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

BRT Apartments (NYSE:BRT) had its price target decreased by B. Riley from $22.00 to $21.00 in a report issued on Thursday,Benzinga reports. B. Riley currently has a buy rating on the financial services provider’s stock. 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 cut BRT Apartments from a “buy” rating to a “neutral” rating in a report on Thursday, March 13th.

BRT Apartments Price Performance

Shares of BRT opened at $17.43 on Thursday. The stock has a market cap of $329.86 million, a PE ratio of -32.88 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. The business has a 50-day simple moving average of $17.70 and a two-hundred day simple moving average of $17.97. BRT Apartments has a 12-month low of $15.92 and a 12-month high of $20.22.

BRT Apartments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, March 27th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 5.74%. The ex-dividend date of this dividend is Thursday, March 27th. BRT Apartments’s payout ratio is presently -188.68%.

Insider Activity at BRT Apartments

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 completion of the transaction, the chief financial officer now directly owns 120,797 shares of the company’s stock, valued at approximately $2,181,593.82. This represents a 1.74 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 40.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Tidal Investments LLC raised its holdings in BRT Apartments by 5.2% during the 4th quarter. Tidal Investments LLC now owns 19,168 shares of the financial services provider’s stock valued at $346,000 after acquiring an additional 952 shares during the period. Bank of America Corp DE raised its holdings in shares of BRT Apartments by 26.1% during the 4th quarter. Bank of America Corp DE now owns 17,557 shares of the financial services provider’s stock valued at $317,000 after buying an additional 3,638 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of 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 acquiring an additional 991 shares in the last quarter. Barclays PLC raised its position in BRT Apartments by 15.4% in the 4th quarter. Barclays PLC now owns 16,953 shares of the financial services provider’s stock worth $306,000 after purchasing an additional 2,263 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of BRT Apartments in the fourth quarter worth about $795,000. Institutional investors own 29.07% of the company’s stock.

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.