On Jun 29, 2018 BRT Apartments (NYSE:BRT) with $16 Target Analyzed by JMP Securities.

June 29, 2018 - By Nicole Mills

BRT Apartments Corp. (NYSE:BRT) Corporate Logo

During 2018 Q1 the big money sentiment increased to 4.5. That’s change of 2.17, from 2017Q4’s 2.33. 1 investors sold all, 5 reduced holdings as BRT Apartments Corp. ratio is positive. 11 increased positions while 16 funds bought positions. Funds hold 6.65 million shares thus 135.26% more from 2017Q4’s 2.83 million shares.

Price Michael F reported 168,369 shs or 0.23% of all its holdings. Acadian Asset Limited Com owns 0% invested in BRT Apartments Corp. (NYSE:BRT) for 57,032 shs. Tower Rech Lc (Trc) owns 3,690 shs for 0% of their capital. Clarivest Asset Management Limited Liability Co invested in 9,756 shs. Oppenheimer & Close Ltd Limited Liability Company invested in 4.58% or 408,541 shs. Towerview Ltd Llc invested in 450,104 shs or 2.49% of the stock. New Jersey-based State Of New Jersey Common Pension Fund D has invested 0% in BRT Apartments Corp. (NYSE:BRT). California Employees Retirement holds 0% of its capital in BRT Apartments Corp. (NYSE:BRT) for 13,549 shs. First Manhattan Company owns 228,602 shs. Schnieders Cap Limited has invested 0.11% in BRT Apartments Corp. (NYSE:BRT). Hillsdale Invest Inc invested in 0.19% or 114,000 shs. Deutsche National Bank Ag invested 0% of its capital in BRT Apartments Corp. (NYSE:BRT). Blackrock, a New York-based fund reported 404,897 shs. Susquehanna Intll Limited Liability Partnership invested 0% in BRT Apartments Corp. (NYSE:BRT). Goldman Sachs Gp Inc holds 0% or 22,700 shs.

BRT Apartments Corp. registered $98,168 net activity with 0 buys and 1 insider sale since June 20, 2018.

What Price Target Has JMP Securities Given BRT Apartments (NYSE:BRT)

Research professionals at JMP Securities has Market Outperform rating and has target of $16 on BRT’s shares. On Thursday morning a coverage has begun with BRT Apartments (NYSE:BRT)‘s stock.

The stock increased 0.84% or $0.11 during the last trading session, reaching $13.22.BRT Apartments Corp. is uptrending after having risen 56.20% since June 29, 2017. BRT has 54,059 volume or 17.93% up from normal. The stock outperformed the S&P500 by 43.63%.

On August, 14. Investors expect BRT Apartments Corp. (NYSE:BRT) to announce its quarterly earnings, as reported by RTT. EPS of $0.24 is 4.35 % up from 2017’s $0.23 EPS. BRT’s profit could reach $3.44 million with 13.77 P/E in case $0.24 EPS is revealed. -4.00 % negative EPS growth is what Wall Street’s sees after $0.25 reported EPS last quarter.

BRT is a real estate investment trust that owns, operates and develops multi-family properties.The firm is valued at $189.62 million. Interested parties are urged to review the Form 10-Q filed with the Securities and Exchange Commission for the quarter ended March 31, 2018 and the supplemental disclosures regarding the quarter on the investor relations section of the Company's website at: http://brtapartments.com/investor_relations for further details.The P/E ratio is 5.6. The Form 10-Q can also be linked through the ?Investor Relations? section of BRT's website.

Another two news for BRT Apartments Corp. (NYSE:BRT) were briefly released by: Streetinsider.com on June 28, 2018 with title “JMP Securities Starts BRT Apartments (BRT) at Market Outperform”. The other Globenewswire.com‘s article was titled “BRT Apartments Corp. Declares Quarterly Dividend” and released on June 12, 2018.

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