CYS Investments Inc (CYS) reported quarterly earnings results on Wednesday, Jul-27-2016. The company reported $0.26 EPS for the quarter. Analysts had a consensus estimate of $0.26. Analysts expectations of $80.83 million. During the same quarter in the previous year, the company posted $0.27 EPS.
CYS Investments Inc opened for trading at $8.82 and hit $8.87 on the upside on Thursday, eventually ending the session at $8.85, with a gain of 0.34% or 0.03 points. The heightened volatility saw the trading volume jump to 11,12,082 shares. Company has a market cap of $1,341 M.
In a different news, on Apr 29, 2016, David A Tyson (director) sold 3,500 shares at $8.04 per share price. According to the SEC, on Nov 20, 2015, Jeffrey Hughes (director) sold 12,365 shares at $7.58 per share price. On Nov 17, 2015, Stephen P. Jonas (director) sold 74,992 shares at $7.51 per share price, according to the Form-4 filing with the securities and exchange commission.
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.