Walleye Trading Lowers stake in Two Harbors Investment Corp (TWO)

Two Harbors Investment Corp (TWO) : Walleye Trading reduced its stake in Two Harbors Investment Corp by 28.88% during the most recent quarter end. The investment management company now holds a total of 1,206,169 shares of Two Harbors Investment Corp which is valued at $10,867,583 after selling 489,688 shares in Two Harbors Investment Corp , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Two Harbors Investment Corp makes up approximately 0.82% of Walleye Trading’s portfolio.

Other Hedge Funds, Including , Voya Investment Management boosted its stake in TWO in the latest quarter, The investment management firm added 4,641 additional shares and now holds a total of 113,592 shares of Two Harbors Investment Corp which is valued at $1,023,464.Allianz Asset Management Ag boosted its stake in TWO in the latest quarter, The investment management firm added 151,435 additional shares and now holds a total of 1,101,564 shares of Two Harbors Investment Corp which is valued at $9,925,092. Two Harbors Investment Corp makes up approx 0.01% of Allianz Asset Management Ag’s portfolio.Blackrock Institutional Trust Company N.a. reduced its stake in TWO by selling 14,167 shares or 0.16% in the most recent quarter. The Hedge Fund company now holds 8,958,596 shares of TWO which is valued at $80,716,950. Two Harbors Investment Corp makes up approx 0.01% of Blackrock Institutional Trust Company N.a.’s portfolio. Rnc Capital Management added TWO to its portfolio by purchasing 15,000 company shares during the most recent quarter which is valued at $130,500. Two Harbors Investment Corp makes up approx 0.01% of Rnc Capital Management’s portfolio.

Two Harbors Investment Corp closed down -0.03 points or -0.34% at $8.87 with 12,23,361 shares getting traded on Thursday. Post opening the session at $8.95, the shares hit an intraday low of $8.81 and an intraday high of $8.95 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Two Harbors Investment Corp reported $0.22 EPS for the quarter, based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus estimate of $0.22. The company had revenue of $100.80 million for the quarter, compared to analysts expectations of $95.48 million. The company’s revenue was down -14.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.22 EPS.

Many Wall Street Analysts have commented on Two Harbors Investment Corp. FBR Capital Downgraded Two Harbors Investment Corp on Sep 6, 2016 to ” Mkt Perform”, Price Target of the shares are set at $9.Company shares were Reiterated by Wunderlich on Aug 5, 2016 to “Hold”, Firm has raised the Price Target to $ 9.50 from a previous price target of $8.75 .

Two Harbors Investment Corp. (Two Harbors) operates as a real estate investment trust (REIT). The Company’s investment objective is to provide risk-adjusted total return to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its target assets include Agency residential mortgage-backed securities (RMBS) (which includes inverse interest-only Agency securities classified as Agency Derivatives) meaning RMBS whose principal and interest payments are guaranteed by Ginnie Mae Fannie Mae or Freddie Mac; Non-Agency RMBS meaning RMBS that are not issued or guaranteed by Ginnie Mae Fannie Mae or Freddie Mac; Residential mortgage loans; mortgage servicing rights (MSR); Commercial real estate debt and related assets and other financial assets comprising approximately 5% to 10% of the portfolio. The Company is externally managed and advised by PRCM Advisers LLC a subsidiary of Pine River Capital Management L.P.

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