Leeward Investments LLC MA Decreases Holdings in Chimera Investment Co. (NYSE:CIM)

Leeward Investments LLC MA trimmed its holdings in shares of Chimera Investment Co. (NYSE:CIM) by 3.5% in the fourth quarter, Holdings Channel reports. The firm owned 2,725,630 shares of the real estate investment trust’s stock after selling 97,511 shares during the period. Leeward Investments LLC MA’s holdings in Chimera Investment were worth $13,601,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV purchased a new stake in Chimera Investment during the 4th quarter worth $25,000. Manchester Capital Management LLC purchased a new position in Chimera Investment in the 3rd quarter valued at about $38,000. Ballentine Partners LLC bought a new position in shares of Chimera Investment during the third quarter worth about $55,000. Visionary Horizons LLC bought a new position in shares of Chimera Investment during the fourth quarter worth about $50,000. Finally, Genesee Capital Advisors LLC bought a new position in shares of Chimera Investment during the fourth quarter worth about $50,000. 48.44% of the stock is owned by hedge funds and other institutional investors.

Chimera Investment Price Performance

CIM opened at $4.19 on Friday. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 18.22 and a beta of 1.68. Chimera Investment Co. has a fifty-two week low of $3.92 and a fifty-two week high of $6.49. The company’s 50-day moving average price is $4.36 and its 200 day moving average price is $4.75. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 3.00.

Chimera Investment Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 8th will be paid a $0.11 dividend. The ex-dividend date is Friday, April 5th. This represents a $0.44 annualized dividend and a dividend yield of 10.50%. Chimera Investment’s payout ratio is currently 191.30%.

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.