CHIMERA INVT CO/SH NEW (CIM) Shares Sold by ClariVest Asset Management LLC

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ClariVest Asset Management LLC decreased its stake in shares of CHIMERA INVT CO/SH NEW (NYSE:CIM) by 5.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 221,355 shares of the real estate investment trust’s stock after selling 11,600 shares during the period. ClariVest Asset Management LLC owned about 0.12% of CHIMERA INVT CO/SH NEW worth $3,946,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in CHIMERA INVT CO/SH NEW by 1.3% during the third quarter. Vanguard Group Inc. now owns 15,560,949 shares of the real estate investment trust’s stock valued at $282,120,000 after purchasing an additional 198,736 shares during the period. Vanguard Group Inc increased its holdings in CHIMERA INVT CO/SH NEW by 1.3% during the third quarter. Vanguard Group Inc now owns 15,560,949 shares of the real estate investment trust’s stock valued at $282,120,000 after buying an additional 198,736 shares during the last quarter. BlackRock Inc. increased its holdings in CHIMERA INVT CO/SH NEW by 6.1% during the third quarter. BlackRock Inc. now owns 12,148,229 shares of the real estate investment trust’s stock valued at $220,247,000 after buying an additional 702,989 shares during the last quarter. Northern Trust Corp increased its holdings in CHIMERA INVT CO/SH NEW by 35.1% during the second quarter. Northern Trust Corp now owns 2,319,081 shares of the real estate investment trust’s stock valued at $42,393,000 after buying an additional 602,018 shares during the last quarter. Finally, FMR LLC increased its holdings in CHIMERA INVT CO/SH NEW by 39.3% during the third quarter. FMR LLC now owns 2,222,809 shares of the real estate investment trust’s stock valued at $40,300,000 after buying an additional 627,409 shares during the last quarter. Institutional investors own 47.57% of the company’s stock.

A number of brokerages have commented on CIM. Deutsche Bank cut shares of CHIMERA INVT CO/SH NEW from a “buy” rating to a “hold” rating in a report on Wednesday. Zacks Investment Research cut shares of CHIMERA INVT CO/SH NEW from a “buy” rating to a “hold” rating in a report on Thursday, January 3rd. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $19.38.

Shares of CIM stock opened at $18.75 on Thursday. CHIMERA INVT CO/SH NEW has a 12 month low of $16.68 and a 12 month high of $19.32. The company has a market cap of $3.57 billion, a price-to-earnings ratio of 8.01 and a beta of 0.58. The company has a debt-to-equity ratio of 2.30, a current ratio of 0.02 and a quick ratio of 0.02.

CHIMERA INVT CO/SH NEW (NYSE:CIM) last announced its earnings results on Wednesday, February 13th. The real estate investment trust reported $0.58 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.58. CHIMERA INVT CO/SH NEW had a net margin of 50.69% and a return on equity of 12.52%. During the same quarter in the previous year, the company earned $0.62 earnings per share. As a group, research analysts predict that CHIMERA INVT CO/SH NEW will post 2.32 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, March 29th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $2.00 dividend on an annualized basis and a yield of 10.67%. CHIMERA INVT CO/SH NEW’s dividend payout ratio is currently 85.47%.

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About CHIMERA INVT CO/SH NEW

Chimera Investment Corporation operates as a real estate investment trust in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, commercial mortgage loans, and other real estate related securities.

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Institutional Ownership by Quarter for CHIMERA INVT CO/SH NEW (NYSE:CIM)

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