JMP Securities restated a “buy” rating and issued a $5.50 price objective on shares of Two Harbors Investments in a research report on Wednesday, July 6th. StockNews.com upgraded shares of Two Harbors Investments from a “sell” rating to a “hold” rating in a research report on Tuesday, May 10th.

Two Harbors investment value performance

Shares of TWO opened at $4.97 on Thursday. Two Harbors Investments has a fifty-two week low of $4.26 and a fifty-two week high of $6.81. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 8.28 and a beta of 1.59. The firm has a 50-day simple moving average of $4.98 and a 200-day simple moving average of $5.11. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.21 and a current ratio of 1.21.

Two Harbors Investments has announced a dividend

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The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 29th. Shareholders of record on Tuesday, July 5th were paid a dividend of $0.17 per share. The ex-dividend date for this dividend was Friday, July 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 13.68%. Two Harbors Investments has a dividend payout ratio (DPR) of 113.33%.

Institutional inflows and outflows

Several hedge funds have recently modified their holdings of TWO. CoreCap Advisors LLC bought a new stake in Two Harbors Investments in the 2nd quarter worth about $26,000. SeaCrest Wealth Management LLC purchased a new stake in Two Harbors Investments during the 2nd quarter valued at approximately $28,000. Meeder Asset Management Inc. grew its stake in Two Harbors Investments by 110.0% in the second quarter. Meeder Asset Management Inc. after acquiring an additional 3,493 shares during the period. Now owns 6,669 shares of the real estate investment trust worth $33,000. GPS Wealth Strategies Group LLC bought a new stake in Two Harbors Investments in the first quarter worth about $39,000. Finally, Glassman Wealth Services bought a new stake in Two Harbors Investments during the 2nd quarter worth approximately $44,000. 68.67% of the stock is owned by hedge funds and other institutional investors.

Two Harbor Investment Company Profile

(Get Rating)

Two Harbors Investment Corporation operates as a real estate investment trust (REIT) focused on investing in, financing and managing residential mortgage-backed securities (RMBS), non-agency mortgages, mortgage servicing rights, and other financial assets in the United States. States. Its target assets include agency RMBS collateralized by fixed-rate mortgage loans, adjustable-rate mortgage loans, and hybrid adjustable-rate mortgages (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions.

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Analyst Recommendations for Two Harbor Investments (NYSE:TWO)

This real-time news alert was generated by anecdotal technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

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