Ruggie Capital Group Buys Shares of 17,600 CYS Investments, Inc. (CYS)

Ruggie Capital Group bought a new position in CYS Investments, Inc. (NYSE:CYS) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 17,600 shares of the real estate investment trust’s stock, valued at approximately $148,000.

Other institutional investors have also modified their holdings of the company. Formidable Asset Management LLC acquired a new position in shares of CYS Investments during the first quarter worth about $114,000. Stratos Wealth Partners LTD. boosted its position in shares of CYS Investments by 7.2% in the second quarter. Stratos Wealth Partners LTD. now owns 14,203 shares of the real estate investment trust’s stock worth $119,000 after buying an additional 950 shares in the last quarter. Koch Industries Inc. acquired a new position in shares of CYS Investments during the first quarter worth about $121,000. Mackenzie Financial Corp boosted its position in shares of CYS Investments by 48.8% in the first quarter. Mackenzie Financial Corp now owns 18,734 shares of the real estate investment trust’s stock worth $149,000 after buying an additional 6,144 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new position in shares of CYS Investments during the second quarter worth about $151,000. 63.37% of the stock is currently owned by hedge funds and other institutional investors.

CYS Investments, Inc. (CYS) opened at 8.72 on Thursday. The firm has a 50-day moving average of $8.51 and a 200-day moving average of $8.21. The company’s market cap is $1.32 billion. CYS Investments, Inc. has a one year low of $7.42 and a one year high of $9.14.

CYS Investments (NYSE:CYS) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.02. CYS Investments had a negative net margin of 5.86% and a positive return on equity of 12.69%. The business had revenue of $50.91 million for the quarter, compared to analyst estimates of $69.70 million. During the same period in the previous year, the business earned $0.26 EPS. On average, analysts predict that CYS Investments, Inc. will post $1.04 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 12th. Stockholders of record on Thursday, June 22nd were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, June 20th. This represents a $1.00 annualized dividend and a dividend yield of 11.47%. CYS Investments’s dividend payout ratio (DPR) is currently -400.00%.

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A number of equities analysts have issued reports on the stock. Keefe, Bruyette & Woods set a $8.00 target price on shares of CYS Investments and gave the stock a “hold” rating in a report on Saturday, May 27th. BidaskClub cut shares of CYS Investments from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Finally, Zacks Investment Research raised shares of CYS Investments from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Two investment analysts have rated the stock with a sell rating and five have given a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $8.35.

In other news, Director David A. Tyson sold 5,950 shares of CYS Investments stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $8.50, for a total transaction of $50,575.00. Following the sale, the director now directly owns 22,603 shares in the company, valued at approximately $192,125.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.04% of the stock is currently owned by insiders.

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.

Want to see what other hedge funds are holding CYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CYS Investments, Inc. (NYSE:CYS).

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

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