ICO News

Acadian Asset Management LLC Purchases 117,460 Shares of KKR Real Estate Finance Trust Inc (NYSE:KREF) – Enterprise Echo


Acadian Asset Management LLC lifted its position in shares of KKR Real Estate Finance Trust Inc (NYSE:KREF) by 19.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 712,732 shares of the company’s stock after purchasing an additional 117,460 shares during the period. Acadian Asset Management LLC owned 1.24% of KKR Real Estate Finance Trust worth $14,555,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC bought a new stake in KKR Real Estate Finance Trust in the 4th quarter valued at $33,000. US Bancorp DE increased its holdings in shares of KKR Real Estate Finance Trust by 392.5% in the fourth quarter. US Bancorp DE now owns 1,827 shares of the company’s stock valued at $37,000 after purchasing an additional 1,456 shares during the last quarter. Denali Advisors LLC bought a new position in shares of KKR Real Estate Finance Trust in the fourth quarter valued at about $65,000. Catalyst Capital Advisors LLC raised its position in shares of KKR Real Estate Finance Trust by 179.9% in the third quarter. Catalyst Capital Advisors LLC now owns 5,430 shares of the company’s stock valued at $106,000 after purchasing an additional 3,490 shares during the period. Finally, Nisa Investment Advisors LLC lifted its stake in shares of KKR Real Estate Finance Trust by 30.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 7,308 shares of the company’s stock worth $143,000 after buying an additional 1,717 shares during the last quarter. Institutional investors own 79.98% of the company’s stock.

KREF has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of KKR Real Estate Finance Trust from a “buy” rating to a “hold” rating in a report on Saturday, February 1st. Compass Point started coverage on shares of KKR Real Estate Finance Trust in a report on Monday, December 2nd. They issued a “neutral” rating and a $20.50 price target on the stock.

KKR Real Estate Finance Trust stock opened at $21.39 on Tuesday. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 14.45, a PEG ratio of 2.52 and a beta of 0.23. The company has a current ratio of 407.43, a quick ratio of 407.43 and a debt-to-equity ratio of 3.55. KKR Real Estate Finance Trust Inc has a 12 month low of $18.82 and a 12 month high of $21.48. The stock’s 50 day moving average is $20.91 and its 200-day moving average is $20.06.

KKR Real Estate Finance Trust Company Profile

KKR Real Estate Finance Trust Inc, a real estate finance company, focuses primarily on originating and acquiring senior loans secured by commercial real estate assets. The company engages in the origination and purchase of credit investments related to commercial real estate, including leveraged and unleveraged commercial mortgage loans, and commercial mortgage-backed securities.

Read More: What is an Initial Coin Offering (ICO)?

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:KREF).

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.



READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.