CYS Investments, Inc. (NYSE:CYS) has been given an average recommendation of “Hold” by the seven brokerages that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $8.00.

CYS has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of CYS Investments from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. BidaskClub cut shares of CYS Investments from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $8.50 price objective on shares of CYS Investments in a research report on Thursday, September 14th.

In other CYS Investments news, Director David A. Tyson sold 5,950 shares of the company’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $8.50, for a total value of $50,575.00. Following the sale, the director now owns 22,603 shares of the company’s stock, valued at $192,125.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.04% of the company’s stock.

Large investors have recently made changes to their positions in the business. Profund Advisors LLC increased its position in CYS Investments by 1.7% during the second quarter. Profund Advisors LLC now owns 11,900 shares of the real estate investment trust’s stock worth $100,000 after buying an additional 196 shares in the last quarter. Ameritas Investment Partners Inc. lifted its position in shares of CYS Investments by 9.0% in the second quarter. Ameritas Investment Partners Inc. now owns 13,300 shares of the real estate investment trust’s stock valued at $112,000 after acquiring an additional 1,096 shares in the last quarter. Formidable Asset Management LLC purchased a new stake in shares of CYS Investments in the first quarter valued at $114,000. Stratos Wealth Partners LTD. lifted its position in shares of CYS Investments by 7.2% in the second quarter. Stratos Wealth Partners LTD. now owns 14,203 shares of the real estate investment trust’s stock valued at $119,000 after acquiring an additional 950 shares in the last quarter. Finally, Koch Industries Inc. purchased a new stake in shares of CYS Investments in the first quarter valued at $121,000. Hedge funds and other institutional investors own 62.69% of the company’s stock.

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CYS Investments (NYSE CYS) traded down 0.057% during midday trading on Friday, reaching $8.705. 281,202 shares of the company’s stock traded hands. The firm’s 50-day moving average is $8.73 and its 200-day moving average is $8.46. The company’s market capitalization is $1.32 billion. CYS Investments has a 1-year low of $7.42 and a 1-year high of $8.98.

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

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Monday, September 25th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, September 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 11.48%. CYS Investments’s payout ratio is -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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