UBS Group AG lifted its position in KKR Real Estate Finance Trust Inc (NYSE:KREF) by 4.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 771,231 shares of the company’s stock after acquiring an additional 35,899 shares during the quarter. UBS Group AG’s holdings in KKR Real Estate Finance Trust were worth $15,749,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp lifted its holdings in shares of KKR Real Estate Finance Trust by 46.2% in the 4th quarter. State Street Corp now owns 899,198 shares of the company’s stock worth $18,747,000 after acquiring an additional 284,071 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of KKR Real Estate Finance Trust by 19.7% in the 4th quarter. Acadian Asset Management LLC now owns 712,732 shares of the company’s stock worth $14,555,000 after acquiring an additional 117,460 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of KKR Real Estate Finance Trust by 1.7% in the 4th quarter. Bessemer Group Inc. now owns 392,449 shares of the company’s stock worth $8,014,000 after acquiring an additional 6,535 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of KKR Real Estate Finance Trust by 2,446.8% in the 3rd quarter. Millennium Management LLC now owns 337,653 shares of the company’s stock worth $6,594,000 after acquiring an additional 324,395 shares during the last quarter. Finally, Credit Suisse AG lifted its holdings in shares of KKR Real Estate Finance Trust by 179.1% in the 4th quarter. Credit Suisse AG now owns 263,903 shares of the company’s stock worth $5,389,000 after acquiring an additional 169,339 shares during the last quarter. Hedge funds and other institutional investors own 85.15% of the company’s stock.

KREF has been the subject of several analyst reports. Zacks Investment Research lowered shares of KKR Real Estate Finance Trust from a “hold” rating to a “strong sell” rating in a report on Friday, February 28th. Compass Point initiated 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 target price for the company. Finally, Citigroup upgraded shares of KKR Real Estate Finance Trust from a “neutral” rating to a “buy” rating and set a $14.00 target price for the company in a report on Wednesday.

KREF traded up $2.14 on Thursday, reaching $13.56. 1,674,524 shares of the company traded hands, compared to its average volume of 589,360. KKR Real Estate Finance Trust Inc has a one year low of $6.84 and a one year high of $22.03. The firm has a fifty day simple moving average of $18.33 and a two-hundred day simple moving average of $19.69. The company has a market cap of $656.54 million, a P/E ratio of 8.64 and a beta of 0.32. The company has a quick ratio of 499.05, a current ratio of 499.05 and a debt-to-equity ratio of 3.41.

KKR Real Estate Finance Trust (NYSE:KREF) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. KKR Real Estate Finance Trust had a net margin of 48.01% and a return on equity of 8.55%. The company had revenue of $31.08 million during the quarter, compared to analyst estimates of $29.82 million. On average, equities analysts forecast that KKR Real Estate Finance Trust Inc will post 1.69 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, March 30th. This represents a $1.72 dividend on an annualized basis and a yield of 12.68%. KKR Real Estate Finance Trust’s payout ratio is 102.99%.

About KKR Real Estate Finance Trust

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.

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

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