Two Harbors Investment Corp. (NYSE:TWO) Shares Sold by AdvisorNet Financial Inc

AdvisorNet Financial Inc cut its position in Two Harbors Investment Corp. (NYSE:TWOGet Rating) by 31.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,404 shares of the real estate investment trust’s stock after selling 9,661 shares during the period. AdvisorNet Financial Inc’s holdings in Two Harbors Investment were worth $107,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. State of New Jersey Common Pension Fund D acquired a new stake in shares of Two Harbors Investment in the first quarter worth approximately $2,762,000. Aaron Wealth Advisors LLC acquired a new position in Two Harbors Investment during the first quarter worth $497,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in Two Harbors Investment by 23.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,433,901 shares of the real estate investment trust’s stock worth $24,519,000 after buying an additional 846,198 shares during the last quarter. Arizona State Retirement System boosted its stake in Two Harbors Investment by 10.0% during the first quarter. Arizona State Retirement System now owns 92,963 shares of the real estate investment trust’s stock worth $514,000 after buying an additional 8,482 shares during the last quarter. Finally, Capasso Planning Partners LLC boosted its stake in Two Harbors Investment by 50.0% during the first quarter. Capasso Planning Partners LLC now owns 45,000 shares of the real estate investment trust’s stock worth $249,000 after buying an additional 15,000 shares during the last quarter. 63.99% of the stock is owned by institutional investors and hedge funds.

Two Harbors Investment Price Performance

NYSE:TWO opened at $4.68 on Thursday. Two Harbors Investment Corp. has a 52 week low of $4.26 and a 52 week high of $6.81. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $1.61 billion, a P/E ratio of 7.80 and a beta of 1.59. The stock’s fifty day moving average is $5.00 and its two-hundred day moving average is $5.06.

Analyst Ratings Changes

Separately, JMP Securities reissued a “buy” rating and set a $5.50 price objective on shares of Two Harbors Investment in a research note on Wednesday, July 6th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Two Harbors Investment has an average rating of “Hold” and an average price target of $5.65.

Two Harbors Investment Profile

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

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

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