Jane Street Group LLC Buys 6,803 Shares of Chimera Investment Co. (NYSE:CIM)

Jane Street Group LLC increased its position in shares of Chimera Investment Co. (NYSE:CIM) by 5.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,001 shares of the real estate investment trust’s stock after purchasing an additional 6,803 shares during the quarter. Jane Street Group LLC owned approximately 0.17% of Chimera Investment worth $2,232,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of CIM. Quarry LP increased its holdings in shares of Chimera Investment by 1,188.3% in the second quarter. Quarry LP now owns 2,203 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 2,032 shares in the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of Chimera Investment during the 3rd quarter worth approximately $65,000. Simplify Asset Management Inc. acquired a new position in Chimera Investment in the third quarter valued at approximately $158,000. Marshall Wace LLP bought a new position in shares of Chimera Investment in the 2nd quarter worth $217,000. Finally, Moloney Securities Asset Management LLC boosted its holdings in Chimera Investment by 14.1% during the third quarter. Moloney Securities Asset Management LLC now owns 13,913 shares of the real estate investment trust’s stock worth $220,000 after buying an additional 1,719 shares during the last quarter. Institutional investors and hedge funds own 48.44% of the company’s stock.

Chimera Investment Stock Down 0.8 %

Shares of NYSE CIM opened at $14.27 on Tuesday. The firm has a 50 day moving average price of $15.02 and a 200 day moving average price of $14.75. The stock has a market cap of $1.15 billion, a P/E ratio of 4.32 and a beta of 1.71. Chimera Investment Co. has a 52-week low of $11.28 and a 52-week high of $16.89. The company has a debt-to-equity ratio of 3.93, a quick ratio of 3.03 and a current ratio of 3.03.

Chimera Investment (NYSE:CIM) last released its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). Chimera Investment had a return on equity of 7.69% and a net margin of 46.48%. The business had revenue of $195.30 million for the quarter, compared to analyst estimates of $69.90 million. During the same period in the prior year, the business earned $0.39 EPS. Analysts expect that Chimera Investment Co. will post 1.47 EPS for the current year.

Chimera Investment Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 10.37%. The ex-dividend date of this dividend is Tuesday, December 31st. Chimera Investment’s payout ratio is presently 44.85%.

Insider Transactions at Chimera Investment

In other Chimera Investment news, CIO Jack Lee Macdowell, Jr. acquired 50,000 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were acquired at an average price of $14.91 per share, with a total value of $745,500.00. Following the completion of the transaction, the executive now directly owns 100,000 shares in the company, valued at $1,491,000. This trade represents a 100.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.91% of the stock is owned by insiders.

Chimera Investment Profile

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency residential mortgage-backed securities, non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, business purpose and investor loans, and other real estate related securities.