Barclays PLC Acquires 137,655 Shares of Chimera Investment Co. (NYSE:CIM)

Barclays PLC grew its holdings in shares of Chimera Investment Co. (NYSE:CIM) by 301.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 183,295 shares of the real estate investment trust’s stock after buying an additional 137,655 shares during the period. Barclays PLC owned approximately 0.23% of Chimera Investment worth $2,901,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quarry LP lifted its position in shares of Chimera Investment by 1,188.3% during the 2nd quarter. Quarry LP now owns 2,203 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 2,032 shares during the period. Prospera Private Wealth LLC acquired a new position in shares of Chimera Investment during the third quarter valued at about $65,000. Simplify Asset Management Inc. bought a new position in shares of Chimera Investment during the 3rd quarter worth about $158,000. Marshall Wace LLP bought a new stake in Chimera Investment in the 2nd quarter valued at about $217,000. Finally, Moloney Securities Asset Management LLC raised its stake in Chimera Investment by 14.1% during the 3rd 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 period. 48.44% of the stock is currently owned by institutional investors.

Chimera Investment Trading Up 0.7 %

Shares of Chimera Investment stock opened at $14.37 on Wednesday. The stock has a market capitalization of $1.16 billion, a PE ratio of 4.35 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 stock has a 50 day moving average price of $15.00 and a two-hundred day moving average price of $14.77. 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 announced 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 net margin of 46.48% and a return on equity of 7.69%. The business had revenue of $195.30 million for the quarter, compared to the consensus estimate of $69.90 million. During the same quarter last year, the firm posted $0.39 EPS. As a group, equities analysts anticipate that Chimera Investment Co. will post 1.47 earnings per share for the current fiscal year.

Chimera Investment Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.37 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.48 dividend on an annualized basis and a yield of 10.30%. Chimera Investment’s dividend payout ratio (DPR) is currently 44.85%.

Insiders Place Their Bets

In other news, CIO Jack Lee Macdowell, Jr. acquired 50,000 shares of the business’s stock in a transaction on Monday, December 9th. The shares were purchased at an average cost of $14.91 per share, with a total value of $745,500.00. Following the acquisition, the executive now directly owns 100,000 shares of the company’s stock, valued at $1,491,000. The trade was a 100.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.91% of the company’s stock.

Chimera Investment Company 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.