Stifel Financial Corp Has $305,000 Holdings in Chimera Investment Co. (NYSE:CIM)

Stifel Financial Corp decreased its position in shares of Chimera Investment Co. (NYSE:CIM) by 4.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,249 shares of the real estate investment trust’s stock after selling 876 shares during the period. Stifel Financial Corp’s holdings in Chimera Investment were worth $305,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Quarry LP boosted its stake in 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 worth $28,000 after purchasing an additional 2,032 shares in the last quarter. Prospera Private Wealth LLC acquired a new position in Chimera Investment during the 3rd quarter worth about $65,000. Simplify Asset Management Inc. acquired a new position in Chimera Investment during the 3rd quarter worth about $158,000. Moloney Securities Asset Management LLC grew its holdings 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 acquiring an additional 1,719 shares during the last quarter. Finally, Creative Planning acquired a new stake in Chimera Investment in the 3rd quarter valued at about $231,000. Institutional investors own 48.44% of the company’s stock.

Insider Buying and Selling at Chimera Investment

In other Chimera Investment news, CIO Jack Lee Macdowell, Jr. acquired 50,000 shares of the company’s stock in a transaction that occurred on Friday, December 6th. The shares were acquired at an average price of $14.70 per share, with a total value of $735,000.00. Following the purchase, the executive now owns 50,000 shares of the company’s stock, valued at $735,000. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.91% of the company’s stock.

Chimera Investment Stock Down 0.8 %

NYSE CIM opened at $14.17 on Friday. 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 Co. has a 52 week low of $11.28 and a 52 week high of $16.89. The stock has a market capitalization of $1.15 billion, a P/E ratio of 4.29 and a beta of 1.71. The stock has a fifty day moving average of $14.89 and a 200-day moving average of $14.78.

Chimera Investment (NYSE:CIM) last released its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.36 earnings per share (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 analyst estimates of $69.90 million. During the same quarter in the previous year, the company posted $0.39 earnings per share. On average, equities research analysts forecast that Chimera Investment Co. will post 1.47 EPS for the current year.

Chimera Investment Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 10.44%. The ex-dividend date is Tuesday, December 31st. Chimera Investment’s dividend payout ratio is presently 44.85%.

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.