KKR Real Estate Finance Trust Inc (NASDAQ:KREF)‘s stock had its “hold” rating restated by research analysts at Keefe, Bruyette & Woods in a report issued on Friday. They presently have a $22.00 price target on the stock. Keefe, Bruyette & Woods’ price target suggests a potential upside of 10.44% from the stock’s current price.

Separately, Zacks Investment Research raised KKR Real Estate Finance Trust from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research report on Tuesday, August 1st.

Shares of KKR Real Estate Finance Trust (NASDAQ KREF) traded up $0.04 during trading hours 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 1 year low of $19.57 and a 1 year high of $23.99.

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

COPYRIGHT VIOLATION NOTICE: “KKR Real Estate Finance Trust Inc (KREF) Stock Rating Reaffirmed by Keefe, Bruyette & Woods” was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another site, it was illegally stolen and reposted in violation of international trademark & copyright law. The legal version of this report can be read at https://www.dailypolitical.com/2017/11/12/kkr-real-estate-finance-trust-inc-kref-stock-rating-reaffirmed-by-keefe-bruyette-woods.html.

In other KKR Real Estate Finance Trust news, CEO Christen E.J. Lee acquired 17,100 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was purchased at an average cost of $19.95 per share, with a total value of $341,145.00. Following the transaction, the chief executive officer now owns 36,957 shares of the company’s stock, valued at $737,292.15. The transaction was disclosed in a filing with the SEC, which is available at this link.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wells Fargo & Company MN grew its position in KKR Real Estate Finance Trust by 293.7% in the 3rd quarter. Wells Fargo & Company MN now owns 6,712 shares of the company’s stock valued at $141,000 after acquiring an additional 5,007 shares in the last quarter. Zweig DiMenna Associates LLC grew its position in KKR Real Estate Finance Trust by 88.9% in the 3rd quarter. Zweig DiMenna Associates LLC now owns 106,252 shares of the company’s stock valued at $2,236,000 after acquiring an additional 50,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. acquired a new position in KKR Real Estate Finance Trust in the 3rd quarter valued at about $205,000. California State Teachers Retirement System acquired a new position in KKR Real Estate Finance Trust in the 2nd quarter valued at about $393,000. Finally, Tower Research Capital LLC TRC acquired a new position in KKR Real Estate Finance Trust in the 2nd quarter valued at about $187,000.

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 MarketBeat.com's FREE daily email newsletter.