Camelot Portfolios LLC held its stake in shares of CYS Investments Inc. (NYSE:CYS) during the third quarter, Holdings Channel reports. The fund owned 8,550 shares of the real estate investment trust’s stock at the end of the third quarter. Camelot Portfolios LLC’s holdings in CYS Investments were worth $213,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of CYS. Profund Advisors LLC raised its stake in shares of CYS Investments by 3.7% in the second quarter. Profund Advisors LLC now owns 13,084 shares of the real estate investment trust’s stock worth $110,000 after buying an additional 472 shares during the period. Parametrica Management Ltd acquired a new stake in shares of CYS Investments during the second quarter worth $110,000. Barclays PLC raised its stake in shares of CYS Investments by 27,770.0% in the second quarter. Barclays PLC now owns 13,935 shares of the real estate investment trust’s stock worth $117,000 after buying an additional 13,885 shares during the period. Private Advisor Group LLC raised its stake in shares of CYS Investments by 2.7% in the second quarter. Private Advisor Group LLC now owns 14,094 shares of the real estate investment trust’s stock worth $119,000 after buying an additional 371 shares during the period. Finally, Virtu Financial LLC acquired a new stake in shares of CYS Investments during the second quarter worth $131,000. Hedge funds and other institutional investors own 62.89% of the company’s stock.
CYS Investments Inc. (NYSE:CYS) traded up 0.74% on Monday, reaching $8.14. The company had a trading volume of 147,838 shares. CYS Investments Inc. has a one year low of $5.89 and a one year high of $9.21. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 6.98 and a beta of 0.63. The company has a 50-day moving average of $8.32 and a 200 day moving average of $8.53.
CYS Investments (NYSE:CYS) last posted its quarterly earnings data on Thursday, October 27th. The real estate investment trust reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.01. CYS Investments had a return on equity of 10.85% and a net margin of 77.50%. The business earned $69.70 million during the quarter, compared to analysts’ expectations of $71.75 million. During the same quarter in the previous year, the firm earned $0.27 EPS. The firm’s revenue was down 6.9% compared to the same quarter last year. On average, equities research analysts predict that CYS Investments Inc. will post $1.87 EPS for the current year.
A number of brokerages have weighed in on CYS. Compass Point raised their price objective on CYS Investments from $8.50 to $9.00 and gave the company a “neutral” rating in a research note on Tuesday, August 2nd. Zacks Investment Research upgraded CYS Investments from a “sell” rating to a “hold” rating in a research report on Friday, October 28th. Finally, Credit Suisse Group AG reiterated a “sell” rating and issued a $9.00 target price on shares of CYS Investments in a research report on Friday, September 9th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $8.72.
In related news, CEO Kevin E. Grant sold 174,911 shares of the business’s stock in a transaction dated Monday, October 31st. The stock was sold at an average price of $8.60, for a total transaction of $1,504,234.60. Following the completion of the transaction, the chief executive officer now owns 649,491 shares of the company’s stock, valued at approximately $5,585,622.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David A. Tyson sold 6,290 shares of the business’s stock in a transaction dated Tuesday, November 1st. The stock was sold at an average price of $8.48, for a total value of $53,339.20. Following the transaction, the director now directly owns 20,641 shares of the company’s stock, valued at approximately $175,035.68. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.
CYS Investments Company Profile
CYS Investments, Inc is a specialty finance company. The Company 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).