Campbell & CO Investment Adviser LLC Takes Position in KKR Real Estate Finance Trust Inc. (NYSE:KREF)

Campbell & CO Investment Adviser LLC acquired a new stake in KKR Real Estate Finance Trust Inc. (NYSE:KREFFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 29,335 shares of the company’s stock, valued at approximately $388,000.

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

KKR Real Estate Finance Trust Stock Down 0.5 %

Shares of NYSE KREF opened at $9.21 on Tuesday. The company has a current ratio of 364.56, a quick ratio of 364.56 and a debt-to-equity ratio of 4.20. The company has a market cap of $638.35 million, a price-to-earnings ratio of -20.06 and a beta of 0.99. KKR Real Estate Finance Trust Inc. has a 12 month low of $9.09 and a 12 month high of $14.12. The stock has a 50-day moving average price of $9.63 and a two-hundred day moving average price of $10.91.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. JMP Securities reissued a “market outperform” rating and issued a $12.00 target price on shares of KKR Real Estate Finance Trust in a research report on Tuesday, May 21st. JPMorgan Chase & Co. reduced their target price on shares of KKR Real Estate Finance Trust from $11.50 to $10.00 and set an “overweight” rating for the company in a research report on Wednesday, April 10th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of KKR Real Estate Finance Trust from $10.00 to $9.75 and set a “market perform” rating for the company in a research report on Friday, April 26th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, KKR Real Estate Finance Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $11.82.

Get Our Latest Research Report on KKR Real Estate Finance Trust

KKR Real Estate Finance Trust Company 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

Want to see what other hedge funds are holding KREF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KKR Real Estate Finance Trust Inc. (NYSE:KREFFree Report).

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

Receive News & Ratings for KKR Real Estate Finance Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KKR Real Estate Finance Trust and related companies with MarketBeat.com's FREE daily email newsletter.