Credit Suisse AG Increases Stake in Chimera Investment Corporation (CIM)

04 Août, 2017, 20:31 | Author: Marc Bacque

Finally, Barclays PLC set a $17.00 price target on shares of Chimera Investment Corporation and gave the stock a hold rating in a research note on Monday, May 8th. March 23 investment analysts at Nomura kept the stock rating at "Buy" and moved down the price target to $15.00 from $16.00. The company now has a consensus rating of "Hold" and a consensus price target of $18.17. Moreover, Nfc Invests Ltd Liability Corporation has 5.66% invested in Chimera Investment Corporation (NYSE:CIM) for 859,836 shares.

Other hedge funds have also bought and sold shares of the company.

Shares last traded at $18.75 slightly below $18.91, the stock's 50 day moving average and which is a tad under the 200 day moving average of $19.00. Chimera Investment has $27 highest and $14 lowest target.

The most current P/E ratio is 5.637 and the market value is 3.51B.

South Africa Rugby receive government backing for 2023 World Cup bid
The decision by Mbalula in April previous year did little to deter SA Rugby from continuing with the bidding process. Bernard Laporte, President of the French Rugby Federation, also drew a parallel between the Olympics and World Cup.


Neymar pour 222 millions d'euros : une bonne affaire pour le PSG ?
Il a ensuite repris la route, un de ses proches à ses côtés, téléphone portable vissé à l'oreille comme le témoigne cette photo du "Mundo Deportivo".


The Comparing Mattel (MAT) and Take Two Interactive Software (TTWO)
Following the completion of the transaction, the director now owns 67,733 shares of the company's stock, valued at $5,193,766.44. BMO Capital Markets initiated Take Two Interactive Software Inc (NASDAQ: TTWO ) on Wednesday, April 27 with "Outperform" rating.


Chimera Investment Corporation (NYSE:CIM) last posted its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.60 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.63 by $0.03. The firm had revenue of $150.70 million for the quarter, compared to the consensus estimate of $149.75 million.

On 11/1/2016 Chimera Investment Corporation announced a quarterly dividend of $0.50 12.3% with an ex dividend date of 12/28/2016 which will be payable on 1/27/2017. The business's revenue for the quarter was up 9.3% compared to the same quarter previous year. During the same quarter in the prior year, the company earned $0.51 EPS.

The current consensus rating on Chimera Investment Corporation (NYSE:CIM) is Hold (Score: 2.17) with a consensus target price of $17.20 per share, a potential 8.07% downside. State Street Corp raised its stake in Chimera Investment Corporation by 0.9% in the first quarter. If you are viewing this news story on another website, it was stolen and reposted in violation of United States & global trademark & copyright law. The legal version of this story can be accessed at https://baseballnewssource.com/markets/bidaskclub-lowers-chimera-investment-corporation-cim-to-hold/1364041.html. It is without change, as 0 investors sold Chimera Investment Corporation shares while 2 reduced holdings. only 0 funds opened positions while 1 raised stakes. This represents a $2.00 dividend on an annualized basis and a dividend yield of 10.68%. Chimera Investment Corporation's dividend payout ratio is presently 60.24%. IFC Holdings Incorporated FL increased its stake in Chimera Investment Corporation by 37.3% in the first quarter. Creative Planning now owns 57,700 shares of the real estate investment trust's stock worth $1,164,000 after buying an additional 9,417 shares during the period. Snow Capital Management LP bought a new position in shares of Chimera Investment Corporation during the first quarter valued at approximately $201,000. Skandinaviska Enskilda Banken AB publ purchased a new stake in Chimera Investment Corporation during the first quarter valued at approximately $22,283,000. Mackenzie Financial Corp increased its position in shares of Chimera Investment Corporation by 43.8% in the first quarter. LSV Asset Management now owns 2,247,147 shares of the real estate investment trust's stock valued at $45,347,000 after buying an additional 744,848 shares during the period. BlackRock Inc. raised its stake in Chimera Investment Corporation by 14,286.5% in the first quarter. Copper Rock Capital Partners LLC now owns 1,886,050 shares of the real estate investment trust's stock worth $38,004,000 after buying an additional 31,869 shares during the period. Institutional investors own 55.30% of the company's stock.

They now have a $20 target on Chimera Investment (NYSE:CIM). The firm is engaged in the business of investing in a portfolio of mortgage assets, including agency residential mortgage-backed security (RMBS), non-agency RMBS, agency commercial mortgage-backed securities (CMBS), residential mortgage loans and real estate related securities.

Conseillé:



Populaire

Surveillance accrue de la consommation d'alcool sur les plans d'eau du Québec
Au Québec, il n'est pas interdit de consommer de l'alcool à bord d'une embarcation, même s'il s'agit d'un bateau à moteur. Toutefois, les conducteurs qui boivent de l'alcool augmentent considérablement les risques de collisions.

Hewlett Packard Enterprise Company
The technology company reported $0.35 earnings per share (EPS ) for the quarter, meeting analysts' consensus estimates of $0.35. Paragon Capital Management Ltd increased its stake in shares of Hewlett Packard Enterprise by 51.0% in the second quarter.

Sarah Harding 'sick of being judged'
Do you know what I mean?' "Yeah, it's not for me to say, I don't like talking about the other girls if it's a personal thing". The pair were initially discussing the Harding's height, when the singer commented: "I looked like a giant next to Cheryl".

Chinese professor and his wife to be expelled from Singapore
Following the seizure, China lodged a diplomatic protest to Singapore over its military cooperation with Taiwan. He has also appeared on Channel NewsAsia, a leading local television channel.

Q3 2017 Earnings Estimate for Encana Corp Issued By Cormark (TSE:ECA)
Encana Corporation on 6/29/2017 reported its EPS as $0.04 with the analysts projecting the EPS of the stock as $-0.04. Analysts are also projecting an Average Revenue Estimate for Encana Corporation as $906120 in the Current Quarter.

Huge Australia-bound cocaine haul seized by French navy
Four men, believed to be Latvian and Lithuanian nationals, were detained during the operation. All told, it's estimated the cocaine would have had a street value of around $322 million.

President Trump's Latest Approval Rating Is Worse Than Obama's Ever Was
White House Press Secretary Sean Spicer resigned in protest of then-Communications Director Anthony Scaramucci being hired. The nationwide poll of 1,125 voters was taken from July 27 to August 1; it has a margin of error of 3.4 percentage points.

Galatasaray officially announce talks to sign Manchester City midfielder
The Daily Mail have reported the midfielder is set for a medical with the Turkish giants after three years at the Etihad. Galatasaray have confirmed that they are in talks with Fernando over a possible move from Manchester City.

Neuchâtel a son salaire minimum — Première suisse
Le canton de Neuchâtel est le premier des 26 cantons formant la Suisse à introduire un salaire minimum dans le pays. Le TF a estimé vendredi que le salaire minimum était conforme au principe constitutionnel de liberté économique.

Angelina Jolie dans la tourmente
Et ensuite on les attrapait. 'On va t'attraper, et on veut que tu essayes de mentir en disant que tu n'as pas cet argent'. Elle ajoute que " l'idée que du véritable argent ait été pris à un enfant durant une audition est fausse et outrageante.