Great Valley Advisor Group Inc. Sells 7,296 Shares of Chimera Investment Co. (NYSE:CIM)

Great Valley Advisor Group Inc. trimmed its position in Chimera Investment Co. (NYSE:CIM) by 39.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,280 shares of the real estate investment trust’s stock after selling 7,296 shares during the period. Great Valley Advisor Group Inc.’s holdings in Chimera Investment were worth $56,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. UBS Group AG boosted its holdings in shares of Chimera Investment by 53.3% in the third quarter. UBS Group AG now owns 722,064 shares of the real estate investment trust’s stock worth $3,942,000 after buying an additional 251,085 shares during the last quarter. Global Retirement Partners LLC grew its position in shares of Chimera Investment by 148.4% during the 4th quarter. Global Retirement Partners LLC now owns 51,477 shares of the real estate investment trust’s stock valued at $254,000 after acquiring an additional 30,757 shares during the period. Wolverine Asset Management LLC increased its stake in shares of Chimera Investment by 261.9% in the 4th quarter. Wolverine Asset Management LLC now owns 1,141,057 shares of the real estate investment trust’s stock worth $5,694,000 after purchasing an additional 825,743 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in Chimera Investment by 163.5% in the 4th quarter. Capital Investment Advisors LLC now owns 124,156 shares of the real estate investment trust’s stock worth $620,000 after purchasing an additional 77,040 shares during the period. Finally, SG Americas Securities LLC lifted its position in Chimera Investment by 14.9% during the fourth quarter. SG Americas Securities LLC now owns 127,699 shares of the real estate investment trust’s stock valued at $637,000 after purchasing an additional 16,540 shares in the last quarter. 48.44% of the stock is currently owned by institutional investors.

Chimera Investment Stock Performance

NYSE:CIM opened at $4.28 on Wednesday. The stock has a 50-day simple moving average of $4.33 and a two-hundred day simple moving average of $4.69. The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.12 and a current ratio of 0.12. Chimera Investment Co. has a 52-week low of $3.92 and a 52-week high of $6.49. The firm has a market capitalization of $1.03 billion, a PE ratio of 18.61 and a beta of 1.68.

Chimera Investment Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Monday, April 8th were issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 10.28%. The ex-dividend date was Friday, April 5th. Chimera Investment’s dividend payout ratio is 191.30%.

About Chimera Investment

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.