CYS Investments Inc. (NYSE:CYS) saw unusually-high trading volume on Friday . Approximately 874,824 shares changed hands during mid-day trading, a decline of 7% from the previous session’s volume of 937,244 shares.The stock last traded at $8.94 and had previously closed at $8.98.

CYS has been the topic of several research analyst reports. Zacks Investment Research upgraded CYS Investments from a “sell” rating to a “hold” rating in a research report on Friday, July 29th. Nomura boosted their price objective on CYS Investments from $8.50 to $9.00 and gave the company a “neutral” rating in a research report on Friday, July 29th. TheStreet upgraded CYS Investments from a “sell” rating to a “hold” rating in a research report on Thursday, July 28th. Compass Point boosted their price objective on CYS Investments from $8.50 to $9.00 and gave the company a “neutral” rating in a research report on Tuesday, August 2nd. Finally, Keefe, Bruyette & Woods boosted their price objective on CYS Investments from $8.65 to $9.25 and gave the company an “outperform” rating in a research report on Friday, July 29th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. CYS Investments currently has a consensus rating of “Hold” and a consensus price target of $8.56.

The company has a market cap of $1.35 billion and a P/E ratio of 10.16. The firm has a 50 day moving average of $8.85 and a 200 day moving average of $8.27.

CYS Investments (NYSE:CYS) last announced its quarterly earnings results on Thursday, July 28th. The real estate investment trust reported $0.26 earnings per share for the quarter, hitting the consensus estimate of $0.26. During the same period last year, the company earned $0.27 EPS. Equities analysts predict that CYS Investments Inc. will post $1.87 EPS for the current fiscal year.

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; 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 (approximately three, five, seven or 10 years).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.