KKR Real Estate Finance Trust Inc. (NYSE:KREF) Shares Bought by TFO Wealth Partners LLC

TFO Wealth Partners LLC boosted its stake in shares of KKR Real Estate Finance Trust Inc. (NYSE:KREFFree Report) by 21,842.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,072 shares of the company’s stock after buying an additional 3,058 shares during the period. TFO Wealth Partners LLC’s holdings in KKR Real Estate Finance Trust were worth $41,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of KREF. Swiss National Bank raised its holdings in KKR Real Estate Finance Trust by 1.0% during the 3rd quarter. Swiss National Bank now owns 129,100 shares of the company’s stock worth $1,532,000 after buying an additional 1,300 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in KKR Real Estate Finance Trust by 18.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 699,854 shares of the company’s stock worth $8,307,000 after buying an additional 109,995 shares during the period. FMR LLC raised its holdings in KKR Real Estate Finance Trust by 3.6% during the 3rd quarter. FMR LLC now owns 226,767 shares of the company’s stock worth $2,692,000 after buying an additional 7,926 shares during the period. Samalin Investment Counsel LLC raised its holdings in KKR Real Estate Finance Trust by 15.6% during the 3rd quarter. Samalin Investment Counsel LLC now owns 14,598 shares of the company’s stock worth $173,000 after buying an additional 1,970 shares during the period. Finally, Waverly Advisors LLC acquired a new stake in KKR Real Estate Finance Trust during the 3rd quarter worth about $457,000. Institutional investors and hedge funds own 70.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on KREF shares. Keefe, Bruyette & Woods cut their price objective on KKR Real Estate Finance Trust from $10.00 to $9.75 and set a “market perform” rating on the stock in a report on Friday, April 26th. JMP Securities reiterated a “market outperform” rating and issued a $12.00 target price on shares of KKR Real Estate Finance Trust in a report on Tuesday, May 21st. JPMorgan Chase & Co. dropped their target price on KKR Real Estate Finance Trust from $11.50 to $10.00 and set an “overweight” rating on the stock in a report on Wednesday, April 10th. Finally, Wells Fargo & Company dropped their target price on KKR Real Estate Finance Trust from $12.00 to $10.50 and set an “overweight” rating on the stock in a report on Thursday, February 8th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $11.82.

Check Out Our Latest Stock Analysis on KKR Real Estate Finance Trust

KKR Real Estate Finance Trust Trading Down 1.1 %

NYSE:KREF opened at $9.36 on Friday. The stock’s 50 day moving average price is $9.66 and its 200 day moving average price is $10.96. KKR Real Estate Finance Trust Inc. has a 52 week low of $9.09 and a 52 week high of $14.12. The company has a market capitalization of $648.40 million, a P/E ratio of -20.50 and a beta of 0.99. The company has a debt-to-equity ratio of 4.20, a quick ratio of 364.56 and a current ratio of 364.56.

KKR Real Estate Finance Trust (NYSE:KREFGet Free Report) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. KKR Real Estate Finance Trust had a positive return on equity of 10.38% and a negative net margin of 1.39%. The firm had revenue of $151.62 million for the quarter, compared to the consensus estimate of $43.16 million. During the same quarter in the prior year, the company posted $0.48 earnings per share. On average, research analysts forecast that KKR Real Estate Finance Trust Inc. will post 1.33 EPS for the current fiscal year.

KKR Real Estate Finance Trust Profile

(Free Report)

KKR Real Estate Finance Trust Inc, a mortgage real estate investment trust, focuses primarily on originating and acquiring transitional senior loans secured by commercial real estate (CRE) assets. It engages in the origination and purchase of credit investments related to CRE, including leveraged and unleveraged commercial real estate loans.

See Also

Institutional Ownership by Quarter for KKR Real Estate Finance Trust (NYSE:KREF)

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