Chimera Investment Co. (NYSE:CIM) Shares Acquired by Virtu Financial LLC

Virtu Financial LLC increased its holdings in shares of Chimera Investment Co. (NYSE:CIM) by 60.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,845 shares of the real estate investment trust’s stock after purchasing an additional 7,094 shares during the quarter. Virtu Financial LLC’s holdings in Chimera Investment were worth $264,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Atria Investments Inc increased its position in shares of Chimera Investment by 18.1% in the fourth quarter. Atria Investments Inc now owns 19,672 shares of the real estate investment trust’s stock worth $275,000 after acquiring an additional 3,018 shares in the last quarter. SG Americas Securities LLC boosted its position in Chimera Investment by 39.2% during the 4th quarter. SG Americas Securities LLC now owns 21,138 shares of the real estate investment trust’s stock worth $296,000 after purchasing an additional 5,951 shares during the period. Jane Street Group LLC increased its holdings in Chimera Investment by 5.1% in the 3rd quarter. Jane Street Group LLC now owns 141,001 shares of the real estate investment trust’s stock valued at $2,232,000 after purchasing an additional 6,803 shares in the last quarter. D.A. Davidson & CO. raised its position in Chimera Investment by 12.2% in the third quarter. D.A. Davidson & CO. now owns 67,118 shares of the real estate investment trust’s stock valued at $1,020,000 after purchasing an additional 7,274 shares during the period. Finally, State Street Corp lifted its stake in shares of Chimera Investment by 0.4% during the third quarter. State Street Corp now owns 1,914,764 shares of the real estate investment trust’s stock worth $31,010,000 after purchasing an additional 7,595 shares in the last quarter. Hedge funds and other institutional investors own 48.44% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on CIM. Royal Bank of Canada upgraded Chimera Investment to a “moderate buy” rating in a research note on Friday, March 14th. JMP Securities reaffirmed a “market perform” rating on shares of Chimera Investment in a research report on Thursday, January 23rd. Finally, StockNews.com lowered shares of Chimera Investment from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th.

Chimera Investment Stock Down 1.5 %

Shares of Chimera Investment stock opened at $13.09 on Friday. Chimera Investment Co. has a 1-year low of $11.29 and a 1-year high of $16.89. The company has a market capitalization of $1.06 billion, a PE ratio of 12.12 and a beta of 1.76. The company has a debt-to-equity ratio of 2.82, a current ratio of 0.06 and a quick ratio of 3.03. The business has a 50-day moving average of $14.07 and a 200-day moving average of $14.70.

Chimera Investment (NYSE:CIM) last issued its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates 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, equities analysts forecast that Chimera Investment Co. will post 1.57 EPS for the current fiscal year.

Chimera Investment Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a $0.37 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 11.31%. Chimera Investment’s dividend payout ratio (DPR) is presently 137.04%.

Insider Activity at Chimera Investment

In other news, Director Gerard Creagh acquired 12,500 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased at an average cost of $13.31 per share, with a total value of $166,375.00. Following the completion of the acquisition, the director now directly owns 138,127 shares in the company, valued at $1,838,470.37. This represents a 9.95 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.91% of the stock is currently owned by corporate insiders.

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.