Chicago Equity Partners LLC purchased a new position in shares of CYS Investments, Inc. (NYSE:CYS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 100,500 shares of the real estate investment trust’s stock, valued at approximately $868,000. Chicago Equity Partners LLC owned about 0.07% of CYS Investments as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of CYS. BlackRock Inc. lifted its stake in CYS Investments by 35,816.0% during the first quarter. BlackRock Inc. now owns 14,858,437 shares of the real estate investment trust’s stock worth $118,124,000 after purchasing an additional 14,817,067 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of CYS Investments by 6.7% in the 1st quarter. Vanguard Group Inc. now owns 12,575,677 shares of the real estate investment trust’s stock worth $99,976,000 after purchasing an additional 787,924 shares in the last quarter. Harbour Capital Advisors LLC boosted its position in shares of CYS Investments by 741.0% in the 2nd quarter. Harbour Capital Advisors LLC now owns 459,186 shares of the real estate investment trust’s stock worth $54,600,000 after purchasing an additional 404,586 shares in the last quarter. Koch Industries Inc. boosted its position in shares of CYS Investments by 1,496.2% in the 2nd quarter. Koch Industries Inc. now owns 242,862 shares of the real estate investment trust’s stock worth $217,000 after purchasing an additional 227,647 shares in the last quarter. Finally, Virtu KCG Holdings LLC bought a new stake in shares of CYS Investments in the 2nd quarter worth approximately $1,720,000. 61.33% of the stock is owned by hedge funds and other institutional investors.
A number of analysts have recently commented on CYS shares. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $8.50 price target on shares of CYS Investments in a research report on Thursday, September 14th. BidaskClub raised CYS Investments from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. CYS Investments has a consensus rating of “Hold” and a consensus price target of $8.00.
Shares of CYS Investments, Inc. (NYSE CYS) opened at $7.97 on Thursday. CYS Investments, Inc. has a 12-month low of $7.42 and a 12-month high of $8.98. The company has a market capitalization of $1,244.73, a P/E ratio of 7.80 and a beta of 0.63.
CYS Investments (NYSE:CYS) last released its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.01). The business had revenue of $46.99 million during the quarter, compared to the consensus estimate of $54.46 million. CYS Investments had a negative net margin of 2.59% and a positive return on equity of 13.30%. During the same period last year, the company posted $0.27 earnings per share.
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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