B. Riley Issues Pessimistic Forecast for BRT Apartments (NYSE:BRT) Stock Price

BRT Apartments (NYSE:BRT - Get Free Report) had its price objective dropped by B. Riley from $22.00 to $21.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a "buy" rating on the financial services provider's stock. B. Riley's price objective would indicate a potential upside of 23.13% from the company'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 report on Thursday, March 13th.

BRT Apartments Stock Performance

NYSE BRT traded down $0.36 during trading hours on Thursday, hitting $17.06. 41,014 shares of the stock were exchanged, compared to its average volume of 32,610. BRT Apartments has a 12-month low of $15.92 and a 12-month high of $20.22. The stock has a 50-day moving average of $17.70 and a 200 day moving average of $17.97. The company has a market cap of $322.85 million, a price-to-earnings ratio of -32.18 and a beta of 1.11. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 2.31.

Insider Activity

In other BRT Apartments news, CFO George Zweier sold 2,143 shares of the firm's stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $18.06, for a total transaction of $38,702.58. Following the completion of the transaction, the chief financial officer now directly owns 120,797 shares in the company, valued at approximately $2,181,593.82. This trade represents a 1.74 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 40.20% of the company's stock.

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Institutional Inflows and Outflows

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

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.