Schnieders Capital Management LLC Makes New Investment in Chimera Investment Co. (NYSE:CIM)

Schnieders Capital Management LLC bought a new position in shares of Chimera Investment Co. (NYSE:CIM) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 30,150 shares of the real estate investment trust’s stock, valued at approximately $150,000.

Other institutional investors also recently modified their holdings of the company. Creative Financial Designs Inc. ADV acquired a new position in shares of Chimera Investment in the 4th quarter valued at approximately $25,000. Manchester Capital Management LLC acquired a new position in shares of Chimera Investment in the 3rd quarter valued at approximately $38,000. Visionary Horizons LLC acquired a new position in Chimera Investment during the 4th quarter worth approximately $50,000. Genesee Capital Advisors LLC acquired a new position in Chimera Investment during the 4th quarter worth approximately $50,000. Finally, Ballentine Partners LLC acquired a new position in Chimera Investment during the 3rd quarter worth approximately $55,000. 48.44% of the stock is currently owned by institutional investors and hedge funds.

Chimera Investment Stock Down 0.5 %

NYSE:CIM traded down $0.02 during trading hours on Wednesday, reaching $4.16. 916,716 shares of the stock were exchanged, compared to its average volume of 1,862,942. Chimera Investment Co. has a twelve month low of $3.92 and a twelve month high of $6.49. The stock has a market cap of $1.00 billion, a PE ratio of 18.09 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. The firm has a 50 day moving average of $4.36 and a 200 day moving average of $4.76.

Chimera Investment Dividend Announcement

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