BRT Apartments (NYSE:BRT) Has $16 Target From JMP Securities.

June 29, 2018 - By Mary Anderson

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 rose holdings while 16 funds bought holdings. Funds hold 6.65 million shares thus 135.26% more from 2017Q4’s 2.83 million shares.

Altfest L J & Com reported 86,792 shs. Clarivest Asset Mngmt has invested 0% in BRT Apartments Corp. (NYSE:BRT). The Massachusetts-based Geode Mgmt has invested 0% in BRT Apartments Corp. (NYSE:BRT). Invesco Ltd holds 0% of its capital in BRT Apartments Corp. (NYSE:BRT) for 12,369 shs. 20,410 are owned by Albert D Mason Incorporated. Deutsche Bancorporation Ag reported 0% stake. Renaissance Technology Ltd holds 0% or 354,860 shs in its capital. Great West Life Assurance Can invested 0% of its capital in BRT Apartments Corp. (NYSE:BRT). Eam Invsts Ltd Liability Company holds 0.1% in BRT Apartments Corp. (NYSE:BRT) or 50,286 shs. Susquehanna Int Gru Llp reported 0% in BRT Apartments Corp. (NYSE:BRT). Acadian Asset Mngmt Ltd Liability Corporation holds 0% of its capital in BRT Apartments Corp. (NYSE:BRT) for 57,032 shs. Manufacturers Life Insurance The invested in 183 shs. Barclays Public Limited Co has 0% invested in BRT Apartments Corp. (NYSE:BRT) for 1,500 shs. Oppenheimer & Close Limited Liability Company holds 4.58% in BRT Apartments Corp. (NYSE:BRT) or 408,541 shs. Towerview Ltd Liability Com has invested 2.49% of its capital in BRT Apartments Corp. (NYSE:BRT).

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

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

Stock analysts at JMP Securities placed Market Outperform rating and has price target of $16 on BRT’s shares. On Thursday, 28 June a coverage started with BRT Apartments (NYSE:BRT)‘s stock.

BRT is touching $13.22 during the last trading session, after increased 0.84%.BRT Apartments Corp. has 54,059 shares volume, 17.93% up from normal. BRT is uptrending and has moved 56.20% since June 29, 2017. The stock outperformed the S&P 500 by 43.63%.

On August, 14 is anticipated BRT Apartments Corp. (NYSE:BRT)’s earnings report, according to Zacks. This year’s earnings per share analyst estimate is anticipated to be $0.24. That is 4.35 % up compareed to $0.23 earnings per share for last year. If BRT’s EPS is $0.24 the profit will reach $3.44M for 13.77 P/E. Wall Street predicts -4.00 % negative EPS growth as of August, 14.

BRT is a real estate investment trust that owns, operates and develops multi-family properties.The company has $189.62 million market cap. 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 recently 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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