BRT Apartments (NYSE:BRT) Price Target Lowered to $21.00 at B. Riley

BRT Apartments (NYSE:BRT) had its price objective decreased by investment analysts at B. Riley from $22.00 to $21.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. B. Riley’s price objective indicates a potential upside of 20.52% from the stock’s previous close. B. Riley also issued estimates for BRT Apartments’ Q2 2025 earnings at $0.36 EPS and FY2026 earnings at $1.50 EPS.

Separately, Colliers Securities lowered shares of BRT Apartments from a “buy” rating to a “neutral” rating in a research note on Thursday, March 13th.

BRT Apartments Price Performance

Shares of BRT stock opened at $17.43 on Thursday. The firm has a market capitalization of $329.86 million, a price-to-earnings ratio of -32.88 and a beta of 1.11. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.94 and a current ratio of 1.94. The stock’s 50-day simple moving average is $17.70 and its 200-day simple moving average is $17.97. BRT Apartments has a fifty-two week low of $15.92 and a fifty-two week high of $20.22.

Insider Transactions at BRT Apartments

In other news, CFO George Zweier sold 2,143 shares of the stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $18.06, for a total value of $38,702.58. Following the sale, the chief financial officer now owns 120,797 shares in the company, valued at $2,181,593.82. This represents a 1.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 40.20% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC raised its stake in shares of BRT Apartments by 131.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,745 shares of the financial services provider’s stock valued at $31,000 after buying an additional 991 shares during the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in BRT Apartments during the fourth quarter worth about $77,000. Wells Fargo & Company MN raised its position in BRT Apartments by 23.5% during the fourth quarter. Wells Fargo & Company MN now owns 7,571 shares of the financial services provider’s stock valued at $137,000 after acquiring an additional 1,439 shares in the last quarter. Noesis Capital Mangement Corp acquired a new position in BRT Apartments in the third quarter valued at approximately $176,000. Finally, Barclays PLC boosted its position in BRT Apartments by 295.2% in the 3rd quarter. Barclays PLC now owns 14,690 shares of the financial services provider’s stock worth $258,000 after purchasing an additional 10,973 shares in the last quarter. 29.07% of the stock is currently owned by institutional investors and hedge funds.

BRT Apartments Company Profile

BRT Apartments Corp. is a real estate investment trust. It engages in the ownership, operation, and holding interests in joint ventures that own and operate multi-family properties. The company was founded in June 1972 and is headquartered in Great Neck, NY.