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Two Harbors Investment Corp (TWO) [hlAlert]

Rating:
Market Perform
TWO

Two Harbors Investment Corp (TWO) rated Market Perform by Wells Fargo

Posted on: Friday,  Jan 15, 2016  10:25 AM ET by Wells Fargo

Two Harbors Investment Corp
(NYSE: TWO) rated Market Perform by Wells Fargo.

Two Harbors Investment Corp. (Two Harbors) is an real estate investment trust (REIT), which focuses on investing in, financing and managing residential mortgage-backed securities (RMBS). The Company focuses on investing in the asset classes, which includes agency RMBS, non-agency RMBS and financial assets other than RMBS, consisting of approximately 5% to 10% of the portfolio. Two Harbors is externally managed and advised by PRCM Advisers LLC. Capitol Acquisition Corp. (Capitol) is a wholly owned indirect subsidiary of Two Harbors. On October 28, 2009, Two Harbors Merger Corp., a wholly owned subsidiary of the Company merged with Capitol.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2016 10:25 AM Hold
None
7.57
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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