Barclays PLC Purchases 22,764 Shares of Chimera Investment Co. (NYSE:CIM)

Barclays PLC boosted its holdings in shares of Chimera Investment Co. (NYSE:CIM - Free Report) by 12.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 206,059 shares of the real estate investment trust's stock after purchasing an additional 22,764 shares during the period. Barclays PLC owned about 0.25% of Chimera Investment worth $2,885,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Virtu Financial LLC purchased a new position in shares of Chimera Investment during the 3rd quarter worth approximately $186,000. Franklin Resources Inc. lifted its position in Chimera Investment by 10.1% during the third quarter. Franklin Resources Inc. now owns 85,236 shares of the real estate investment trust's stock valued at $1,302,000 after buying an additional 7,825 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Chimera Investment during the 4th quarter valued at $253,000. SG Americas Securities LLC increased its stake in shares of Chimera Investment by 39.2% in the 4th quarter. SG Americas Securities LLC now owns 21,138 shares of the real estate investment trust's stock worth $296,000 after acquiring an additional 5,951 shares in the last quarter. Finally, Manning & Napier Advisors LLC lifted its position in Chimera Investment by 66.7% during the 4th quarter. Manning & Napier Advisors LLC now owns 100,000 shares of the real estate investment trust's stock valued at $1,400,000 after acquiring an additional 40,000 shares during the period. 48.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports 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 reiterated a "market perform" rating on shares of Chimera Investment in a research note on Thursday, January 23rd. Finally, StockNews.com downgraded Chimera Investment from a "buy" rating to a "hold" rating in a report on Thursday, February 13th.

Insider Buying and Selling

In related news, Director Gerard Creagh purchased 12,500 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were purchased at an average price of $13.31 per share, with a total value of $166,375.00. Following the acquisition, the director now directly owns 138,127 shares in the company, valued at $1,838,470.37. The trade was a 9.95 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.91% of the stock is owned by corporate insiders.

Chimera Investment Stock Up 1.6 %

Shares of NYSE CIM traded up $0.19 during midday trading on Friday, hitting $12.35. The stock had a trading volume of 333,215 shares, compared to its average volume of 601,423. The business's 50 day moving average is $12.57 and its 200-day moving average is $13.94. Chimera Investment Co. has a 52 week low of $9.85 and a 52 week high of $16.89. The company has a quick ratio of 3.03, a current ratio of 0.06 and a debt-to-equity ratio of 2.82. The company has a market cap of $999.40 million, a P/E ratio of 11.43 and a beta of 1.47.

Chimera Investment (NYSE:CIM - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.10). Chimera Investment had a net margin of 20.28% and a return on equity of 7.00%. As a group, analysts predict that Chimera Investment Co. will post 1.57 EPS for the current year.

Chimera Investment Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 31st were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.48 annualized dividend and a yield of 11.98%. Chimera Investment's payout ratio is 137.04%.

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.