SG Americas Securities LLC purchased a new position in Chimera Investment Co. (NYSE:CIM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,656 shares of the real estate investment trust’s stock, valued at approximately $145,000.

Other institutional investors have also bought and sold shares of the company. The Manufacturers Life Insurance Company raised its stake in shares of Chimera Investment by 5.5% during the second quarter. The Manufacturers Life Insurance Company now owns 6,580 shares of the real estate investment trust’s stock valued at $123,000 after acquiring an additional 341 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Chimera Investment by 6.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,354 shares of the real estate investment trust’s stock valued at $156,000 after acquiring an additional 485 shares during the last quarter. Ffcm LLC raised its stake in shares of Chimera Investment by 99.8% during the second quarter. Ffcm LLC now owns 9,691 shares of the real estate investment trust’s stock valued at $183,000 after acquiring an additional 4,840 shares during the last quarter. Synovus Financial Corp raised its stake in shares of Chimera Investment by 3.3% during the second quarter. Synovus Financial Corp now owns 10,147 shares of the real estate investment trust’s stock valued at $194,000 after acquiring an additional 326 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of Chimera Investment during the second quarter valued at about $215,000. 50.67% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently commented on CIM shares. Barclays set a $18.00 price objective on shares of Chimera Investment and gave the company a “hold” rating in a research note on Tuesday, October 10th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $18.50 price objective on shares of Chimera Investment in a research note on Friday, October 6th. Finally, ValuEngine raised shares of Chimera Investment from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, December 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $18.83.

Chimera Investment Co. (NYSE CIM) opened at $19.20 on Thursday. Chimera Investment Co. has a one year low of $16.70 and a one year high of $20.90. The stock has a market cap of $3,610.00, a PE ratio of 5.91 and a beta of 0.91. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 2.72.

Chimera Investment (NYSE:CIM) last released its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.05. Chimera Investment had a net margin of 58.21% and a return on equity of 13.29%. The company had revenue of $156.46 million during the quarter, compared to the consensus estimate of $150.29 million. During the same period in the prior year, the firm earned $0.68 earnings per share. Chimera Investment’s revenue was up .3% on a year-over-year basis. analysts anticipate that Chimera Investment Co. will post 2.33 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 30th. Investors of record on Friday, December 29th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 10.42%. The ex-dividend date of this dividend is Thursday, December 28th. Chimera Investment’s payout ratio is currently 61.54%.

In related news, insider Mohit Marria purchased 6,625 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The stock was bought at an average cost of $17.89 per share, with a total value of $118,521.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.65% of the stock is owned by corporate insiders.

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Chimera Investment Company Profile

Chimera Investment Corporation is a real estate investment trust (REIT). The company is engaged in the business of investing in a portfolio of mortgage assets, including agency residential mortgage-backed security (RMBS), non-agency RMBS, agency commercial mortgage-backed securities (CMBS), residential mortgage loans and real estate related securities.

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Institutional Ownership by Quarter for Chimera Investment (NYSE:CIM)

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