Keefe, Bruyette & Woods reissued their hold rating on shares of KKR Real Estate Finance Trust Inc (NASDAQ:KREF) in a report issued on Friday. Keefe, Bruyette & Woods currently has a $22.00 price target on the stock.

Separately, Zacks Investment Research raised KKR Real Estate Finance Trust from a sell rating to a hold rating in a research report on Wednesday, August 30th.

Shares of KKR Real Estate Finance Trust (KREF) traded up $0.04 on Friday, hitting $19.92. The company had a trading volume of 23,435 shares, compared to its average volume of 26,771. KKR Real Estate Finance Trust has a one year low of $19.57 and a one year high of $23.99.

KKR Real Estate Finance Trust (NASDAQ:KREF) last released its earnings results on Wednesday, August 9th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.01). KKR Real Estate Finance Trust had a return on equity of 6.60% and a net margin of 64.81%. The firm had revenue of $17.45 million during the quarter, compared to analysts’ expectations of $17.87 million.

ILLEGAL ACTIVITY WARNING: “KKR Real Estate Finance Trust Inc (KREF) Receives “Hold” Rating from Keefe, Bruyette & Woods” was originally published by Watch List News and is the property of of Watch List News. If you are reading this piece on another site, it was copied illegally and republished in violation of U.S. and international copyright laws. The correct version of this piece can be read at https://www.watchlistnews.com/kkr-real-estate-finance-trust-inc-kref-receives-hold-rating-from-keefe-bruyette-woods/1698850.html.

In other news, CEO Christen E.J. Lee bought 17,100 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was acquired at an average cost of $19.95 per share, with a total value of $341,145.00. Following the completion of the transaction, the chief executive officer now directly owns 36,957 shares of the company’s stock, valued at approximately $737,292.15. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

A number of large investors have recently added to or reduced their stakes in KREF. Nationwide Fund Advisors purchased a new stake in KKR Real Estate Finance Trust in the second quarter worth $128,000. Wells Fargo & Company MN increased its position in KKR Real Estate Finance Trust by 293.7% in the third quarter. Wells Fargo & Company MN now owns 6,712 shares of the company’s stock worth $141,000 after buying an additional 5,007 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in KKR Real Estate Finance Trust in the second quarter worth $154,000. Tower Research Capital LLC TRC bought a new position in shares of KKR Real Estate Finance Trust in the second quarter worth $187,000. Finally, Raymond James Financial Services Advisors Inc. bought a new position in shares of KKR Real Estate Finance Trust in the third quarter worth $205,000.

About KKR Real Estate Finance Trust

KKR Real Estate Finance Trust Inc is a real estate finance company that focuses primarily on originating and acquiring senior mortgage loans secured by commercial real estate assets (CRE). KKR manages investments across multiple asset classes, including private equity, real estate, energy, infrastructure, credit and hedge funds.

Receive News & Ratings for KKR Real Estate Finance Trust Inc 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 Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.