Were Analysts Bearish Chimera Investment Corporation (NYSE:CIM) This Week?

Chimera Investment Corporation (NYSE:CIM) Logo
Investors sentiment increased to 1 in Q3 2018. Its up 0.50, from 0.5 in 2018Q2. It is positive, as 0 investors sold Chimera Investment Corporation shares while 2 reduced holdings. 1 funds opened positions while 1 raised stakes. 996,992 shares or 0.06% less from 997,563 shares in 2018Q2 were reported.
Balasa Dinverno & Foltz Lc holds 0.04% of its portfolio in Chimera Investment Corporation (NYSE:CIM) for 21,762 shares. Capital Ltd Limited Liability Company has 64,732 shares for 0.07% of their portfolio. Nfc Invests Ltd Liability Corp reported 910,497 shares stake. Huntington National Bank & Trust invested in 1 shares or 0% of the stock.

Chimera Investment Corporation (NYSE:CIM) Ratings Coverage

Among 2 analysts covering Chimera Investment (NYSE:CIM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Chimera Investment had 3 analyst reports since August 2, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, August 2 by Deutsche Bank. The rating was upgraded by Deutsche Bank on Wednesday, October 24 to “Buy”. Below is a list of Chimera Investment Corporation (NYSE:CIM) latest ratings and price target changes.

24/10/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Buy Old Target: $19 New Target: $18.5 Upgrade
12/10/2018 Broker: Raymond James Rating: Market Perform Initiates Coverage On
02/08/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Hold Old Target: $20 Downgrade

The stock increased 0.49% or $0.09 during the last trading session, reaching $18.32. About 735,652 shares traded. Chimera Investment Corporation (NYSE:CIM) has risen 1.07% since January 12, 2018 and is uptrending. It has outperformed by 1.07% the S&P500.

Chimera Investment Corporation operates as a real estate investment trust in the United States. The company has market cap of $3.43 billion. The company, through its subsidiaries, invests in residential mortgage-backed securities , residential mortgage loans, commercial mortgage loans, real estate-related securities, and various other asset classes. It has a 5.89 P/E ratio. The firm has elected to be taxed as a real estate investment trust.

More notable recent Chimera Investment Corporation (NYSE:CIM) news were published by: Seekingalpha.com which released: “Chimera Investment Corp. – This 7.75% Fixed-To-Floating Preferred Stock Has Begun Trading On The NYSE – Seeking Alpha” on September 27, 2018, also Seekingalpha.com with their article: “Buy This 11.5%-Yielding Mortgage REIT On The Drop – Seeking Alpha” published on October 22, 2018, Seekingalpha.com published: “8% Yields From Chimera – Seeking Alpha” on August 13, 2018. More interesting news about Chimera Investment Corporation (NYSE:CIM) were released by: Seekingalpha.com and their article: “Why We Love Chimera – Seeking Alpha” published on August 09, 2018 as well as Seekingalpha.com‘s news article titled: “Investors Should Sell CIM Preferred Shares And Look For Alternatives – Seeking Alpha” with publication date: November 02, 2018.

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