Moloney Securities Asset Management LLC Has $159,000 Stock Position in Chimera Investment Corporation $CIM

Moloney Securities Asset Management LLC lifted its position in Chimera Investment Corporation (NYSE:CIM) by 13.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,447 shares of the real estate investment trust’s stock after buying an additional 1,367 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Chimera Investment were worth $159,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. CWM LLC lifted its stake in shares of Chimera Investment by 508.4% in the second quarter. CWM LLC now owns 5,196 shares of the real estate investment trust’s stock worth $72,000 after buying an additional 4,342 shares during the last quarter. Sigma Planning Corp acquired a new stake in shares of Chimera Investment in the first quarter worth $131,000. Motiv8 Investments LLC lifted its stake in shares of Chimera Investment by 15.2% in the second quarter. Motiv8 Investments LLC now owns 11,747 shares of the real estate investment trust’s stock worth $163,000 after buying an additional 1,552 shares during the last quarter. Strs Ohio acquired a new stake in shares of Chimera Investment in the first quarter worth $194,000. Finally, Dynamic Technology Lab Private Ltd lifted its stake in shares of Chimera Investment by 36.1% in the first quarter. Dynamic Technology Lab Private Ltd now owns 16,568 shares of the real estate investment trust’s stock worth $213,000 after buying an additional 4,399 shares during the last quarter. 48.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CIM has been the subject of a number of analyst reports. UBS Group boosted their price objective on shares of Chimera Investment from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Thursday, July 10th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Chimera Investment in a research note on Friday. Wall Street Zen cut shares of Chimera Investment from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Finally, Keefe, Bruyette & Woods cut their target price on shares of Chimera Investment from $16.50 to $15.00 and set a “market perform” rating for the company in a research note on Thursday, July 10th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $15.50.

Chimera Investment Trading Up 0.9%

Shares of CIM stock opened at $13.06 on Monday. Chimera Investment Corporation has a 52-week low of $9.85 and a 52-week high of $15.97. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 10.36 and a beta of 1.85. The company has a debt-to-equity ratio of 4.47, a quick ratio of 4.14 and a current ratio of 4.14. The firm has a fifty day moving average of $13.65 and a 200-day moving average of $13.37.

Chimera Investment (NYSE:CIM) last announced its quarterly earnings data on Monday, March 6th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter. Chimera Investment had a net margin of 21.93% and a return on equity of 7.28%. The company had revenue of ($60.05) million during the quarter. On average, equities research analysts forecast that Chimera Investment Corporation will post 1.57 earnings per share for the current fiscal year.

Chimera Investment Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be paid a $0.37 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 11.3%. Chimera Investment’s dividend payout ratio is currently 117.46%.

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.