Arrowstreet Capital Limited Partnership lessened its position in Newmark Group, Inc. (NASDAQ:NMRK – Free Report) by 71.2% during the first quarter, Holdings Channel reports. The institutional investor owned 33,604 shares of the company’s stock after selling 83,112 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Newmark Group were worth $504,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of NMRK. Millstone Evans Group LLC boosted its stake in Newmark Group by 366.3% in the 1st quarter. Millstone Evans Group LLC now owns 1,646 shares of the company’s stock valued at $25,000 after purchasing an additional 1,293 shares during the period. Advisory Services Network LLC acquired a new position in Newmark Group during the third quarter valued at approximately $29,000. Larson Financial Group LLC lifted its holdings in shares of Newmark Group by 98.9% in the third quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock worth $34,000 after acquiring an additional 915 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Newmark Group by 42.4% in the fourth quarter. Farther Finance Advisors LLC now owns 2,676 shares of the company’s stock valued at $46,000 after buying an additional 797 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position in Newmark Group by 4,587.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,687 shares of the company’s stock worth $82,000 after buying an additional 4,587 shares during the period. Institutional investors and hedge funds own 58.42% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. Keefe, Bruyette & Woods upped their price target on shares of Newmark Group from $18.00 to $18.50 and gave the company an “outperform” rating in a research report on Friday, May 1st. Wall Street Zen lowered Newmark Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Weiss Ratings raised Newmark Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Citizens Jmp increased their price target on Newmark Group from $21.00 to $22.00 and gave the stock a “market outperform” rating in a report on Friday, May 1st. Finally, Piper Sandler reissued an “overweight” rating and issued a $19.00 price objective on shares of Newmark Group in a research note on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Newmark Group presently has an average rating of “Buy” and an average target price of $19.62.
Newmark Group Trading Down 1.3%
Newmark Group stock opened at $14.81 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.48 and a current ratio of 0.48. Newmark Group, Inc. has a fifty-two week low of $13.36 and a fifty-two week high of $19.83. The stock has a market cap of $2.63 billion, a P/E ratio of 18.28 and a beta of 1.68. The firm’s fifty day moving average price is $15.16 and its 200-day moving average price is $15.35.
Newmark Group (NASDAQ:NMRK – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. Newmark Group had a net margin of 4.11% and a return on equity of 27.30%. The company had revenue of $888.42 million for the quarter, compared to analysts’ expectations of $865.24 million. During the same period in the prior year, the business earned $0.31 earnings per share. Newmark Group’s revenue for the quarter was up 17.0% compared to the same quarter last year. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. Equities research analysts forecast that Newmark Group, Inc. will post 1.97 earnings per share for the current fiscal year.
Newmark Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, August 14th. Newmark Group’s dividend payout ratio is 29.63%.
Newmark Group Profile
Newmark Group, Inc is a publicly traded commercial real estate advisory firm headquartered in New York City. The company provides a comprehensive suite of services to real estate investors, occupiers and developers, including leasing advisory, property management, capital markets placement, loan servicing, valuation and advisory services. Newmark’s platform integrates local market expertise with national reach to support clients across diverse property types such as office, industrial, retail, multifamily and specialty assets.
Operating across two principal segments—global corporate services and capital markets & property-level services—Newmark delivers tailored solutions encompassing tenant representation, landlord leasing, investment sales, debt and equity financing, and appraisal services.
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