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Enter Symbol:
Rating: TWO
Neutral $9

Two Harbors Investment Corp (NYSE: TWO) rated to Neutral with price target $9 by Goldman

Thursday,  Dec 5, 2013  8:25 AM ET by Betsy O'Brien Harrison

Goldman rated Two Harbors
Investment Corp (NYSE: TWO) to Neutral with price target $9.

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.


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