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

BRT Apartments (NYSE:BRT) had its target price cut by analysts at B. Riley from $22.00 to $21.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. B. Riley’s price target suggests a potential upside of 20.52% from the company’s current price. 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 downgraded shares of BRT Apartments from a “buy” rating to a “neutral” rating in a research note on Thursday, March 13th.

BRT Apartments Stock Down 0.8 %

Shares of BRT opened at $17.43 on Thursday. The firm has a fifty day moving average price of $17.70 and a 200-day moving average price of $17.97. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 2.31. The firm has a market capitalization of $329.86 million, a P/E ratio of -32.88 and a beta of 1.11. BRT Apartments has a 12-month low of $15.92 and a 12-month high of $20.22.

Insiders Place Their Bets

In other BRT Apartments news, CFO George Zweier sold 2,143 shares of the stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $18.06, for a total transaction of $38,702.58. Following the sale, the chief financial officer now owns 120,797 shares of the company’s stock, valued at approximately $2,181,593.82. This trade represents a 1.74 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 40.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in BRT Apartments by 127.2% in the third quarter. JPMorgan Chase & Co. now owns 21,621 shares of the financial services provider’s stock valued at $380,000 after purchasing an additional 12,103 shares during the last quarter. Wealth Alliance boosted its holdings in shares of BRT Apartments by 141.7% in the 4th quarter. Wealth Alliance now owns 65,621 shares of the financial services provider’s stock valued at $1,183,000 after buying an additional 38,475 shares in the last quarter. Barclays PLC grew its position in shares of 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 buying an additional 10,973 shares during the last quarter. State Street Corp grew its position in shares of BRT Apartments by 0.6% in the 3rd quarter. State Street Corp now owns 244,355 shares of the financial services provider’s stock worth $4,356,000 after buying an additional 1,561 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC bought a new position in shares of BRT Apartments during the 3rd quarter worth approximately $1,594,000. 29.07% of the stock is owned by institutional investors.

About BRT Apartments

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.