Catalyst Capital Advisors LLC Acquires Shares of 5,400 CHIMERA INVT CO/SH NEW (CIM)

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Catalyst Capital Advisors LLC acquired a new position in shares of CHIMERA INVT CO/SH NEW (NYSE:CIM) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,400 shares of the real estate investment trust’s stock, valued at approximately $101,000.

A number of other institutional investors have also recently added to or reduced their stakes in CIM. Norges Bank acquired a new stake in CHIMERA INVT CO/SH NEW during the fourth quarter worth about $38,125,000. NFC Investments LLC acquired a new stake in CHIMERA INVT CO/SH NEW during the fourth quarter worth about $17,294,000. Thornburg Investment Management Inc. increased its position in CHIMERA INVT CO/SH NEW by 9.5% during the fourth quarter. Thornburg Investment Management Inc. now owns 8,900,000 shares of the real estate investment trust’s stock worth $158,598,000 after purchasing an additional 775,000 shares during the last quarter. Deutsche Bank AG increased its position in CHIMERA INVT CO/SH NEW by 94.5% during the fourth quarter. Deutsche Bank AG now owns 1,218,835 shares of the real estate investment trust’s stock worth $21,718,000 after purchasing an additional 592,118 shares during the last quarter. Finally, Martingale Asset Management L P increased its position in CHIMERA INVT CO/SH NEW by 262.8% during the fourth quarter. Martingale Asset Management L P now owns 551,954 shares of the real estate investment trust’s stock worth $9,837,000 after purchasing an additional 399,804 shares during the last quarter. Hedge funds and other institutional investors own 48.76% of the company’s stock.

Several research firms recently issued reports on CIM. Nomura started coverage on shares of CHIMERA INVT CO/SH NEW in a research report on Wednesday, March 27th. They set a “buy” rating and a $20.00 price objective for the company. Zacks Investment Research cut shares of CHIMERA INVT CO/SH NEW from a “hold” rating to a “sell” rating in a research report on Monday, May 6th. Finally, Deutsche Bank cut shares of CHIMERA INVT CO/SH NEW from a “buy” rating to a “hold” rating in a research report on Wednesday, February 13th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $19.88.

Shares of CIM opened at $18.82 on Friday. CHIMERA INVT CO/SH NEW has a 1-year low of $16.88 and a 1-year high of $19.42. The stock has a market cap of $3.52 billion, a price-to-earnings ratio of 8.04 and a beta of 0.56. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 2.09.

CHIMERA INVT CO/SH NEW (NYSE:CIM) last announced its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). CHIMERA INVT CO/SH NEW had a net margin of 21.84% and a return on equity of 12.59%. The company had revenue of $147.44 million for the quarter, compared to analyst estimates of $151.69 million. During the same quarter in the prior year, the business earned $0.58 earnings per share. CHIMERA INVT CO/SH NEW’s revenue was down .3% on a year-over-year basis. As a group, equities research analysts predict that CHIMERA INVT CO/SH NEW will post 2.2 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 30th. Shareholders of record on Friday, June 28th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 10.63%. The ex-dividend date is Thursday, June 27th. CHIMERA INVT CO/SH NEW’s dividend payout ratio is presently 85.47%.

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CHIMERA INVT CO/SH NEW Profile

Chimera Investment Corporation operates as a real estate investment trust in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, commercial mortgage loans, and other real estate related securities.

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Institutional Ownership by Quarter for CHIMERA INVT CO/SH NEW (NYSE:CIM)

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