Chimera Investment Co. (NYSE:CIM) Shares Purchased by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC boosted its holdings in Chimera Investment Co. (NYSE:CIM - Free Report) by 66.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 100,000 shares of the real estate investment trust's stock after acquiring an additional 40,000 shares during the period. Manning & Napier Advisors LLC owned 0.12% of Chimera Investment worth $1,400,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in CIM. Barclays PLC lifted its stake in Chimera Investment by 301.6% during the third quarter. Barclays PLC now owns 183,295 shares of the real estate investment trust's stock worth $2,901,000 after purchasing an additional 137,655 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Chimera Investment by 67.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 147,621 shares of the real estate investment trust's stock worth $2,337,000 after purchasing an additional 59,380 shares in the last quarter. State Street Corp lifted its stake in 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. Jane Street Group LLC lifted its stake in Chimera Investment by 5.1% during the third quarter. Jane Street Group LLC now owns 141,001 shares of the real estate investment trust's stock worth $2,232,000 after purchasing an additional 6,803 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in Chimera Investment by 1.8% during the third quarter. Geode Capital Management LLC now owns 1,859,330 shares of the real estate investment trust's stock worth $29,439,000 after purchasing an additional 32,835 shares in the last quarter. 48.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, JMP Securities restated a "market perform" rating on shares of Chimera Investment in a research note on Thursday, January 23rd.

Insider Activity at Chimera Investment

In other news, CIO Jack Lee Macdowell, Jr. acquired 50,000 shares of the company's stock in a transaction on Monday, December 9th. The shares were bought at an average price of $14.91 per share, with a total value of $745,500.00. Following the completion of the acquisition, the executive now owns 100,000 shares in the company, valued at $1,491,000. This trade represents a 100.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.91% of the stock is currently owned by corporate insiders.

Chimera Investment Stock Up 2.7 %

Chimera Investment stock opened at $14.70 on Friday. Chimera Investment Co. has a twelve month low of $11.28 and a twelve month high of $16.89. The stock's fifty day simple moving average is $14.46 and its 200-day simple moving average is $14.97. The company has a current ratio of 3.03, a quick ratio of 3.03 and a debt-to-equity ratio of 3.93. The firm has a market capitalization of $1.19 billion, a P/E ratio of 4.45 and a beta of 1.70.

Chimera Investment (NYSE:CIM - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.36 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by ($0.01). The company had revenue of $195.30 million for the quarter, compared to analysts' expectations of $69.90 million. Chimera Investment had a return on equity of 7.69% and a net margin of 46.48%. During the same period in the prior year, the company posted $0.39 EPS. As a group, equities analysts expect that Chimera Investment Co. will post 1.47 earnings per share for the current fiscal year.

Chimera Investment Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 10.07%. The ex-dividend date of this dividend is Tuesday, December 31st. Chimera Investment's dividend payout ratio (DPR) is presently 44.85%.

Chimera Investment 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.

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