Schnieders Capital Management LLC Acquires Shares of 30,150 Chimera Investment Co. (NYSE:CIM)

Schnieders Capital Management LLC acquired a new stake in shares of Chimera Investment Co. (NYSE:CIM) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 30,150 shares of the real estate investment trust’s stock, valued at approximately $150,000.

A number of other institutional investors have also modified their holdings of CIM. Rhumbline Advisers grew its position in shares of Chimera Investment by 0.6% during the 3rd quarter. Rhumbline Advisers now owns 385,856 shares of the real estate investment trust’s stock valued at $2,107,000 after acquiring an additional 2,422 shares during the period. Natixis Advisors L.P. grew its position in shares of Chimera Investment by 1.2% during the 3rd quarter. Natixis Advisors L.P. now owns 226,787 shares of the real estate investment trust’s stock valued at $1,238,000 after acquiring an additional 2,708 shares during the period. Sherbrooke Park Advisers LLC grew its position in shares of Chimera Investment by 18.1% during the 3rd quarter. Sherbrooke Park Advisers LLC now owns 24,779 shares of the real estate investment trust’s stock valued at $135,000 after acquiring an additional 3,804 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of Chimera Investment by 61.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 10,812 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 4,096 shares during the period. Finally, SG Americas Securities LLC grew its position in shares of Chimera Investment by 3.8% during the 3rd quarter. SG Americas Securities LLC now owns 111,159 shares of the real estate investment trust’s stock valued at $607,000 after acquiring an additional 4,111 shares during the period. Hedge funds and other institutional investors own 48.44% of the company’s stock.

Chimera Investment Price Performance

CIM stock traded down $0.02 during trading on Wednesday, hitting $4.16. The stock had a trading volume of 916,716 shares, compared to its average volume of 1,862,942. 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 Co. has a twelve month low of $3.92 and a twelve month high of $6.49. The stock has a market capitalization of $1.00 billion, a P/E ratio of 18.09 and a beta of 1.68. The company’s 50-day moving average price is $4.36 and its two-hundred day moving average price is $4.76.

Chimera Investment Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 8th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 10.58%. The ex-dividend date is Friday, April 5th. Chimera Investment’s payout ratio is 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.