Quantinno Capital Management LP Grows Stock Holdings in Newmark Group, Inc. $NMRK

Quantinno Capital Management LP raised its holdings in shares of Newmark Group, Inc. (NASDAQ:NMRKFree Report) by 179.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 103,590 shares of the company’s stock after buying an additional 66,491 shares during the quarter. Quantinno Capital Management LP’s holdings in Newmark Group were worth $1,553,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Focus Partners Wealth increased its holdings in shares of Newmark Group by 4.6% in the 3rd quarter. Focus Partners Wealth now owns 14,176 shares of the company’s stock worth $264,000 after buying an additional 619 shares during the last quarter. Assetmark Inc. grew its position in Newmark Group by 10.6% in the fourth quarter. Assetmark Inc. now owns 8,018 shares of the company’s stock worth $139,000 after acquiring an additional 769 shares in the last quarter. Farther Finance Advisors LLC grew its position in Newmark Group by 42.4% in the fourth quarter. Farther Finance Advisors LLC now owns 2,676 shares of the company’s stock worth $46,000 after acquiring an additional 797 shares in the last quarter. Larson Financial Group LLC increased its stake in Newmark Group by 98.9% during 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. Finally, Bleakley Financial Group LLC increased its stake in Newmark Group by 4.9% during the fourth quarter. Bleakley Financial Group LLC now owns 20,723 shares of the company’s stock worth $359,000 after acquiring an additional 973 shares during the last quarter. 58.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Citizens Jmp upped their price objective on Newmark Group from $21.00 to $22.00 and gave the company a “market outperform” rating in a research report on Friday, May 1st. Citigroup reiterated a “market outperform” rating on shares of Newmark Group in a report on Monday. UBS Group set a $22.00 price target on Newmark Group in a report on Monday. Zacks Research upgraded Newmark Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Finally, Wall Street Zen downgraded Newmark Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Newmark Group has an average rating of “Buy” and a consensus target price of $20.10.

Read Our Latest Research Report on Newmark Group

Newmark Group Stock Performance

Newmark Group stock opened at $14.82 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.48 and a quick ratio of 0.48. The firm has a market capitalization of $2.63 billion, a P/E ratio of 18.30 and a beta of 1.68. Newmark Group, Inc. has a 1-year low of $13.36 and a 1-year high of $19.83. The company’s 50-day moving average is $15.19 and its 200 day moving average is $15.27.

Newmark Group (NASDAQ:NMRKGet Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. Newmark Group had a return on equity of 27.30% and a net margin of 4.11%.The firm had revenue of $888.42 million for the quarter, compared to analysts’ expectations of $865.24 million. During the same quarter in the prior year, the firm posted $0.31 earnings per share. The company’s quarterly revenue was up 17.0% on a year-over-year basis. Newmark Group has set its FY 2026 guidance at 1.870-1.980 EPS. Research analysts forecast that Newmark Group, Inc. will post 1.97 EPS for the current year.

Newmark Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a dividend of $0.06 per share. The ex-dividend date is Friday, August 14th. This represents a $0.24 dividend on an annualized basis and a yield of 1.6%. Newmark Group’s payout ratio is presently 29.63%.

Newmark Group Profile

(Free Report)

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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Institutional Ownership by Quarter for Newmark Group (NASDAQ:NMRK)

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