Investing in Two Harbors Investment Corp. (TWO): What You Must Know

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Two Harbors Investment Corp.’s recently made public that its General Counsel and Secretary Sandberg Rebecca B unloaded Company’s shares for reported $85452.0 on May 20. In the deal valued at $4.99 per share,17,139 shares were sold. As a result of this transaction, Sandberg Rebecca B now holds 329,865 shares worth roughly $ 4.81 million.


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Then, RISKEY MARY KATHRYN sold 15,114 shares, generating $75,068 in total proceeds. Upon selling the shares at $4.97, the Chief Financial Officer now owns 221,223 shares.

Before that, GREENBERG WILLIAM ROSS sold 34,955 shares. Two Harbors Investment Corp. shares valued at $174,279 were divested by the President, CEO and CIO at a price of $4.99 per share. As a result of the transaction, GREENBERG WILLIAM ROSS now holds 527,005 shares, worth roughly $7.68 million.

Citigroup initiated its Two Harbors Investment Corp. [TWO] rating to a Neutral in a research note published on Monday, January 04, 2022; the price target was $5.50. PT values the company’s stock at a premium of -164.91 to its Monday closing price. A number of analysts have revised their coverage, including Credit Suisse’s analysts, who decreased its forecast for the stock in late June from “an Outperform” to “a Neutral”. Keefe Bruyette also remained covering TWO and has decreased its forecast on December 18, 2020 with a “Mkt perform” recommendation from previously “an Outperform” rating. Jefferies started covering the stock on December 14, 2020. It rated TWO as “a Hold”.

Price Performance Review of TWO

On Monday, Two Harbors Investment Corp. [NYSE:TWO] saw its stock jump 2.10% to $14.57. On the same session, the stock had its day’s lowest price of $14.165, but rose to a high of $14.64. Over the last five days, the stock has gained 2.32%. Two Harbors Investment Corp. shares have fallen nearly -36.87% since the year began. Nevertheless, the stocks have fallen -43.35% over the past one year. While a 52-week high of $26.18 was reached on 01/12/22, a 52-week low of $12.12 was recorded on 10/11/22. SMA at 50 days reached $15.74, while 200 days put it at $19.35. A total of 0.82 million shares were traded, compared to the trading of 1.56 million shares in the previous session.

Levels Of Support And Resistance For TWO Stock

The 24-hour chart illustrates a support level at 14.28, which if violated will result in even more drops to 13.98. On the upside, there is a resistance level at 14.75. A further resistance level may holdings at 14.93. The Relative Strength Index (RSI) on the 14-day chart is 52.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.43%. Stochastics %K at 75.76% indicates the stock is a holding.

How much short interest is there in Two Harbors Investment Corp.?

A steep rise in short interest was recorded in Two Harbors Investment Corp. stocks on Jul 14, 2022, dropping by -4.33 million shares to a total of 11.34 million shares. Yahoo Finance data shows the prior-month short interest on Jun 14, 2022 was 15.67 million shares. There was a decline of -38.18%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 4.63% of the overall stock float, the days-to-cover ratio (short ratio) fell to 2.63.

Two Harbors Investment Corp. [TWO] – Who Are The Largest Shareholders?

In filings from BlackRock Fund Advisors, it is revealed that the company now owns 56,284,572 shares, or roughly 16.34% of the outstanding TWO shares. In other words, the investor’s shares have risen by 10,341 from its previous 13-F filing of 56274231.0. Additionally, The Vanguard Group, Inc. increased 1.64% of its stake after which the total value it holdings stand at $124,218,344, while Allspring Global Investments LLC added 2.05% of its stake to hold $52.59 million in the firm. Over the last quarter, SSgA Funds Management, Inc. purchased 332,585 shares of Two Harbors Investment Corp., while Massachusetts Financial Services bought 268,366 shares. At present, Geode Capital Management LLC is holding 5,983,905 shares valued at $19.87 million. Goldman Sachs Asset Management LP owned 5,787,320 shares of the company at the time of its most recent 13F filing, worth $19.21 million.

According to FactSet, Two Harbors Investment Corp.’s share price will average $17.83 in the next year, based on opinions of analysts polled by the firm. This is up nearly 22.63 percent from its previous closing price of $14.27. Analysts expect Two Harbors Investment Corp. stock to reach the higher price of $20.00, while the lowest price estimate is $16.00. However, 8 analysts have rated TWO stock as a Hold in their predictions for 2022.

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