Chimera Investment Co. (NYSE:CIM) Position Increased by Barclays PLC

Barclays PLC grew its position in Chimera Investment Co. (NYSE:CIM - Free Report) by 12.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 approximately 0.25% of Chimera Investment worth $2,885,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CIM. Sterling Capital Management LLC lifted its position in Chimera Investment by 4.9% during the fourth quarter. Sterling Capital Management LLC now owns 29,111 shares of the real estate investment trust's stock valued at $408,000 after buying an additional 1,357 shares in the last quarter. Atria Investments Inc lifted its holdings in shares of Chimera Investment by 18.1% during the 4th quarter. Atria Investments Inc now owns 19,672 shares of the real estate investment trust's stock valued at $275,000 after acquiring an additional 3,018 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in Chimera Investment during the 4th quarter worth $56,000. Hillsdale Investment Management Inc. acquired a new position in shares of Chimera Investment during the fourth quarter worth about $65,000. Finally, SG Americas Securities LLC boosted its position in shares of Chimera Investment by 39.2% in the fourth quarter. SG Americas Securities LLC now owns 21,138 shares of the real estate investment trust's stock worth $296,000 after buying an additional 5,951 shares during the period. Hedge funds and other institutional investors own 48.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CIM shares. Royal Bank of Canada raised Chimera Investment to a "moderate buy" rating in a research report on Friday, March 14th. StockNews.com lowered shares of Chimera Investment from a "buy" rating to a "hold" rating in a report on Thursday, February 13th. Finally, JMP Securities reiterated a "market perform" rating on shares of Chimera Investment in a report on Thursday, January 23rd.

Insider Activity at Chimera Investment

In other news, Director Gerard Creagh purchased 12,500 shares of the company's stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired at an average cost of $13.31 per share, with a total value of $166,375.00. Following the transaction, the director now owns 138,127 shares in the company, valued at approximately $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 owned by corporate insiders.

Chimera Investment Stock Down 0.8 %

NYSE CIM traded down $0.10 during mid-day trading on Monday, reaching $12.24. 31,902 shares of the company's stock traded hands, compared to its average volume of 612,856. The company has a current ratio of 0.06, a quick ratio of 3.03 and a debt-to-equity ratio of 2.82. Chimera Investment Co. has a 1-year low of $9.85 and a 1-year high of $16.89. The company has a fifty day simple moving average of $12.57 and a 200-day simple moving average of $13.91. The company has a market cap of $991.15 million, a price-to-earnings ratio of 11.35 and a beta of 1.76.

Chimera Investment (NYSE:CIM - Get Free Report) last issued its quarterly 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%. As a group, equities research analysts expect that Chimera Investment Co. will post 1.57 EPS for the current year.

Chimera Investment Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 31st were paid a $0.37 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.48 dividend on an annualized basis and a yield of 12.09%. Chimera Investment's dividend payout ratio (DPR) is 137.04%.

Chimera Investment Company 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.