Chimera Investment (NYSE:CIM) Sets New 52-Week Low at $3.92

Chimera Investment Co. (NYSE:CIM) reached a new 52-week low during trading on Tuesday . The stock traded as low as $3.92 and last traded at $3.94, with a volume of 143586 shares traded. The stock had previously closed at $4.03.

Chimera Investment Price Performance

The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 3.00. The firm’s 50 day simple moving average is $4.41 and its 200 day simple moving average is $4.79. The company has a market capitalization of $958.20 million, a PE ratio of 17.26 and a beta of 1.68.

Chimera Investment Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 8th will be issued a $0.11 dividend. The ex-dividend date is Friday, April 5th. This represents a $0.44 dividend on an annualized basis and a yield of 11.08%. Chimera Investment’s dividend payout ratio is presently 191.30%.

Hedge Funds Weigh In On Chimera Investment

Large investors have recently added to or reduced their stakes in the company. Worth Asset Management LLC bought a new position in Chimera Investment in the first quarter worth about $30,000. Quarry LP bought a new position in Chimera Investment in the first quarter worth about $25,000. Creative Financial Designs Inc. ADV bought a new position in Chimera Investment in the fourth quarter worth about $25,000. Cape Investment Advisory Inc. bought a new position in Chimera Investment in the fourth quarter worth about $27,000. Finally, Principal Securities Inc. acquired a new position in shares of Chimera Investment during the fourth quarter valued at about $28,000. 48.44% of the stock is currently owned by institutional investors.

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.