Xact Kapitalforvaltning AB Acquires New Holdings in CYS Investments (CYS)

Xact Kapitalforvaltning AB acquired a new stake in shares of CYS Investments (NYSE:CYS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,836 shares of the real estate investment trust’s stock, valued at approximately $215,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. American International Group Inc. lifted its holdings in CYS Investments by 8.1% during the third quarter. American International Group Inc. now owns 101,592 shares of the real estate investment trust’s stock valued at $878,000 after purchasing an additional 7,596 shares during the last quarter. Swiss National Bank lifted its holdings in CYS Investments by 3.8% during the fourth quarter. Swiss National Bank now owns 258,500 shares of the real estate investment trust’s stock valued at $2,076,000 after purchasing an additional 9,400 shares during the last quarter. Great West Life Assurance Co. Can lifted its holdings in CYS Investments by 77.3% during the third quarter. Great West Life Assurance Co. Can now owns 22,615 shares of the real estate investment trust’s stock valued at $195,000 after purchasing an additional 9,859 shares during the last quarter. Guggenheim Capital LLC lifted its holdings in CYS Investments by 1.9% during the fourth quarter. Guggenheim Capital LLC now owns 619,331 shares of the real estate investment trust’s stock valued at $4,972,000 after purchasing an additional 11,388 shares during the last quarter. Finally, LSV Asset Management lifted its holdings in CYS Investments by 1.2% during the fourth quarter. LSV Asset Management now owns 1,207,300 shares of the real estate investment trust’s stock valued at $9,694,000 after purchasing an additional 14,200 shares during the last quarter. 62.73% of the stock is currently owned by institutional investors and hedge funds.

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CYS has been the topic of several recent research reports. ValuEngine downgraded shares of CYS Investments from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Compass Point upgraded CYS Investments from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 6th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $8.50.

Shares of CYS opened at $6.67 on Wednesday. CYS Investments has a twelve month low of $6.25 and a twelve month high of $8.98. The stock has a market cap of $1,026.29, a PE ratio of 6.55 and a beta of 0.33.

CYS Investments (NYSE:CYS) last announced its quarterly earnings results on Wednesday, February 14th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.02). CYS Investments had a net margin of 64.82% and a return on equity of 13.00%. The company had revenue of $46.18 million for the quarter, compared to the consensus estimate of $47.00 million. During the same quarter in the prior year, the company earned $0.24 earnings per share.

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 11th. Stockholders of record on Thursday, March 22nd were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 13.19%. The ex-dividend date was Wednesday, March 21st.

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About CYS Investments

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.

Institutional Ownership by Quarter for CYS Investments (NYSE:CYS)

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