Nisa Investment Advisors LLC Decreases Holdings in Chimera Investment Co. (NYSE:CIM)

Nisa Investment Advisors LLC trimmed its holdings in shares of Chimera Investment Co. (NYSE:CIM) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 130,030 shares of the real estate investment trust’s stock after selling 11,001 shares during the period. Nisa Investment Advisors LLC’s holdings in Chimera Investment were worth $649,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its position in Chimera Investment by 0.9% during the 2nd quarter. LPL Financial LLC now owns 121,754 shares of the real estate investment trust’s stock worth $1,074,000 after purchasing an additional 1,096 shares during the period. Mackenzie Financial Corp boosted its position in Chimera Investment by 6.4% during the 1st quarter. Mackenzie Financial Corp now owns 24,728 shares of the real estate investment trust’s stock worth $298,000 after purchasing an additional 1,493 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in Chimera Investment by 0.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 319,647 shares of the real estate investment trust’s stock worth $1,669,000 after purchasing an additional 1,558 shares during the period. Thrivent Financial for Lutherans boosted its position in Chimera Investment by 2.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 74,942 shares of the real estate investment trust’s stock worth $391,000 after purchasing an additional 1,600 shares during the period. Finally, Bank of Montreal Can boosted its position in Chimera Investment by 14.1% during the 2nd quarter. Bank of Montreal Can now owns 13,044 shares of the real estate investment trust’s stock worth $121,000 after purchasing an additional 1,611 shares during the period. 48.44% of the stock is owned by hedge funds and other institutional investors.

Chimera Investment Stock Down 1.6 %

Shares of Chimera Investment stock opened at $3.97 on Wednesday. Chimera Investment Co. has a twelve month low of $3.92 and a twelve month high of $6.49. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 3.00. The stock has a market cap of $956.99 million, a price-to-earnings ratio of 17.24 and a beta of 1.68. The company has a fifty day moving average price of $4.42 and a 200 day moving average price of $4.79.

Chimera Investment Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 8th will be issued a $0.11 dividend. The ex-dividend date is Friday, April 5th. This represents a $0.44 dividend on an annualized basis and a yield of 11.10%. Chimera Investment’s dividend payout ratio is currently 191.30%.

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.