Jefferies Maintains Hold on Chimera Investment

Jefferies is out with its report today on Chimera Investment CIM, maintaining Hold. In its report, Jefferies writes, "CIM reported core 2Q11 EPS of $0.14, $0.01 below JEF and in line with consensus estimates. The portfolio remained static q/q and the stock appears to be in a holding pattern until more attractive investment opportunities appear." At the time of posting, shares of CIM were trading pre-market at $3.15, up 1.29% from Monday's close.