News articles about CYS Investments (NYSE:CYS) have trended very positive this week, according to AlphaOne. AlphaOne, a unit of Accern, identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CYS Investments earned a media sentiment score of 0.56 on AlphaOne’s scale. AlphaOne also gave media stories about the real estate investment trust an impact score of 33 out of 100, meaning that recent press coverage is unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the media headlines that may have effected AlphaOne’s analysis:
- Research Reports Coverage on REIT Stocks — CyrusOne, CYS Investments, National Retail Properties, – PR Newswire (press release) (prnewswire.com)
- CYS INVESTMENTS, INC. : Submission of Matters to a Vote of Security Holders (form 8-K) (4-traders.com)
- Zacks Investment Research Downgrades CYS Investments Inc (CYS) to Hold (americanbankingnews.com)
- Should Value Investors Pick CYS Investments (CYS) Stock? – Nasdaq (nasdaq.com)
Shares of CYS Investments (NYSE:CYS) traded up 0.86% during midday trading on Friday, hitting $8.21. 851,962 shares of the stock were exchanged. The firm has a 50-day moving average of $8.25 and a 200-day moving average of $7.99. CYS Investments has a 1-year low of $7.42 and a 1-year high of $9.21. The company’s market capitalization is $1.25 billion.
CYS Investments (NYSE:CYS) last announced its earnings results on Wednesday, April 19th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.03. CYS Investments had a return on equity of 10.85% and a net margin of 77.50%. The firm had revenue of $73.30 million for the quarter, compared to analyst estimates of $74.83 million. During the same quarter last year, the firm posted $0.27 EPS. The business’s revenue was down 10.1% on a year-over-year basis. On average, equities analysts expect that CYS Investments will post $1.01 EPS for the current year.
CYS has been the topic of a number of analyst reports. Zacks Investment Research raised shares of CYS Investments from a “hold” rating to a “buy” rating and set a $8.50 target price on the stock in a report on Thursday, February 2nd. Wells Fargo & Co lowered shares of CYS Investments from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 11th. They noted that the move was a valuation call. TheStreet lowered shares of CYS Investments from a “c” rating to a “d+” rating in a report on Thursday, February 16th. Finally, Barclays PLC set a $8.00 target price on shares of CYS Investments and gave the stock a “hold” rating in a report on Saturday, February 18th. Two research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $8.67.
In related news, CEO Kevin E. Grant sold 175,389 shares of the firm’s stock in a transaction dated Monday, April 24th. The stock was sold at an average price of $8.47, for a total transaction of $1,485,544.83. Following the completion of the sale, the chief executive officer now directly owns 610,640 shares of the company’s stock, valued at approximately $5,172,120.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is currently owned by company insiders.
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.
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