Public Employees Retirement System of Ohio raised its position in shares of Chimera Investment Corporation (NYSE:CIM) by 5.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 115,048 shares of the real estate investment trust’s stock after purchasing an additional 5,482 shares during the quarter. Public Employees Retirement System of Ohio owned 0.06% of Chimera Investment Corporation worth $2,143,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Chimera Investment Corporation by 4.7% during the 1st quarter. Vanguard Group Inc. now owns 14,556,082 shares of the real estate investment trust’s stock valued at $293,741,000 after purchasing an additional 658,674 shares during the last quarter. BlackRock Inc. grew its stake in Chimera Investment Corporation by 6.7% during the 2nd quarter. BlackRock Inc. now owns 12,031,752 shares of the real estate investment trust’s stock valued at $224,151,000 after purchasing an additional 758,460 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Chimera Investment Corporation by 7.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,094,299 shares of the real estate investment trust’s stock valued at $57,647,000 after purchasing an additional 211,259 shares during the last quarter. State Street Corp grew its stake in Chimera Investment Corporation by 0.8% during the 2nd quarter. State Street Corp now owns 2,853,365 shares of the real estate investment trust’s stock valued at $53,155,000 after purchasing an additional 22,781 shares during the last quarter. Finally, LSV Asset Management grew its stake in Chimera Investment Corporation by 5.8% during the 2nd quarter. LSV Asset Management now owns 2,376,747 shares of the real estate investment trust’s stock valued at $44,278,000 after purchasing an additional 129,600 shares during the last quarter. Institutional investors and hedge funds own 51.18% of the company’s stock.

Chimera Investment Corporation (NYSE:CIM) last posted its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.01. Chimera Investment Corporation had a net margin of 63.94% and a return on equity of 14.27%. The company had revenue of $156.46 million during the quarter, compared to the consensus estimate of $150.29 million. During the same period last year, the firm earned $0.68 EPS. The company’s revenue for the quarter was up .3% on a year-over-year basis.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 30th. Investors of record on Friday, December 29th will be given a dividend of $0.50 per share. The ex-dividend date is Thursday, December 28th. This represents a $2.00 annualized dividend and a dividend yield of 10.89%. Chimera Investment Corporation’s dividend payout ratio is currently 57.31%.

Several analysts have weighed in on CIM shares. BidaskClub upgraded Chimera Investment Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, August 17th. Barclays PLC set a $18.00 price target on Chimera Investment Corporation and gave the company a “hold” rating in a research note on Tuesday, October 10th. Deutsche Bank AG boosted their price objective on Chimera Investment Corporation from $19.00 to $20.00 and gave the company a “hold” rating in a report on Thursday, August 3rd. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $18.50 price objective on shares of Chimera Investment Corporation in a report on Friday, October 6th. Finally, Zacks Investment Research cut Chimera Investment Corporation from a “hold” rating to a “sell” rating in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Chimera Investment Corporation presently has a consensus rating of “Hold” and an average target price of $18.83.

TRADEMARK VIOLATION NOTICE: This piece was first reported by Watch List News and is the property of of Watch List News. If you are viewing this piece on another site, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece can be read at https://www.watchlistnews.com/chimera-investment-corporation-cim-shares-bought-by-public-employees-retirement-system-of-ohio/1675185.html.

Chimera Investment Corporation Company Profile

Chimera Investment Corporation is a real estate investment trust (REIT). The company is engaged in the business of investing in a portfolio of mortgage assets, including agency residential mortgage-backed security (RMBS), non-agency RMBS, agency commercial mortgage-backed securities (CMBS), residential mortgage loans and real estate related securities.

Institutional Ownership by Quarter for Chimera Investment Corporation (NYSE:CIM)

Receive News & Ratings for Chimera Investment Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chimera Investment Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.