Chimera Investment Co. (NYSE:CIM) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC boosted its holdings in Chimera Investment Co. (NYSE:CIM) by 46.2% in the 3rd quarter, Holdings Channel reports. The firm owned 85,996 shares of the real estate investment trust’s stock after purchasing an additional 27,190 shares during the period. Natixis Advisors LLC’s holdings in Chimera Investment were worth $1,361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. ProShare Advisors LLC raised its stake in shares of Chimera Investment by 8.5% during the first quarter. ProShare Advisors LLC now owns 40,895 shares of the real estate investment trust’s stock worth $189,000 after purchasing an additional 3,218 shares during the last quarter. Vanguard Group Inc. raised its position in Chimera Investment by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 23,107,649 shares of the real estate investment trust’s stock worth $106,526,000 after buying an additional 459,838 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Chimera Investment by 4.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 189,305 shares of the real estate investment trust’s stock worth $873,000 after acquiring an additional 8,656 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Chimera Investment in the first quarter valued at about $72,000. Finally, Bayesian Capital Management LP acquired a new position in shares of Chimera Investment during the first quarter worth about $116,000. Institutional investors and hedge funds own 48.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on CIM. Keefe, Bruyette & Woods boosted their target price on Chimera Investment from $15.00 to $16.00 and gave the stock a “market perform” rating in a research report on Thursday, August 8th. StockNews.com lowered Chimera Investment from a “buy” rating to a “hold” rating in a report on Thursday, August 15th.

Chimera Investment Stock Down 0.6 %

Shares of NYSE:CIM opened at $14.82 on Wednesday. The company has a debt-to-equity ratio of 3.93, a quick ratio of 3.03 and a current ratio of 3.03. Chimera Investment Co. has a 1 year low of $11.28 and a 1 year high of $16.89. The stock has a 50-day simple moving average of $15.42 and a 200-day simple moving average of $14.62. The stock has a market capitalization of $1.20 billion, a P/E ratio of 4.50 and a beta of 1.73.

Chimera Investment (NYSE:CIM) last issued its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). The firm had revenue of $195.30 million during the quarter, compared to analyst estimates of $69.90 million. Chimera Investment had a return on equity of 7.69% and a net margin of 46.48%. During the same quarter in the prior year, the firm earned $0.39 EPS. Equities analysts forecast that Chimera Investment Co. will post 1.5 earnings per share for the current year.

Chimera Investment Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Monday, September 30th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 9.99%. This is a positive change from Chimera Investment’s previous quarterly dividend of $0.35. The ex-dividend date was Monday, September 30th. Chimera Investment’s payout ratio is presently 44.85%.

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.