Chimera Investment Co. (NYSE:CIM) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in Chimera Investment Co. (NYSE:CIM) by 39.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,138 shares of the real estate investment trust’s stock after purchasing an additional 5,951 shares during the quarter. SG Americas Securities LLC’s holdings in Chimera Investment were worth $296,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in CIM. International Assets Investment Management LLC purchased a new stake in shares of Chimera Investment during the fourth quarter worth approximately $253,000. Franklin Resources Inc. raised its position in Chimera Investment by 10.1% during the 3rd quarter. Franklin Resources Inc. now owns 85,236 shares of the real estate investment trust’s stock worth $1,302,000 after buying an additional 7,825 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Chimera Investment in the 3rd quarter worth $186,000. Geode Capital Management LLC boosted its holdings in shares of Chimera Investment by 1.8% in the third quarter. Geode Capital Management LLC now owns 1,859,330 shares of the real estate investment trust’s stock valued at $29,439,000 after acquiring an additional 32,835 shares in the last quarter. Finally, Barclays PLC increased its stake in shares of Chimera Investment by 301.6% during the third quarter. Barclays PLC now owns 183,295 shares of the real estate investment trust’s stock worth $2,901,000 after acquiring an additional 137,655 shares during the period. 48.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, JMP Securities restated a “market perform” rating on shares of Chimera Investment in a research report on Thursday, January 23rd.

Chimera Investment Trading Down 0.3 %

Shares of CIM stock opened at $15.15 on Thursday. Chimera Investment Co. has a 1-year low of $11.28 and a 1-year high of $16.89. The company has a debt-to-equity ratio of 3.93, a current ratio of 3.03 and a quick ratio of 3.03. The business’s fifty day moving average price is $14.47 and its 200 day moving average price is $14.96. The firm has a market capitalization of $1.23 billion, a PE ratio of 4.59 and a beta of 1.71.

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

Chimera Investment Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were issued a $0.37 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.48 dividend on an annualized basis and a yield of 9.77%. Chimera Investment’s dividend payout ratio (DPR) is presently 44.85%.

Insider Activity

In other news, CIO Jack Lee Macdowell, Jr. purchased 50,000 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was acquired at an average price of $14.91 per share, with a total value of $745,500.00. Following the purchase, the executive now directly owns 100,000 shares of the company’s stock, valued at $1,491,000. This represents a 100.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.91% of the company’s stock.

About Chimera Investment

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.