Could Two Harbors Investment Corp (NYSE:TWO) See a Reversal After More Sellers Came In?

October 13, 2018 - By Vivian Park

Investors sentiment decreased to 0.2 in Q2 2018. Its down 0.05, from 0.25 in 2018Q1. It turned negative, as 5 investors sold Two Harbors Investment Corp. shares while 0 reduced holdings. 0 funds opened positions while 1 raised stakes. 48,697 shares or 80.11% less from 244,854 shares in 2018Q1 were reported.
Hudson Valley Invest Adv has 12,850 shares for 0.05% of their portfolio. Beck Mgmt Ltd Llc reported 35,847 shares.

Since May 15, 2018, it had 1 buy, and 4 sales for $426,719 activity. Shares for $154,971 were sold by Farrell Brad. $77,041 worth of stock was bought by SIERING THOMAS on Wednesday, August 15. On Tuesday, May 15 Sandberg Rebecca B sold $43,822 worth of Two Harbors Investment Corp. (NYSE:TWO) or 2,818 shares. 16,141 shares were sold by ROTH WILLIAM, worth $250,991.

The stock of Two Harbors Investment Corp (NYSE:TWO) registered an increase of 2.62% in short interest. TWO’s total short interest was 5.70M shares in October as published by FINRA. Its up 2.62% from 5.56M shares, reported previously. With 1.41M shares average volume, it will take short sellers 4 days to cover their TWO’s short positions. The short interest to Two Harbors Investment Corp’s float is 2.32%.

The stock decreased 0.49% or $0.07 during the last trading session, reaching $14.21. About 2.51M shares traded or 10.66% up from the average. Two Harbors Investment Corp. (NYSE:TWO) has declined 5.08% since October 13, 2017 and is downtrending. It has underperformed by 20.70% the S&P500.

Two Harbors Investment Corp. operates as a real estate investment trust that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), mortgage servicing rights, commercial real estate assets, and other financial assets in the United States. The company has market cap of $3.53 billion. The company??s target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and non-agency RMBS collateralized by prime mortgage loans, Alt-A mortgage loans, pay-option ARM mortgage loans, and subprime mortgage loans. It has a 3.89 P/E ratio. The Company’s target assets also comprise floating and fixed rate commercial real estate loans; and other assets, such as financial and mortgage-related assets, as well as residential mortgage loans and certain non-hedging transactions.

Two Harbors Investment Corp. (NYSE:TWO) Ratings Coverage

Among 4 analysts covering Two Harbors Investment (NYSE:TWO), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Two Harbors Investment had 4 analyst reports since April 27, 2018 according to SRatingsIntel. JP Morgan maintained Two Harbors Investment Corp. (NYSE:TWO) on Monday, July 23 with “Overweight” rating. Maxim Group maintained it with “Buy” rating and $16 target in Friday, April 27 report. Deutsche Bank downgraded the shares of TWO in report on Tuesday, July 24 to “Hold” rating.

More recent Two Harbors Investment Corp. (NYSE:TWO) news were published by: Seekingalpha.com which released: “Two Harbors Investment declares $0.311360 dividend” on September 20, 2018. Also Forbes.com published the news titled: “Next Up After NIO: Four Other Chinese EV Startups That Could Make A Splash” on September 27, 2018. Seekingalpha.com‘s news article titled: “Two Harbors CFO Brad Farrell to resign” with publication date: October 05, 2018 was also an interesting one.

Two Harbors Investment Corp. (NYSE:TWO) Ratings Chart

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