Two Harbors Investments (NYSE:TWO) CIO Nicholas Letica Sells 55,488 Shares of Stock

20 Dec 2025, 08:04 by Doug Wharley · The Cerbat Gem

Two Harbors Investments Corp (NYSE:TWO – Get Free Report) CIO Nicholas Letica sold 55,488 shares of the firm’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $11.42, for a total value of $633,672.96. Following the sale, the executive owned 166,507 shares of the company’s stock, valued at $1,901,509.94. The trade was a 25.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Two Harbors Investments Price Performance

Shares of TWO opened at $11.40 on Friday. The business’s 50-day moving average is $9.91 and its 200-day moving average is $10.09. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of -4.56 and a beta of 1.20. Two Harbors Investments Corp has a fifty-two week low of $9.30 and a fifty-two week high of $14.28.

Two Harbors Investments (NYSE:TWO – Get Free Report) last announced its quarterly earnings data on Monday, March 7th. The real estate investment trust reported $0.24 EPS for the quarter. Two Harbors Investments had a negative net margin of 44.10% and a positive return on equity of 11.92%. The firm had revenue of ($18.67) million for the quarter. Equities research analysts expect that Two Harbors Investments Corp will post 0.81 EPS for the current fiscal year.

Two Harbors Investments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 29th. Investors of record on Monday, January 5th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Monday, January 5th. This represents a $1.36 dividend on an annualized basis and a yield of 11.9%. Two Harbors Investments’s dividend payout ratio (DPR) is presently -54.40%.

Trending Headlines about Two Harbors Investments

Here are the key news stories impacting Two Harbors Investments this week:

Positive Sentiment: Acquisition by UWM provides an exit and liquidity event; the deal terms call for TWO shareholders to receive 2.3328 shares of UWM Class A for each TWO share, which sparked the initial sharp price rise as investors priced the takeover. Mortgage lender UWM Holdings to buy Two Harbors Investment in $1.3 billion deal
Positive Sentiment: TWO announced a quarterly common dividend of $0.34 (annualized yield ~12%), which supports income investors and likely underpins buy interest ahead of the Jan. 5 record/ex‑dividend timing. TWO Announces Fourth Quarter 2025 Common and Preferred Stock Dividends
Positive Sentiment: Macro tailwinds for mREITs — easing mortgage rates and potential Fed cuts — improve the sector outlook and provide a constructive backdrop for TWO post‑deal. Mortgage Rates Continue to Ease: 3 mREIT Stocks to Bet on for 2026
Neutral Sentiment: Analyses of TWO’s convertible/debenture securities (TWOD) and whether they can be called post‑transaction are complex; bondholder outcomes may affect capital structure but aren’t an immediate stock catalyst. TWOD: Exploring If The Bonds Can Be Called After The Two Harbors Acquisition
Neutral Sentiment: Unusually large options activity and high volume indicate traders are positioning for continued volatility around the deal and dividend dates; this can amplify moves but is not a directional fundamental change. Two Harbors Investments Target of Unusually Large Options Trading (NYSE:TWO)
Neutral Sentiment: Several market writeups and explainer pieces have tried to reconcile the recent 12–16% intraday moves, useful for context but secondary to the deal and legal risks. Why Two Harbors Investment Corp.’s (TWO) Stock Is Up 12.36%
Negative Sentiment: Multiple shareholder investigations and class‑action alerts (Kahn Swick & Foti, The M&A Class Action Firm, The Ademi Firm) allege the sale price/process may be inadequate — this increases legal/approval risk and can pressure the stock until resolved. Two Harbors Investment Investor Alert — KSF M&A Class Action Firm investigation Ademi Firm investigation
Negative Sentiment: Maxim Group downgraded TWO from Buy to Hold, citing deal/valuation or risk concerns — a visible sell‑side change that can weigh on investor sentiment. Maxim Group downgrades Two Harbors Investment (TWO)
Negative Sentiment: Commentary highlighting merger‑related uncertainty and share price volatility underscores execution and regulatory/approval risks that could keep TWO’s trading range choppy. Two Harbors: UWMC Merger Brings Uncertainty Amid Share Price Volatility

Institutional Trading of Two Harbors Investments

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TWO. CIBC Bancorp USA Inc. acquired a new position in Two Harbors Investments in the third quarter worth about $110,000. Advisory Services Network LLC bought a new stake in shares of Two Harbors Investments in the 3rd quarter valued at approximately $42,000. PharVision Advisers LLC acquired a new position in shares of Two Harbors Investments in the 3rd quarter worth approximately $203,000. Quarry LP boosted its stake in Two Harbors Investments by 695.6% in the 3rd quarter. Quarry LP now owns 3,421 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 2,991 shares in the last quarter. Finally, Millennium Management LLC grew its position in Two Harbors Investments by 45.3% in the third quarter. Millennium Management LLC now owns 4,535,534 shares of the real estate investment trust’s stock valued at $44,766,000 after acquiring an additional 1,415,062 shares during the period. Institutional investors own 64.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on TWO shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Two Harbors Investments in a report on Monday. UBS Group cut their target price on shares of Two Harbors Investments from $12.00 to $11.00 and set a “buy” rating for the company in a research report on Wednesday, September 3rd. Zacks Research raised shares of Two Harbors Investments from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Maxim Group lowered Two Harbors Investments from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Wall Street Zen upgraded Two Harbors Investments from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $11.96.

Read Our Latest Stock Report on TWO

About Two Harbors Investments

(Get Free Report)

Two Harbors Investments Corp. is a mortgage real estate investment trust (mREIT) that primarily invests in residential mortgage-backed securities (RMBS) issued or guaranteed by government-sponsored enterprises, as well as non-agency residential mortgage loans, mortgage servicing rights and credit risk transfer securities. The company seeks to generate attractive risk-adjusted returns for its shareholders by employing leverage to enhance net interest income derived from its portfolio of high-quality fixed-income assets.

Headquartered in Minneapolis, Minnesota, Two Harbors operates through a self-managed platform that combines portfolio management, risk-management and securitization expertise.