Clayton Partners LLC Increases Stock Position in Two Harbors Investments Corp $TWO

Clayton Partners LLC lifted its holdings in shares of Two Harbors Investments Corp (NYSE:TWO) by 56.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 195,000 shares of the real estate investment trust’s stock after acquiring an additional 70,000 shares during the quarter. Two Harbors Investments comprises approximately 1.4% of Clayton Partners LLC’s holdings, making the stock its 28th biggest holding. Clayton Partners LLC owned approximately 0.19% of Two Harbors Investments worth $2,048,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quarry LP lifted its holdings in shares of Two Harbors Investments by 695.6% during the 3rd quarter. Quarry LP now owns 3,421 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 2,991 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Two Harbors Investments by 34.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,825 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 981 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of Two Harbors Investments during the 3rd quarter valued at $42,000. Kemnay Advisory Services Inc. acquired a new position in shares of Two Harbors Investments during the 4th quarter valued at $68,000. Finally, Los Angeles Capital Management LLC acquired a new position in shares of Two Harbors Investments during the 4th quarter valued at $75,000. Institutional investors and hedge funds own 64.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Zacks Research upgraded shares of Two Harbors Investments from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Compass Point restated a “neutral” rating and set a $13.00 target price on shares of Two Harbors Investments in a report on Tuesday, June 9th. Weiss Ratings upgraded shares of Two Harbors Investments from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. lowered shares of Two Harbors Investments from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $12.50 to $11.00 in a report on Thursday, April 16th. Five analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $12.50.

Two Harbors Investments Stock Performance

Shares of TWO stock opened at $12.32 on Thursday. Two Harbors Investments Corp has a 12 month low of $8.78 and a 12 month high of $14.17. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $1.29 billion, a P/E ratio of -3.22 and a beta of 1.04. The company’s fifty day moving average price is $11.95 and its two-hundred day moving average price is $11.36.

Two Harbors Investments (NYSE:TWO) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.13. The firm had revenue of $225.08 million for the quarter, compared to analyst estimates of $2.33 million. Two Harbors Investments had a negative net margin of 87.72% and a positive return on equity of 13.62%. On average, research analysts anticipate that Two Harbors Investments Corp will post 0.8 earnings per share for the current fiscal year.

Two Harbors Investments Profile

Two Harbors Investments Corp. is a mortgage real estate investment trust (mREIT) that primarily invests in residential mortgage-backed securities (RMBS) issued or guaranteed by government-sponsored enterprises, as well as non-agency residential mortgage loans, mortgage servicing rights and credit risk transfer securities. The company seeks to generate attractive risk-adjusted returns for its shareholders by employing leverage to enhance net interest income derived from its portfolio of high-quality fixed-income assets.

Headquartered in Minneapolis, Minnesota, Two Harbors operates through a self-managed platform that combines portfolio management, risk-management and securitization expertise.