Strs Ohio Maintains Stake in CYS Investments, Inc. (CYS)
Strs Ohio held its position in shares of CYS Investments, Inc. (NYSE:CYS) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 44,500 shares of the real estate investment trust’s stock at the end of the second quarter. Strs Ohio’s holdings in CYS Investments were worth $374,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently made changes to their positions in CYS. Quantbot Technologies LP increased its stake 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 worth $162,000 after buying an additional 6,518 shares in the last quarter. Infrastructure Capital Advisors LLC increased its stake in shares of CYS Investments by 41.6% in the first quarter. Infrastructure Capital Advisors LLC now owns 106,459 shares of the real estate investment trust’s stock worth $1,042,000 after buying an additional 31,285 shares in the last quarter. Rational Advisors LLC increased its stake in shares of CYS Investments by 513.1% in the first quarter. Rational Advisors LLC now owns 191,900 shares of the real estate investment trust’s stock worth $1,526,000 after buying an additional 160,600 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in shares of CYS Investments by 1.2% in the first quarter. Parametric Portfolio Associates LLC now owns 500,675 shares of the real estate investment trust’s stock worth $3,980,000 after buying an additional 6,103 shares in the last quarter. Finally, Karp Capital Management Corp bought a new stake in shares of CYS Investments during the first quarter worth about $528,000. Institutional investors own 62.80% of the company’s stock.
Shares of CYS Investments, Inc. (CYS) opened at 8.71 on Thursday. The firm has a 50 day moving average price of $8.57 and a 200-day moving average price of $8.29. CYS Investments, Inc. has a one year low of $7.42 and a one year high of $9.06. The firm’s market cap is $1.32 billion.
CYS Investments (NYSE:CYS) last issued its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. CYS Investments had a negative net margin of 5.86% and a positive return on equity of 12.69%. The business had revenue of $50.91 million during the quarter, compared to analysts’ expectations of $69.70 million. During the same period last year, the company posted $0.26 EPS. Analysts forecast that CYS Investments, Inc. will post $1.04 earnings per share for the current year.
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A number of brokerages recently issued reports on CYS. BidaskClub raised CYS Investments from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. Keefe, Bruyette & Woods set a $8.00 price target on CYS Investments and gave the stock a “hold” rating in a research report on Saturday, May 27th. Finally, Zacks Investment Research downgraded CYS Investments from a “buy” rating to a “hold” rating in a research report on Tuesday, May 16th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. CYS Investments has an average rating of “Hold” and a consensus price target of $8.35.
In other CYS Investments news, Director David A. Tyson sold 5,950 shares of CYS Investments stock in a transaction on Monday, July 31st. The shares were sold at an average price of $8.50, for a total value of $50,575.00. Following the completion of the transaction, the director now directly owns 22,603 shares of the company’s stock, valued at approximately $192,125.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.04% of the company’s stock.
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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