CYS Investments (NYSE:CYS) : 8 analysts are covering CYS Investments (NYSE:CYS) and their average rating on the stock is 2.5, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. CYS Investments (NYSE:CYS) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
CYS Investments (NYSE:CYS) : The highest level CYS Investments (NYSE:CYS) is projected to reach is $9 for the short term and the lowest estimate is at $7. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $7.96 and the possibility the share price can swing is $0.84.
Company shares have received an average consensus rating of Hold for the current week Also, JMP Securities downgrades their rating on the shares of CYS Investments (NYSE:CYS). The current rating of the shares is Market Perform. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on April 22, 2016.
CYS Investments (NYSE:CYS): stock turned positive on Tuesday. Though the stock opened at $8.13, the bulls momentum made the stock top out at $8.29 level for the day. The stock recorded a low of $8.1 and closed the trading day at $8.28, in the green by 2.10%. The total traded volume for the day was 2,756,271. The stock had closed at $8.11 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Tyson David A, director of Cys Investments, Inc., had unloaded 3,500 shares at an average price of $8.04 in a transaction dated on April 29, 2016. The total value of the transaction was worth $28,140.
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 (primarily 10, 15, 20 or 30 years), and 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 (three, five, seven or 10 years). It invests principally in Agency RMBS, which are residential mortgage pass-through securities, the principal and interest of which are guaranteed by Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac) or Government National Mortgage Association (Ginnie Mae). In addition to Agency RMBS, the Company invests in the United States Treasuries.