Jane Street Group LLC Has $2.23 Million Stake in Chimera Investment Co. (NYSE:CIM)

Jane Street Group LLC raised its holdings in Chimera Investment Co. (NYSE:CIM) by 5.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 141,001 shares of the real estate investment trust’s stock after purchasing an additional 6,803 shares during the quarter. Jane Street Group LLC’s holdings in Chimera Investment were worth $2,232,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CIM. Quarry LP lifted its stake in shares of Chimera Investment by 1,188.3% during the 2nd quarter. Quarry LP now owns 2,203 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 2,032 shares during the last quarter. Prospera Private Wealth LLC bought a new stake in Chimera Investment in the 3rd quarter valued at $65,000. Simplify Asset Management Inc. bought a new stake in Chimera Investment in the 3rd quarter valued at $158,000. Marshall Wace LLP acquired a new position in Chimera Investment in the 2nd quarter valued at $217,000. Finally, Moloney Securities Asset Management LLC increased its position in Chimera Investment by 14.1% during the third quarter. Moloney Securities Asset Management LLC now owns 13,913 shares of the real estate investment trust’s stock worth $220,000 after acquiring an additional 1,719 shares during the period. Institutional investors own 48.44% of the company’s stock.

Chimera Investment Stock Down 0.8 %

NYSE CIM opened at $14.27 on Tuesday. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 4.32 and a beta of 1.71. 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 company has a 50 day moving average of $15.02 and a 200-day moving average of $14.75. Chimera Investment Co. has a 1-year low of $11.28 and a 1-year high of $16.89.

Chimera Investment (NYSE:CIM) last issued its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.36 EPS for the quarter, missing the consensus estimate 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 net margin of 46.48% and a return on equity of 7.69%. During the same quarter in the previous year, the firm posted $0.39 earnings per share. On average, equities research 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. Shareholders of record on Tuesday, December 31st will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 10.37%. The ex-dividend date of this dividend is Tuesday, December 31st. Chimera Investment’s dividend payout ratio is presently 44.85%.

Insider Activity at Chimera Investment

In other Chimera Investment news, CIO Jack Lee Macdowell, Jr. bought 50,000 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average cost of $14.91 per share, for a total transaction of $745,500.00. Following the transaction, the executive now directly owns 100,000 shares in the company, valued at approximately $1,491,000. This represents a 100.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.91% of the stock is currently owned by insiders.

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.