PNC Financial Services Group Inc. Has $411,000 Holdings in CYS INVESTMENTS/SH SH (CYS)

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PNC Financial Services Group Inc. lowered its stake in CYS INVESTMENTS/SH SH (NYSE:CYS) by 45.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,131 shares of the real estate investment trust’s stock after selling 51,727 shares during the period. PNC Financial Services Group Inc.’s holdings in CYS INVESTMENTS/SH SH were worth $411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Northern Trust Corp raised its position in shares of CYS INVESTMENTS/SH SH by 0.4% during the 1st quarter. Northern Trust Corp now owns 1,849,399 shares of the real estate investment trust’s stock worth $12,427,000 after acquiring an additional 7,026 shares in the last quarter. Swiss National Bank raised its position in shares of CYS INVESTMENTS/SH SH by 3.8% during the 4th quarter. Swiss National Bank now owns 258,500 shares of the real estate investment trust’s stock worth $2,076,000 after acquiring an additional 9,400 shares in the last quarter. New York State Common Retirement Fund raised its position in shares of CYS INVESTMENTS/SH SH by 7.3% during the 1st quarter. New York State Common Retirement Fund now owns 165,200 shares of the real estate investment trust’s stock worth $1,110,000 after acquiring an additional 11,200 shares in the last quarter. Guggenheim Capital LLC raised its position in shares of CYS INVESTMENTS/SH SH by 1.9% during the 4th quarter. Guggenheim Capital LLC now owns 619,331 shares of the real estate investment trust’s stock worth $4,972,000 after acquiring an additional 11,388 shares in the last quarter. Finally, Comerica Bank raised its position in shares of CYS INVESTMENTS/SH SH by 3.9% during the 1st quarter. Comerica Bank now owns 338,871 shares of the real estate investment trust’s stock worth $2,237,000 after acquiring an additional 12,667 shares in the last quarter. 60.65% of the stock is currently owned by institutional investors.

Separately, ValuEngine lowered CYS INVESTMENTS/SH SH from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. CYS INVESTMENTS/SH SH presently has a consensus rating of “Hold” and an average target price of $8.50.

CYS INVESTMENTS/SH SH opened at $7.52 on Monday, MarketBeat.com reports. The company has a market cap of $1.17 billion, a P/E ratio of 7.75 and a beta of 0.37. CYS INVESTMENTS/SH SH has a 52-week low of $6.25 and a 52-week high of $8.86.

CYS INVESTMENTS/SH SH (NYSE:CYS) last released its quarterly earnings results on Wednesday, April 25th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.02. The firm had revenue of $47.56 million for the quarter, compared to the consensus estimate of $43.70 million. CYS INVESTMENTS/SH SH had a return on equity of 12.54% and a net margin of 13.13%. The firm’s quarterly revenue was down 35.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.28 EPS.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 11th. Investors of record on Friday, June 22nd will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, June 21st. This represents a $0.88 dividend on an annualized basis and a yield of 11.70%.

About CYS INVESTMENTS/SH SH

CYS Investments, Inc operates as a specialty finance company in the United States. It invests in residential mortgage-backed securities that are issued, and the principal and interest of which are guaranteed by a federally chartered corporation; and debt securities issued by the United States Department of Treasury.

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Institutional Ownership by Quarter for CYS INVESTMENTS/SH SH (NYSE:CYS)

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