Geode Capital Management LLC grew its holdings in shares of CYS Investments (NYSE:CYS) by 5.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,347,909 shares of the real estate investment trust’s stock after acquiring an additional 73,580 shares during the quarter. Geode Capital Management LLC owned 0.87% of CYS Investments worth $10,823,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Allianz Asset Management GmbH increased its stake in shares of CYS Investments by 9.5% in the fourth quarter. Allianz Asset Management GmbH now owns 986,944 shares of the real estate investment trust’s stock valued at $7,925,000 after buying an additional 85,399 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in CYS Investments in the fourth quarter valued at approximately $260,000. Global X Management Co. LLC boosted its holdings in CYS Investments by 3.4% in the fourth quarter. Global X Management Co. LLC now owns 2,402,080 shares of the real estate investment trust’s stock valued at $19,289,000 after acquiring an additional 78,362 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in CYS Investments by 25.8% in the fourth quarter. Wells Fargo & Company MN now owns 266,678 shares of the real estate investment trust’s stock valued at $2,141,000 after acquiring an additional 54,773 shares during the last quarter. Finally, Rational Advisors LLC boosted its holdings in CYS Investments by 27.6% in the fourth quarter. Rational Advisors LLC now owns 176,530 shares of the real estate investment trust’s stock valued at $1,418,000 after acquiring an additional 38,200 shares during the last quarter. 62.73% of the stock is owned by hedge funds and other institutional investors.
Several analysts recently commented on the company. Compass Point upgraded CYS Investments from a “sell” rating to a “neutral” rating in a report on Tuesday, February 6th. ValuEngine cut CYS Investments from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. CYS Investments presently has an average rating of “Hold” and an average target price of $8.50.
CYS Investments stock opened at $6.61 on Monday. The company has a market cap of $1,024.74, a price-to-earnings ratio of 6.54 and a beta of 0.33. CYS Investments has a 52-week low of $6.25 and a 52-week high of $8.98.
CYS Investments (NYSE:CYS) last posted its quarterly earnings results on Wednesday, February 14th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The business had revenue of $46.18 million for the quarter, compared to the consensus estimate of $47.00 million. CYS Investments had a return on equity of 13.00% and a net margin of 64.82%. During the same quarter in the previous year, the company posted $0.24 earnings per share.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 11th. Shareholders of record on Thursday, March 22nd were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 13.31%. The ex-dividend date was Wednesday, March 21st.
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CYS Investments Company Profile
CYS Investments, Inc operates as a specialty finance company in the United States. It invests in residential mortgage-backed securities that are issued, and the principal and interest of which are guaranteed by a federally chartered corporation; and debt securities issued by the United States Department of Treasury.
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