Shares of CYS Investments, Inc. (NYSE:CYS) have been given a consensus recommendation of “Hold” by the seven research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $8.00.

CYS has been the topic of several recent analyst reports. BidaskClub cut CYS Investments from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 29th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $8.50 target price on shares of CYS Investments in a research report on Thursday, September 14th. Finally, Zacks Investment Research raised CYS Investments from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th.

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

A number of hedge funds have recently bought and sold shares of CYS. Bank of New York Mellon Corp grew its holdings in CYS Investments by 3.2% during the 1st quarter. Bank of New York Mellon Corp now owns 756,434 shares of the real estate investment trust’s stock valued at $6,014,000 after buying an additional 23,365 shares in the last quarter. Suntrust Banks Inc. grew its holdings in CYS Investments by 2.8% during the 1st quarter. Suntrust Banks Inc. now owns 23,579 shares of the real estate investment trust’s stock valued at $187,000 after buying an additional 646 shares in the last quarter. Swiss National Bank grew its holdings in CYS Investments by 2.6% during the 1st quarter. Swiss National Bank now owns 249,100 shares of the real estate investment trust’s stock valued at $1,980,000 after buying an additional 6,400 shares in the last quarter. UBS Asset Management Americas Inc. grew its holdings in CYS Investments by 40.1% during the 1st quarter. UBS Asset Management Americas Inc. now owns 104,022 shares of the real estate investment trust’s stock valued at $827,000 after buying an additional 29,756 shares in the last quarter. Finally, Karp Capital Management Corp purchased a new position in CYS Investments during the 1st quarter valued at about $528,000. 62.69% of the stock is owned by institutional investors and hedge funds.

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Shares of CYS Investments (NYSE:CYS) remained flat at $8.64 during trading on Friday. The company’s stock had a trading volume of 949,269 shares. CYS Investments has a 12 month low of $7.42 and a 12 month high of $8.98. The company has a 50 day moving average price of $8.73 and a 200 day moving average price of $8.40. The stock’s market capitalization is $1.31 billion.

CYS Investments (NYSE:CYS) last issued its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.27 earnings per share for the quarter, beating the 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 business had revenue of $50.91 million for the quarter, compared to analysts’ expectations of $69.70 million. During the same period last year, the business earned $0.26 EPS. On average, analysts forecast that CYS Investments will post $1.04 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 11th. Investors of record on Monday, September 25th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 11.57%. The ex-dividend date of this dividend is Friday, September 22nd. CYS Investments’s dividend payout ratio (DPR) is currently -400.00%.

CYS Investments Company Profile

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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