Chimera Investment Co. (NYSE:CIM) Position Increased by Van ECK Associates Corp

Van ECK Associates Corp increased its position in shares of Chimera Investment Co. (NYSE:CIM) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,391,764 shares of the real estate investment trust’s stock after acquiring an additional 20,300 shares during the period. Van ECK Associates Corp’s holdings in Chimera Investment were worth $6,945,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Creative Financial Designs Inc. ADV acquired a new position in Chimera Investment during the fourth quarter worth $25,000. Manchester Capital Management LLC acquired a new stake in shares of Chimera Investment in the third quarter worth about $38,000. Visionary Horizons LLC acquired a new stake in shares of Chimera Investment in the fourth quarter worth about $50,000. Genesee Capital Advisors LLC acquired a new stake in shares of Chimera Investment in the fourth quarter worth about $50,000. Finally, PFG Investments LLC acquired a new stake in shares of Chimera Investment in the third quarter worth about $56,000. 48.44% of the stock is currently owned by hedge funds and other institutional investors.

Chimera Investment Price Performance

Shares of NYSE:CIM opened at $4.33 on Friday. Chimera Investment Co. has a fifty-two week low of $3.92 and a fifty-two week high of $6.49. The business has a 50-day moving average of $4.34 and a two-hundred day moving average of $4.70. The stock has a market capitalization of $1.05 billion, a P/E ratio of 18.83 and a beta of 1.68. The company has a debt-to-equity ratio of 3.00, a current ratio of 0.12 and a quick ratio of 0.12.

Chimera Investment Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Monday, April 8th were given a $0.11 dividend. The ex-dividend date was Friday, April 5th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 10.16%. Chimera Investment’s dividend payout ratio is currently 191.30%.

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.