Schwab Charles Investment Management Inc. increased its stake in shares of CYS Investments, Inc. (NYSE:CYS) by 8.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 805,182 shares of the real estate investment trust’s stock after buying an additional 60,497 shares during the period. Schwab Charles Investment Management Inc.’s holdings in CYS Investments were worth $6,402,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Formidable Asset Management LLC acquired a new position in shares of CYS Investments during the first quarter valued at about $114,000. Koch Industries Inc. acquired a new position in shares of CYS Investments during the first quarter valued at about $121,000. Mackenzie Financial Corp increased its position in shares of CYS Investments by 48.8% in the first quarter. Mackenzie Financial Corp now owns 18,734 shares of the real estate investment trust’s stock valued at $149,000 after buying an additional 6,144 shares during the last quarter. Quantbot Technologies LP increased its position in shares of CYS Investments by 46.7% in the first quarter. Quantbot Technologies LP now owns 20,463 shares of the real estate investment trust’s stock valued at $162,000 after buying an additional 6,518 shares during the last quarter. Finally, Creative Planning increased its position in shares of CYS Investments by 38.8% in the first quarter. Creative Planning now owns 20,691 shares of the real estate investment trust’s stock valued at $164,000 after buying an additional 5,788 shares during the last quarter. 63.27% of the stock is currently owned by institutional investors and hedge funds.

CYS Investments, Inc. (CYS) traded down 0.639% during midday trading on Friday, hitting $8.555. The stock had a trading volume of 286,788 shares. The company’s 50-day moving average price is $8.54 and its 200 day moving average price is $8.18. CYS Investments, Inc. has a 52 week low of $7.42 and a 52 week high of $9.21. The company’s market capitalization is $1.30 billion.

CYS Investments (NYSE:CYS) last released its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. CYS Investments had a positive return on equity of 12.69% and a negative net margin of 5.86%. The company had revenue of $50.91 million for the quarter, compared to the consensus estimate of $69.70 million. During the same quarter last year, the business posted $0.26 EPS. On average, analysts expect that CYS Investments, Inc. will post $1.04 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 12th. Investors of record on Thursday, June 22nd were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 11.61%. The ex-dividend date was Tuesday, June 20th. CYS Investments’s dividend payout ratio (DPR) is -400.00%.

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Several equities analysts have issued reports on CYS shares. Wells Fargo & Company downgraded CYS Investments from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 11th. They noted that the move was a valuation call. Zacks Investment Research upgraded CYS Investments from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. BidaskClub downgraded CYS Investments from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Finally, Keefe, Bruyette & Woods set a $8.00 price objective on CYS Investments and gave the company a “hold” rating in a research report on Saturday, May 27th. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $8.35.

In related news, Director David A. Tyson sold 5,950 shares of the firm’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $8.50, for a total transaction of $50,575.00. Following the sale, the director now owns 22,603 shares of the company’s stock, valued at approximately $192,125.50. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.04% of the company’s stock.

About CYS Investments

CYS Investments, Inc is a specialty finance company. The Company’s objective is to provide consistent returns to its investors through a combination of dividends and capital appreciation. It invests in agency residential mortgage-backed security (RMBS) collateralized by fixed rate single-family residential mortgage loans; adjustable-rate mortgages (ARMs), which have coupon rates that reset monthly, or hybrid ARMs, which have a coupon rate that is fixed for an initial period.

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Institutional Ownership by Quarter for CYS Investments (NYSE:CYS)

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