Chimera Investment Co. (NYSE:CIM) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. cut its stake in shares of Chimera Investment Co. (NYSE:CIM) by 15.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 50,312 shares of the real estate investment trust’s stock after selling 8,997 shares during the period. Atria Wealth Solutions Inc.’s holdings in Chimera Investment were worth $251,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CIM. Wolverine Asset Management LLC grew its position in shares of Chimera Investment by 261.9% during the fourth quarter. Wolverine Asset Management LLC now owns 1,141,057 shares of the real estate investment trust’s stock worth $5,694,000 after buying an additional 825,743 shares in the last quarter. UBS Group AG grew its position in shares of Chimera Investment by 53.3% during the third quarter. UBS Group AG now owns 722,064 shares of the real estate investment trust’s stock worth $3,942,000 after buying an additional 251,085 shares in the last quarter. Advisors Asset Management Inc. grew its position in shares of Chimera Investment by 6.5% during the third quarter. Advisors Asset Management Inc. now owns 1,805,721 shares of the real estate investment trust’s stock worth $9,859,000 after buying an additional 110,303 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Chimera Investment by 4.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,400,128 shares of the real estate investment trust’s stock worth $13,105,000 after buying an additional 103,416 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of Chimera Investment by 452.7% during the fourth quarter. International Assets Investment Management LLC now owns 123,852 shares of the real estate investment trust’s stock worth $6,180,000 after buying an additional 101,442 shares in the last quarter. 48.44% of the stock is owned by institutional investors and hedge funds.

Chimera Investment Stock Performance

Shares of Chimera Investment stock opened at $4.72 on Friday. Chimera Investment Co. has a one year low of $3.92 and a one year high of $6.49. The company has a market cap of $1.14 billion, a PE ratio of 20.50 and a beta of 1.68. The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.12 and a current ratio of 0.12. The business has a 50-day simple moving average of $4.34 and a 200-day simple moving average of $4.69.

Chimera Investment Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Monday, April 8th were issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 9.33%. The ex-dividend date was Friday, April 5th. Chimera Investment’s dividend payout ratio (DPR) is 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.