Teachers Advisors LLC Buys Shares of 18,774 KKR Real Estate Finance Trust Inc (KREF)

Teachers Advisors LLC bought a new stake in shares of KKR Real Estate Finance Trust Inc (NASDAQ:KREF) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,774 shares of the company’s stock, valued at approximately $404,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KREF. Schwab Charles Investment Management Inc. bought a new position in shares of KKR Real Estate Finance Trust during the 2nd quarter valued at approximately $814,000. Teacher Retirement System of Texas bought a new position in shares of KKR Real Estate Finance Trust during the 2nd quarter valued at approximately $10,750,000. Rhumbline Advisers bought a new position in shares of KKR Real Estate Finance Trust during the 2nd quarter valued at approximately $235,000. Botty Investors LLC bought a new position in shares of KKR Real Estate Finance Trust during the 2nd quarter valued at approximately $6,110,000. Finally, Bank of New York Mellon Corp bought a new position in shares of KKR Real Estate Finance Trust during the 2nd quarter valued at approximately $787,000.

KKR Real Estate Finance Trust Inc (NASDAQ:KREF) opened at $19.95 on Tuesday. KKR Real Estate Finance Trust Inc has a 1-year low of $19.57 and a 1-year high of $23.99.

KREF has been the subject of a number of recent analyst reports. Zacks Investment Research cut KKR Real Estate Finance Trust from a “buy” rating to a “hold” rating in a report on Tuesday, August 15th. Keefe, Bruyette & Woods restated a “hold” rating and set a $22.50 price objective on shares of KKR Real Estate Finance Trust in a report on Friday, July 21st.

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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.

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

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