Joseph P. Lucia & Associates LLC boosted its stake in shares of CHIMERA INVT CO/SH NEW (NYSE:CIM) by 148.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,058 shares of the real estate investment trust’s stock after purchasing an additional 10,778 shares during the period. Joseph P. Lucia & Associates LLC’s holdings in CHIMERA INVT CO/SH NEW were worth $341,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CIM. Penserra Capital Management LLC purchased a new stake in CHIMERA INVT CO/SH NEW during the first quarter valued at approximately $25,000. Executive Wealth Management LLC purchased a new stake in CHIMERA INVT CO/SH NEW during the first quarter valued at approximately $28,000. Princeton Capital Management LLC increased its holdings in CHIMERA INVT CO/SH NEW by 90.9% during the first quarter. Princeton Capital Management LLC now owns 2,772 shares of the real estate investment trust’s stock valued at $52,000 after buying an additional 1,320 shares during the last quarter. Kistler Tiffany Companies LLC purchased a new stake in CHIMERA INVT CO/SH NEW during the second quarter valued at approximately $54,000. Finally, Carroll Financial Associates Inc. increased its holdings in CHIMERA INVT CO/SH NEW by 50.0% during the second quarter. Carroll Financial Associates Inc. now owns 3,000 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 1,000 shares during the last quarter. Institutional investors own 51.94% of the company’s stock.

Shares of NYSE CIM remained flat at $$19.19 during midday trading on Monday. 416,122 shares of the stock were exchanged, compared to its average volume of 1,041,505. The business has a 50-day moving average price of $19.05. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 2.09. The company has a market cap of $3.59 billion, a P/E ratio of 8.20 and a beta of 0.60. CHIMERA INVT CO/SH NEW has a 1 year low of $16.88 and a 1 year high of $19.42.

CHIMERA INVT CO/SH NEW (NYSE:CIM) last announced its quarterly earnings data on Wednesday, May 1st. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.01). The firm had revenue of $147.44 million during the quarter, compared to analysts’ expectations of $151.69 million. CHIMERA INVT CO/SH NEW had a return on equity of 12.59% and a net margin of 21.84%. The business’s revenue for the quarter was down .3% on a year-over-year basis. During the same period last year, the company earned $0.58 earnings per share. As a group, equities research analysts anticipate that CHIMERA INVT CO/SH NEW will post 2.2 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 30th. Stockholders of record on Friday, June 28th will be paid a $0.50 dividend. The ex-dividend date is Thursday, June 27th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 10.42%. CHIMERA INVT CO/SH NEW’s dividend payout ratio (DPR) is presently 85.47%.

Separately, Zacks Investment Research cut shares of EXACT Sciences from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd.

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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