Chimera Investment Co. (NYSE:CIM) Stock Holdings Lifted by Invesco Ltd.

Invesco Ltd. increased its position in shares of Chimera Investment Co. (NYSE:CIM) by 7.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 115,228 shares of the real estate investment trust’s stock after acquiring an additional 7,604 shares during the quarter. Invesco Ltd. owned 0.14% of Chimera Investment worth $1,613,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CIM. Atria Investments Inc lifted its stake in Chimera Investment by 18.1% in the 4th quarter. Atria Investments Inc now owns 19,672 shares of the real estate investment trust’s stock worth $275,000 after acquiring an additional 3,018 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in shares of Chimera Investment in the fourth quarter worth approximately $56,000. Hillsdale Investment Management Inc. acquired a new stake in shares of Chimera Investment during the fourth quarter worth approximately $65,000. SG Americas Securities LLC grew its position in Chimera Investment by 39.2% during the fourth quarter. SG Americas Securities LLC now owns 21,138 shares of the real estate investment trust’s stock valued at $296,000 after purchasing an additional 5,951 shares in the last quarter. Finally, Virtu Financial LLC increased its stake in Chimera Investment by 60.4% in the 4th quarter. Virtu Financial LLC now owns 18,845 shares of the real estate investment trust’s stock valued at $264,000 after buying an additional 7,094 shares during the period. Institutional investors and hedge funds own 48.44% of the company’s stock.

Insider Activity

In related news, Director Gerard Creagh bought 12,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired at an average price of $13.31 per share, with a total value of $166,375.00. Following the completion of the transaction, the director now owns 138,127 shares of the company’s stock, valued at $1,838,470.37. The trade was a 9.95 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.91% of the stock is currently owned by company insiders.

Chimera Investment Price Performance

Shares of NYSE:CIM opened at $12.29 on Wednesday. The company has a debt-to-equity ratio of 2.82, a current ratio of 0.06 and a quick ratio of 3.03. The stock has a market capitalization of $994.54 million, a P/E ratio of 11.38 and a beta of 1.47. The business has a 50-day moving average of $12.66 and a two-hundred day moving average of $14.00. Chimera Investment Co. has a fifty-two week low of $9.85 and a fifty-two week high of $16.89.

Chimera Investment (NYSE:CIM) last announced its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.10). Chimera Investment had a return on equity of 7.00% and a net margin of 20.28%. On average, equities research analysts predict that Chimera Investment Co. will post 1.57 EPS for the current fiscal year.

Chimera Investment Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 12.04%. The ex-dividend date is Monday, March 31st. Chimera Investment’s dividend payout ratio (DPR) is 137.04%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Royal Bank of Canada upgraded shares of Chimera Investment to a “moderate buy” rating in a report on Friday, March 14th. JMP Securities reaffirmed a “market perform” rating on shares of Chimera Investment in a research report on Thursday, January 23rd. Finally, StockNews.com downgraded Chimera Investment from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th.

Chimera Investment 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.