CYS Investments, Inc. (NYSE:CYS) has earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat reports. 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 company. The average 1-year price objective among brokerages that have covered the stock in the last year is $8.00.

Several research firms recently issued reports on CYS. 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 shares of CYS Investments from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. Finally, Zacks Investment Research raised shares of CYS Investments from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th.

TRADEMARK VIOLATION NOTICE: This article was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/10/25/cys-investments-inc-cys-given-average-recommendation-of-hold-by-brokerages.html.

In related news, Director David A. Tyson sold 5,950 shares of the stock in a transaction dated 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 owns 22,603 shares of the company’s stock, valued at $192,125.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.04% of the company’s stock.

A number of large investors have recently bought and sold shares of CYS. BlackRock Inc. increased its holdings in shares of CYS Investments by 4.2% during the second quarter. BlackRock Inc. now owns 15,479,543 shares of the real estate investment trust’s stock worth $130,183,000 after buying an additional 621,106 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of CYS Investments by 0.6% during the second quarter. Vanguard Group Inc. now owns 12,648,858 shares of the real estate investment trust’s stock worth $106,378,000 after buying an additional 73,181 shares in the last quarter. Boston Partners increased its holdings in shares of CYS Investments by 2.3% during the second quarter. Boston Partners now owns 5,981,938 shares of the real estate investment trust’s stock worth $50,308,000 after buying an additional 135,476 shares in the last quarter. State Street Corp increased its holdings in shares of CYS Investments by 3.8% during the second quarter. State Street Corp now owns 3,650,507 shares of the real estate investment trust’s stock worth $30,700,000 after buying an additional 134,802 shares in the last quarter. Finally, Global X Management Co. LLC increased its holdings in shares of CYS Investments by 7.0% during the second quarter. Global X Management Co. LLC now owns 2,234,914 shares of the real estate investment trust’s stock worth $18,796,000 after buying an additional 145,466 shares in the last quarter. 62.76% of the stock is owned by hedge funds and other institutional investors.

CYS Investments (NYSE CYS) traded down 1.77% during trading on Wednesday, hitting $8.31. The stock had a trading volume of 1,556,851 shares. The company’s market cap is $1.26 billion. The stock has a 50-day moving average price of $8.67 and a 200-day moving average price of $8.55. CYS Investments has a 52 week low of $7.42 and a 52 week high of $8.98.

CYS Investments (NYSE:CYS) last posted its quarterly earnings results on Tuesday, October 24th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.01). CYS Investments had a positive return on equity of 12.69% and a negative net margin of 5.86%. During the same quarter last year, the business posted $0.27 earnings per share. Equities analysts predict that CYS Investments will post $1.04 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 11th. Investors of record on Monday, September 25th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 12.03%. The ex-dividend date of this dividend was Friday, September 22nd. CYS Investments’s dividend payout ratio (DPR) is presently -400.00%.

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.

Receive News & Ratings for CYS Investments Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CYS Investments Inc. and related companies with MarketBeat.com's FREE daily email newsletter.