Between this and the diversified investor report I am holding as well. I am in for a total of 1570 and going to hold for the end of 2015 unless I see something I don't like. Lets not forget about the share repurchase either that is still ongoing
"Wunderlich analyst Merrill Ross upgraded shares of CYS Investments (NYSE: CYS) from Hold to Buy and raised the price target from $9 to $11. Ross wrote, "We expect CYS to seize the moment to rebuild its investment portfolio to about $19 billion by year-end 2014 at a low basis that can support higher returns." For full-year 2014 Ross has raised the firm's EPS estimate to $1.49 and made a preliminary estimate for 2015 of $1.93. Following the release of the note, shares of CYS Investments are up 1.5 percent to $9.14."
Preliminary EPS estimates of $1.93????? Wholy F! I was planning on selling a good amount this quarter but now I am considering holding til 2015. CYS has outperformed all of my expectations since I first bought it last August.
Lets see. Book Value was 9.72 now 10.31 that is .59 better after dividend payments and the pps today is only up a dime? Give me a break. IMHO CYS should be at least 9.50 at a minimum looking at apples to apples.
Thy were a little under on the net avavliable to shareholders but they are good with the target and with the increase in book value. Now lets see if the rest comes to fruition with what they wrote about divvy increase and a special dividend
Nice Report. Looks like they were on with their target
Looks like they were a little light .95 per share available to shareholders
looks like they were light on earnings .95 = .885 in a divvy coming to us somewhere unless they use part to buy back more shares than planned
I'm quite happy with the results, especially the increase in GAAP book value. Did anyone listen in on the conference call?
.68 a share and a divvy increase very interesting read and I like how they broke down aspects of the CYS portfolio but hoping their prediction is right.
Sentiment: Strong Buy
I agree. Much better answer than mine. I already own a good amount of shares as I was able to get some for less than $7. My position is good so I am not adding at these levels but there is definitely money to be made.
You are as short-sighted, uninformed, obtuse, and idiotic of a lib-tard as they come.......Allow me to remind you that GW inherited a super-progressive initiative set forth by Clinton and his ilk (Cuomo, Barney, Dodd, et al) in pushing "affordable" home ownership to low income folks by allowing lax-lending/banking policies, and enabling Fannie Mae & Freddie mac to back risky subprime loans to allow the Countrywide's and Wells Fargo's to compete in the subprime lending arena. ****Bush admin had sounded the alarm and had pushed for tighter banking/lending regulations and for Fannie to be excluded from the risky lending market. But the likes of the libtard dems who count on the low income folks for their votes, steadfastly pushed for Fannie to stay in it, ultimately resulting in the banking/financial collapse and its repercussions.....Before that I also recall 9/11....whose blood was moreso on Clintons hands if he had a set of balls to go after Bin Laden when he had the clear chance...Instead he was more preoccupied to have his balls on Monica's chin instead !!! And that if I recall led to just as bad of a recession as the recent one. Id like to see what Obozo would have done under those circumstances....perhaps speech us all to death !!!! PS economy is NOT improving.....Reagan had the economy pumping 3 yrs after Carter's mess of an economy...worst than this past one.