Two Harbors Investment Corp (TWO) Analysts See $0.26 EPS

October 13, 2017 - By Louis Casey

 Two Harbors Investment Corp (TWO) Analysts See $0.26 EPS
Investors sentiment increased to 1.6 in 2017 Q2. Its up 0.24, from 1.36 in 2017Q1. It improved, as 25 investors sold Two Harbors Investment Corp shares while 68 reduced holdings. 59 funds opened positions while 90 raised stakes. 235.77 million shares or 0.87% more from 233.74 million shares in 2017Q1 were reported.
Parkside State Bank And has invested 0.02% in Two Harbors Investment Corp (NYSE:TWO). Bb&T Ltd Co, a Virginia-based fund reported 27,752 shares. Comerica State Bank holds 0% of its portfolio in Two Harbors Investment Corp (NYSE:TWO) for 16,181 shares. Profund Advisors Ltd Liability Co has invested 0.01% in Two Harbors Investment Corp (NYSE:TWO). Utah Retirement System stated it has 63,362 shares. Northern stated it has 3.40 million shares or 0.01% of all its holdings. Sterling Mngmt Lc reported 0.01% in Two Harbors Investment Corp (NYSE:TWO). Vident Advisory Lc reported 0.01% in Two Harbors Investment Corp (NYSE:TWO). Menta Capital Ltd holds 0.1% of its portfolio in Two Harbors Investment Corp (NYSE:TWO) for 84,400 shares. 25,527 are held by Cambridge Rech Advisors. 22.14 million were reported by Blackrock. Arrowstreet Cap Partnership has invested 0.18% in Two Harbors Investment Corp (NYSE:TWO). Moreover, Legal General Gru Public Limited Company has 0% invested in Two Harbors Investment Corp (NYSE:TWO). Brandywine Global Inv Mngmt Ltd Liability Company holds 0.32% or 5.02 million shares. Coe Mgmt Limited Liability stated it has 0.19% of its portfolio in Two Harbors Investment Corp (NYSE:TWO).

Since May 15, 2017, it had 0 insider purchases, and 2 sales for $248,727 activity. $193,901 worth of Two Harbors Investment Corp (NYSE:TWO) was sold by Farrell Brad.

Investors wait Two Harbors Investment Corp (NYSE:TWO) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.26 earnings per share, up $0.02 or 8.33 % from last year’s $0.24 same quarter earnings. This translates into $90.69 million profit for TWO giving the stock a 9.73 P/E. This is assuming the current $0.26 EPS is accurate. Two Harbors Investment Corp’s Wall Street analysts see -7.14 % negative EPS growth, taking into account the $0.28 EPS reproted in the previous quarter, The stock decreased 0.15% or $0.02 during the last trading session, reaching $10.12. About 2.68 million shares traded or 2.29% up from the average. Two Harbors Investment Corp (NYSE:TWO) has risen 18.26% since October 14, 2016 and is uptrending. It has outperformed by 1.56% the S&P500.

Two Harbors Investment Corp (NYSE:TWO) Ratings Coverage

Among 8 analysts covering Two Harbors Investment (NYSE:TWO), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Two Harbors Investment had 28 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by Keefe Bruyette & Woods on Monday, December 14 to “Outperform”. On Monday, January 18 the stock rating was downgraded by Wells Fargo to “Market Perform”. The rating was upgraded by Wells Fargo on Friday, November 4 to “Outperform”. Keefe Bruyette & Woods maintained Two Harbors Investment Corp (NYSE:TWO) on Friday, July 28 with “Buy” rating. Maxim Group maintained Two Harbors Investment Corp (NYSE:TWO) rating on Thursday, August 6. Maxim Group has “Buy” rating and $11 target. The rating was downgraded by Wells Fargo to “Market Perform” on Friday, January 15. The stock of Two Harbors Investment Corp (NYSE:TWO) earned “Buy” rating by Zacks on Thursday, August 6. The company was maintained on Friday, May 6 by Maxim Group. FBR Capital downgraded Two Harbors Investment Corp (NYSE:TWO) rating on Tuesday, September 6. FBR Capital has “Mkt Perform” rating and $9 target. The stock of Two Harbors Investment Corp (NYSE:TWO) has “Hold” rating given on Thursday, February 4 by Wunderlich.

Two Harbors Investment Corp. is a real estate investment trust. The company has market cap of $3.53 billion. The Firm is focused on investing in, financing and managing residential mortgage-backed securities , mortgage servicing rights (MSR), commercial real estate and other financial assets (collectively known as target assets). It has a 6.57 P/E ratio. The Company’s investment objective is to provide attractive risk-adjusted total return to its stockholders over the long-term, primarily through dividends and secondarily through capital appreciation.

More recent Two Harbors Investment Corp (NYSE:TWO) news were published by: Seekingalpha.com which released: “Two Harbors – Is This 10% Dividend Worth Investing In?” on October 13, 2017. Also Seekingalpha.com published the news titled: “Two Bad Ways To Spend Your Money” on October 03, 2017. Businesswire.com‘s news article titled: “Two Harbors Investment Corp. Announces Conversion Rate Adjustment for Its …” with publication date: September 28, 2017 was also an interesting one.

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