Vatera Holdings LLC Purchases Shares of 228,491 KKR Real Estate Finance Trust Inc (KREF)

Vatera Holdings LLC purchased a new stake in shares of KKR Real Estate Finance Trust Inc (NYSE:KREF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 228,491 shares of the company’s stock, valued at approximately $4,572,000. KKR Real Estate Finance Trust accounts for approximately 2.7% of Vatera Holdings LLC’s investment portfolio, making the stock its 5th biggest holding.

Several other institutional investors have also recently added to or reduced their stakes in KREF. Vanguard Group Inc. bought a new stake in shares of KKR Real Estate Finance Trust during the 2nd quarter valued at about $17,655,000. State Street Corp bought a new stake in shares of KKR Real Estate Finance Trust during the 2nd quarter valued at about $2,200,000. Goldman Sachs Group Inc. bought a new stake in shares of KKR Real Estate Finance Trust during the 2nd quarter valued at about $1,410,000. Zweig DiMenna Associates LLC grew its stake in shares of KKR Real Estate Finance Trust by 88.9% during the 3rd quarter. Zweig DiMenna Associates LLC now owns 106,252 shares of the company’s stock valued at $2,236,000 after purchasing an additional 50,000 shares during the period. Finally, Schwab Charles Investment Management Inc. purchased a new position in shares of KKR Real Estate Finance Trust during the 2nd quarter valued at about $814,000. Institutional investors and hedge funds own 70.69% of the company’s stock.

KKR Real Estate Finance Trust Inc (KREF) opened at $19.63 on Friday. KKR Real Estate Finance Trust Inc has a 12-month low of $18.09 and a 12-month high of $23.99. The company has a current ratio of 1,736.11, a quick ratio of 1,736.11 and a debt-to-equity ratio of 0.71.

A number of research firms have recently weighed in on KREF. ValuEngine cut KKR Real Estate Finance Trust from a “buy” rating to a “hold” rating in a research report on Friday. Zacks Investment Research cut KKR Real Estate Finance Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 8th. JPMorgan Chase & Co. cut KKR Real Estate Finance Trust from a “neutral” rating to an “underweight” rating and set a $23.00 price objective on the stock. in a research report on Tuesday, February 6th. Barclays began coverage on KKR Real Estate Finance Trust in a research report on Friday, January 19th. They set an “overweight” rating on the stock. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $22.00 price objective on shares of KKR Real Estate Finance Trust in a research report on Friday, November 10th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $22.67.

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KKR Real Estate Finance Trust Profile

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.

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

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