BRT Apartments (NYSE:BRT) Given New $21.00 Price Target at B. Riley

BRT Apartments (NYSE:BRT) had its target price cut by B. Riley from $22.00 to $21.00 in a report published on Thursday morning,Benzinga reports. They currently have 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 lowered 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 opened at $17.43 on Thursday. BRT Apartments has a 1-year low of $15.92 and a 1-year high of $20.22. The firm has a fifty day simple moving average of $17.70 and a two-hundred day simple moving average 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 cap of $329.86 million, a PE ratio of -32.88 and a beta of 1.11.

BRT Apartments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, March 27th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $1.00 dividend on an annualized basis and a yield of 5.74%. BRT Apartments’s dividend payout ratio is currently -188.68%.

Insider Buying and Selling at BRT Apartments

In other 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 value of $38,702.58. Following the completion of the sale, the chief financial officer now 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 Securities & Exchange Commission, which can be accessed through the SEC website. 40.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

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

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.