International Assets Investment Management LLC Has $6.18 Million Holdings in Chimera Investment Co. (NYSE:CIM)

International Assets Investment Management LLC lifted its position in Chimera Investment Co. (NYSE:CIM) by 452.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 123,852 shares of the real estate investment trust’s stock after buying an additional 101,442 shares during the period. International Assets Investment Management LLC’s holdings in Chimera Investment were worth $6,180,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Visionary Horizons LLC bought a new position in Chimera Investment during the 4th quarter worth about $50,000. Oak Thistle LLC bought a new position in shares of Chimera Investment in the 4th quarter valued at about $56,000. Global Retirement Partners LLC grew its holdings in shares of Chimera Investment by 148.4% in the 4th quarter. Global Retirement Partners LLC now owns 51,477 shares of the real estate investment trust’s stock valued at $254,000 after acquiring an additional 30,757 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Chimera Investment by 29.4% in the 4th quarter. Raymond James & Associates now owns 59,634 shares of the real estate investment trust’s stock valued at $298,000 after acquiring an additional 13,540 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of Chimera Investment by 14.9% in the 4th quarter. SG Americas Securities LLC now owns 127,699 shares of the real estate investment trust’s stock valued at $637,000 after acquiring an additional 16,540 shares in the last quarter. Institutional investors own 48.44% of the company’s stock.

Chimera Investment Price Performance

Shares of NYSE CIM opened at $4.08 on Monday. The stock has a market capitalization of $984.75 million, a price-to-earnings ratio of 17.74 and a beta of 1.68. The business has a 50-day moving average of $4.44 and a 200-day moving average of $4.81. The company has a debt-to-equity ratio of 3.00, a current ratio of 0.12 and a quick ratio of 0.12. Chimera Investment Co. has a fifty-two week low of $4.04 and a fifty-two week high of $6.49.

Chimera Investment Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 8th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 10.78%. The ex-dividend date is Friday, April 5th. Chimera Investment’s payout ratio is 191.30%.

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.