CYS Investments (CYS) Lifted to “Neutral” at Compass Point

Compass Point upgraded shares of CYS Investments (NYSE:CYS) from a sell rating to a neutral rating in a research report sent to investors on Tuesday morning, Marketbeat.com reports.

Separately, ValuEngine cut shares of CYS Investments from a strong-buy rating to a buy rating in a research report on Friday, February 2nd. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of $8.25.

CYS Investments (CYS) opened at $6.37 on Tuesday. The company has a market cap of $987.41, a P/E ratio of -31.85 and a beta of 0.37. CYS Investments has a 12-month low of $6.26 and a 12-month high of $8.98.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 27th. Stockholders of record on Friday, December 22nd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 15.70%. The ex-dividend date of this dividend is Thursday, December 21st. CYS Investments’s payout ratio is presently -500.00%.

Large investors have recently modified their holdings of the company. Profund Advisors LLC raised its position in shares of CYS Investments by 1.7% in the 2nd quarter. Profund Advisors LLC now owns 11,900 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 196 shares in the last quarter. Ameritas Investment Partners Inc. raised its position in shares of CYS Investments by 9.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 13,300 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 1,096 shares in the last quarter. Barings LLC acquired a new position in shares of CYS Investments in the 3rd quarter valued at approximately $129,000. Amalgamated Bank raised its position in shares of CYS Investments by 1.0% in the 2nd quarter. Amalgamated Bank now owns 19,252 shares of the real estate investment trust’s stock valued at $162,000 after buying an additional 196 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of CYS Investments by 28.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 19,946 shares of the real estate investment trust’s stock valued at $168,000 after purchasing an additional 4,441 shares during the last quarter. Institutional investors own 62.15% of the company’s stock.

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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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