CYS Investments Inc (NYSE:CYS) Gets Downgraded


Dallas, Texas 02/12/2014 (FINANCIALSTRENDS) – CYS Investments Inc (NYSE:CYS), the Waltham, MA based finance company is in the midst of a disappointing stock run. In a relative move, Zacks had downgraded the stock price from Neutral to Underperform. The target price for the stock is $8.00. This is downward revision in the region of 4.53%, from its current prices. The investment company has seen a slight 0.78% on Feb 11,2014. The volume trades had been in the range of 3.265,659 shares and a price of $8.445.

Earnings data release

CYS Investments Inc (NYSE:CYS) had on Feb11,2014, announced the earnings data. The EPS earnings were reported at $0.31 for the quarter. These values did beat the estimated earnings of consensus which was $0.24, by over $0.07. However in comparison to previous years’ earnings per share of $0.39, this year’s earnings were good.

CYS Investments Inc (NYSE:CYS) is the firm which offers special types of investment options for investors. The goal of the company is to ensure that the risk involved in the generation of income would be minimal. The core areas of operation for the company have been in the segment which has seen many instances of institutional manipulation of returns for profits – Residential Mortgage backed securities. Typically, CYS investment offer loans based on fixed rate single-family residential mortage loans spread over 15, 20 as well as 30 year time-frames.

CYS Investments Inc (NYSE:CYS) also offers Adjustable-rate mortgage loans or ARMs. These are usually offered as a series of coupon rates. These rates are then reset for each month. Alternatively, with the hybrid ARMs, the coupon rate is fixed for a particular or initial period. These will extend to periods suchas five, three, seven, ten years as well. After this the rates are reset from time to time, at intervals. Additionally, CYS Investments Inc (NYSE:CYS) prefers to operate as per the guidelines brought out by the government.