Raymond James Financial Services Advisors Inc. grew its stake in shares of CHIMERA INVT CO/SH NEW (NYSE:CIM) by 10.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 121,421 shares of the real estate investment trust’s stock after buying an additional 11,269 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in CHIMERA INVT CO/SH NEW were worth $2,164,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of CHIMERA INVT CO/SH NEW by 1.3% in the third quarter. Vanguard Group Inc. now owns 15,560,949 shares of the real estate investment trust’s stock worth $282,120,000 after purchasing an additional 198,736 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of CHIMERA INVT CO/SH NEW in the third quarter worth about $24,016,000. Thornburg Investment Management Inc. grew its stake in shares of CHIMERA INVT CO/SH NEW by 9.5% in 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. HRT Financial LLC bought a new stake in shares of CHIMERA INVT CO/SH NEW in the third quarter worth about $189,000. Finally, LSV Asset Management lifted its holdings in CHIMERA INVT CO/SH NEW by 10.9% in the fourth quarter. LSV Asset Management now owns 2,904,570 shares of the real estate investment trust’s stock worth $51,759,000 after buying an additional 285,085 shares during the period. 48.22% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently issued reports on CIM shares. Zacks Investment Research upgraded shares of CHIMERA INVT CO/SH NEW from a “hold” rating to a “strong-buy” rating and set a $21.00 target price for the company in a report on Friday, February 15th. Deutsche Bank lowered shares of CHIMERA INVT CO/SH NEW from a “buy” rating to a “hold” rating in a report on Wednesday, February 13th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $19.83.

Shares of NYSE CIM opened at $19.00 on Friday. CHIMERA INVT CO/SH NEW has a twelve month low of $16.88 and a twelve month high of $19.32. The company has a market capitalization of $3.57 billion, a P/E ratio of 8.12 and a beta of 0.57. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 2.33.

CHIMERA INVT CO/SH NEW (NYSE:CIM) last announced its quarterly earnings data on Wednesday, February 13th. The real estate investment trust reported $0.58 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.58. CHIMERA INVT CO/SH NEW had a net margin of 32.33% and a return on equity of 12.43%. The company had revenue of $154.12 million during the quarter, compared to analyst estimates of $146.80 million. During the same period in the previous year, the business earned $0.62 EPS. Sell-side analysts expect that CHIMERA INVT CO/SH NEW will post 2.17 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, March 29th will be issued a $0.50 dividend. The ex-dividend date is Thursday, March 28th. This represents a $2.00 dividend on an annualized basis and a yield of 10.53%. CHIMERA INVT CO/SH NEW’s payout ratio is currently 85.47%.

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About CHIMERA INVT CO/SH NEW

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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