The stock of CYS Investments Inc (NYSE:CYS) is a huge mover today! CYS Investments Inc (NYSE:CYS) has risen 2.87% since March 9, 2016 and is uptrending. It has underperformed by 4.54% the S&P500.
The move comes after 9 months positive chart setup for the $1.23 billion company. It was reported on Oct, 12 by Barchart.com. We have $13.18 PT which if reached, will make NYSE:CYS worth $738.00 million more.
Analysts await CYS Investments Inc (NYSE:CYS) to report earnings on October, 19. They expect $0.25 earnings per share, down 7.41% or $0.02 from last year’s $0.27 per share. CYS’s profit will be $37.32 million for 8.24 P/E if the $0.25 EPS becomes a reality. After $0.26 actual earnings per share reported by CYS Investments Inc for the previous quarter, Wall Street now forecasts -3.85% negative EPS growth.
CYS Investments Inc (NYSE:CYS) Ratings Coverage
Out of 3 analysts covering Cypress Sharpridge Investments (NYSE:CYS), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Cypress Sharpridge Investments has been the topic of 4 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the shares of CYS in a report on Friday, February 12 with “Hold” rating. The rating was downgraded by Compass Point on Monday, March 14 to “Neutral”. The stock of CYS Investments Inc (NYSE:CYS) earned “Outperform” rating by JMP Securities on Tuesday, February 16.
According to Zacks Investment Research, “CYS Investments, Inc. is a specialty finance company that invests on a leveraged basis in residential mortgage pass-through securities for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. CYS Investments, Inc. has elected to be taxed as a real estate investment trust for federal income tax purposes. CYS Investments, Inc., formally known as Cypress Sharpridge Investments, Inc., is headquartered in Waltham, Massachusetts.”
Insitutional Activity: The institutional sentiment decreased to 0.97 in 2016 Q2. Its down 0.33, from 1.3 in 2016Q1. The ratio worsened, as 19 funds sold all CYS Investments Inc shares owned while 54 reduced positions. 22 funds bought stakes while 49 increased positions. They now own 86.84 million shares or 3.76% less from 90.23 million shares in 2016Q1.
Paloma Prns Mgmt holds 0% or 32,506 shares in its portfolio. Greenwich Investment Management last reported 0.95% of its portfolio in the stock. The New York-based Sg Americas Secs Ltd Limited Liability Company has invested 0.01% in CYS Investments Inc (NYSE:CYS). Aqr Cap Mgmt Limited Company owns 232,448 shares or 0% of their US portfolio. Fmr Ltd, a Massachusetts-based fund reported 1.04M shares. Acadian Asset Mgmt Limited Liability Co holds 0.2% of its portfolio in CYS Investments Inc (NYSE:CYS) for 4.71 million shares. Investment Advsr Llc, a Georgia-based fund reported 15,960 shares. Group One Trading Limited Partnership accumulated 2,641 shares or 0% of the stock. Seizert Capital Prtnrs Lc reported 23,215 shares or 0.01% of all its holdings. Clarivest Asset Mgmt Limited Liability Corp holds 0.02% of its portfolio in CYS Investments Inc (NYSE:CYS) for 94,051 shares. Manufacturers Life The last reported 0% of its portfolio in the stock. Principal Fincl Group Inc has 0.03% invested in the company for 2.28M shares. Tci Wealth Advsr Inc last reported 0% of its portfolio in the stock. C M Bidwell And Assoc Ltd has 22,340 shares for 0.05% of their US portfolio. Moreover, Goldman Sachs Gru has 0% invested in CYS Investments Inc (NYSE:CYS) for 1.15 million shares.
Insider Transactions: Since April 29, 2016, the stock had 0 buys, and 1 insider sale for $28,145 net activity. Another trade for 3,500 shares valued at $28,145 was sold by TYSON DAVID A.
More news for CYS Investments Inc (NYSE:CYS) were recently published by: Businesswire.com, which released: “CYS Investments, Inc. Board of Directors Declares Third Quarter 2016 Common …” on September 08, 2016. Nasdaq.com‘s article titled: “CYS Investments, Inc. (CYS) Ex-Dividend Date Scheduled for September 20, 2016” and published on July 02, 2016 is yet another important article.
CYS Company Profile
CYS Investments, Inc., incorporated on January 3, 2006, is a specialty finance company. The Firm invests in agency residential mortgage-backed security (Agency 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 (approximately three, five, seven or 10 years). In addition, the Company permits investments in collateralized mortgage obligations (CMOs) issued by a Government agency or Government-sponsored entity that are collateralized by Agency RMBS, although it has not invested in any CMOs.
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