National Planning Corp increased its position in Chimera Investment Corporation (NYSE:CIM) by 21.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 188,569 shares of the real estate investment trust’s stock after buying an additional 32,835 shares during the period. National Planning Corp’s holdings in Chimera Investment Corporation were worth $3,566,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in CIM. Schwab Charles Investment Management Inc. raised its position in shares of Chimera Investment Corporation by 6.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,074,191 shares of the real estate investment trust’s stock worth $20,013,000 after buying an additional 69,143 shares during the last quarter. Global X Management Co. LLC raised its position in shares of Chimera Investment Corporation by 6.8% in the second quarter. Global X Management Co. LLC now owns 998,337 shares of the real estate investment trust’s stock worth $18,599,000 after buying an additional 63,370 shares during the last quarter. IFP Advisors Inc raised its position in shares of Chimera Investment Corporation by 0.7% in the second quarter. IFP Advisors Inc now owns 15,646 shares of the real estate investment trust’s stock worth $291,000 after buying an additional 108 shares during the last quarter. Sei Investments Co. raised its position in shares of Chimera Investment Corporation by 34.9% in the second quarter. Sei Investments Co. now owns 27,450 shares of the real estate investment trust’s stock worth $511,000 after buying an additional 7,095 shares during the last quarter. Finally, Bessemer Group Inc. raised its position in shares of Chimera Investment Corporation by 7.5% in the second quarter. Bessemer Group Inc. now owns 14,590 shares of the real estate investment trust’s stock worth $272,000 after buying an additional 1,012 shares during the last quarter. 55.33% of the stock is owned by hedge funds and other institutional investors.

Chimera Investment Corporation (NYSE:CIM) opened at 19.10 on Thursday. Chimera Investment Corporation has a 52 week low of $14.70 and a 52 week high of $20.90. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 5.49 and a beta of 0.94. The company has a 50-day moving average of $18.83 and a 200-day moving average of $19.04.

Chimera Investment Corporation (NYSE:CIM) last issued its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by $0.03. The business had revenue of $150.70 million for the quarter, compared to analyst estimates of $149.75 million. Chimera Investment Corporation had a net margin of 63.94% and a return on equity of 14.27%. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.51 earnings per share. On average, equities analysts forecast that Chimera Investment Corporation will post $2.32 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Stockholders of record on Friday, September 29th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 10.47%. The ex-dividend date of this dividend is Thursday, September 28th. Chimera Investment Corporation’s dividend payout ratio is currently 57.31%.

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A number of equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Chimera Investment Corporation from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Deutsche Bank AG upped their target price on shares of Chimera Investment Corporation from $19.00 to $20.00 and gave the stock a “hold” rating in a research note on Thursday, August 3rd. BidaskClub lowered shares of Chimera Investment Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. ValuEngine raised shares of Chimera Investment Corporation from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 3rd. Finally, Barclays PLC set a $17.00 target price on shares of Chimera Investment Corporation and gave the stock a “hold” rating in a research note on Monday, May 8th. One research analyst has rated the stock with a sell rating, five have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. Chimera Investment Corporation has a consensus rating of “Hold” and a consensus price target of $18.70.

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.

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

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