Chimera Investment Co. (NYSE:CIM) Shares Bought by Raymond James & Associates

Raymond James & Associates grew its holdings in Chimera Investment Co. (NYSE:CIM) by 29.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 59,634 shares of the real estate investment trust’s stock after buying an additional 13,540 shares during the quarter. Raymond James & Associates’ holdings in Chimera Investment were worth $298,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. UBS Group AG grew its stake in shares of Chimera Investment by 53.3% during the 3rd quarter. UBS Group AG now owns 722,064 shares of the real estate investment trust’s stock worth $3,942,000 after purchasing an additional 251,085 shares during the period. Capital Investment Advisors LLC increased its holdings in Chimera Investment by 163.5% in the fourth quarter. Capital Investment Advisors LLC now owns 124,156 shares of the real estate investment trust’s stock valued at $620,000 after buying an additional 77,040 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Chimera Investment by 14.9% during 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 during the period. Natixis Advisors L.P. boosted its stake in shares of Chimera Investment by 1.2% during the 3rd quarter. Natixis Advisors L.P. now owns 226,787 shares of the real estate investment trust’s stock worth $1,238,000 after acquiring an additional 2,708 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Chimera Investment in the 3rd quarter worth approximately $165,000. 48.44% of the stock is currently owned by hedge funds and other institutional investors.

Chimera Investment Stock Performance

NYSE CIM opened at $4.19 on Monday. The business has a 50 day moving average price of $4.35 and a 200 day moving average price of $4.73. The company has a debt-to-equity ratio of 3.00, a current ratio of 0.12 and a quick ratio of 0.12. The company has a market capitalization of $1.01 billion, a P/E ratio of 18.22 and a beta of 1.68. Chimera Investment Co. has a 1-year low of $3.92 and a 1-year high of $6.49.

Chimera Investment Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 8th will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 10.50%. The ex-dividend date is Friday, April 5th. Chimera Investment’s dividend payout ratio (DPR) is presently 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.