UBS Group AG Has $2.37 Million Stock Holdings in Chimera Investment Co. (NYSE:CIM)

UBS Group AG increased its position in Chimera Investment Co. (NYSE:CIM – Get Rating) by 120.5% during the third quarter, Holdings Channel reports. The firm owned 453,015 shares of the real estate investment trust’s stock after buying an additional 247,534 shares during the quarter. UBS Group AG’s holdings in Chimera Investment were worth $2,365,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of CIM. Vanguard Group Inc. lifted its position in shares of Chimera Investment by 0.8% in the first quarter. Vanguard Group Inc. now owns 22,082,870 shares of the real estate investment trust’s stock valued at $265,878,000 after buying an additional 176,508 shares during the last quarter. Centiva Capital LP acquired a new position in shares of Chimera Investment during the 2nd quarter worth approximately $72,596,000. State Street Corp increased its holdings in shares of Chimera Investment by 8.0% during the 1st quarter. State Street Corp now owns 5,454,412 shares of the real estate investment trust’s stock worth $67,373,000 after acquiring an additional 405,765 shares during the last quarter. Northern Trust Corp boosted its stake in Chimera Investment by 1.4% in the 2nd quarter. Northern Trust Corp now owns 2,436,849 shares of the real estate investment trust’s stock valued at $21,493,000 after purchasing an additional 34,748 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in Chimera Investment by 26.5% in the 2nd quarter. Goldman Sachs Group Inc. now owns 2,110,043 shares of the real estate investment trust’s stock valued at $18,611,000 after purchasing an additional 441,484 shares during the period. 47.06% of the stock is currently owned by institutional investors and hedge funds.

Chimera Investment Stock Performance

NYSE:CIM opened at $6.31 on Tuesday. The stock has a fifty day moving average price of $6.66 and a 200-day moving average price of $6.73. The company has a market cap of $1.46 billion, a price-to-earnings ratio of -2.53 and a beta of 1.51. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.09 and a current ratio of 0.09. Chimera Investment Co. has a fifty-two week low of $4.91 and a fifty-two week high of $12.73.

Chimera Investment (NYSE:CIM – Get Rating) last released its earnings results on Wednesday, February 15th. The real estate investment trust reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.13). The company had revenue of $187.29 million for the quarter, compared to the consensus estimate of $97.90 million. Chimera Investment had a negative net margin of 66.36% and a positive return on equity of 11.35%. During the same quarter in the previous year, the company posted $0.46 earnings per share. As a group, equities analysts anticipate that Chimera Investment Co. will post 0.78 EPS for the current fiscal year.

Chimera Investment Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 27th. Stockholders of record on Friday, March 31st will be given a dividend of $0.23 per share. The ex-dividend date is Thursday, March 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 14.58%. Chimera Investment’s payout ratio is -36.95%.

Chimera Investment Company Profile

(Get Rating)

Chimera Investment Corp. is a real estate investment trust, which engages in the business of investing in a portfolio of mortgage assets, including residential mortgage loans, Agency RMBS, Non-Agency RMBS, Agency CMBS, and other real estate-related assets. The company was founded on June 1, 2007 and is headquartered in New York, NY.