TWO

Two Harbors Investment
TWO

$14.06
1.81%

Market Cap: 1.46B

 

About: Two Harbors Investment Corp is a real estate investment trust primarily focused on investing in, financing, and managing residential mortgage-backed securities, or RMBS; residential mortgage loans; mortgage servicing rights; and commercial real estate. The majority of the company's investment portfolio is split between agency RMBS purchased from government-sponsored enterprises and nonagency RMBS. Two Harbors derives nearly all of its revenue in the form of interest income collected from its investments. Most of this income is generated by available-for-sale securities, while residential mortgage loans held for investment in securitization trusts also contribute a sizable amount.

Employees: 466

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 6 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

32% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 57

4% less capital invested

Capital invested by funds: $924M [Q4 2023] → $884M (-$39.5M) [Q1 2024]

4.35% less ownership

Funds ownership: 68.91% [Q4 2023] → 64.56% (-4.35%) [Q1 2024]

16% less funds holding

Funds holding: 218 [Q4 2023] → 183 (-35) [Q1 2024]

64% less call options, than puts

Call options by funds: $3.54M | Put options by funds: $9.8M

67% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 52

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$12.50
11%
downside
Avg. target
$14.17
1%
upside
High target
$15
7%
upside

6 analyst ratings

positive
67%
neutral
33%
negative
0%
JP Morgan
Richard Shane
8%downside
$13
Neutral
Maintained
16 Jul 2024
JMP Securities
Trevor Cranston
7%upside
$15
Market Outperform
Reiterated
7 Jun 2024
UBS
Douglas Harter
3%upside
$14.5
Buy
Upgraded
7 Jun 2024
JMP Securities
Trevor Cranston
7%upside
$15
Market Outperform
Reiterated
19 Apr 2024
JMP Securities
Trevor Cranston
7%upside
$15
Market Outperform
Reiterated
18 Apr 2024

Financial journalist opinion

Based on 4 articles about TWO published over the past 30 days