Wellington Management Group LLP Decreases Stock Position in Newmark Group, Inc. $NMRK

Wellington Management Group LLP decreased its position in shares of Newmark Group, Inc. (NASDAQ:NMRK) by 63.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 479,281 shares of the company’s stock after selling 838,015 shares during the period. Wellington Management Group LLP owned about 0.26% of Newmark Group worth $7,242,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in NMRK. Balyasny Asset Management L.P. boosted its position in Newmark Group by 422.0% in the 4th quarter. Balyasny Asset Management L.P. now owns 2,039,976 shares of the company’s stock valued at $35,373,000 after buying an additional 1,649,189 shares during the last quarter. Adage Capital Partners GP L.L.C. purchased a new stake in shares of Newmark Group during the second quarter worth about $14,580,000. Ameriprise Financial Inc. lifted its stake in shares of Newmark Group by 88.9% in the second quarter. Ameriprise Financial Inc. now owns 2,520,314 shares of the company’s stock worth $30,622,000 after acquiring an additional 1,186,191 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Newmark Group by 84.5% in the second quarter. Raymond James Financial Inc. now owns 1,336,702 shares of the company’s stock valued at $16,241,000 after purchasing an additional 612,363 shares during the last quarter. Finally, Voloridge Investment Management LLC increased its holdings in Newmark Group by 3,263.7% during the 3rd quarter. Voloridge Investment Management LLC now owns 559,107 shares of the company’s stock worth $10,427,000 after purchasing an additional 542,485 shares during the last quarter. Institutional investors and hedge funds own 58.42% of the company’s stock.

Newmark Group Price Performance

Shares of NASDAQ:NMRK opened at $14.83 on Wednesday. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.50. Newmark Group, Inc. has a fifty-two week low of $13.36 and a fifty-two week high of $19.83. The firm has a 50-day simple moving average of $15.38 and a 200 day simple moving average of $15.15. The company has a market cap of $2.69 billion, a PE ratio of 18.31 and a beta of 1.67.

Newmark Group (NASDAQ:NMRK) last issued its earnings results on Wednesday, July 29th. The company reported $0.39 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.39. Newmark Group had a net margin of 4.11% and a return on equity of 27.07%. The firm had revenue of $888.42 million for the quarter, compared to analysts’ expectations of $865.24 million. During the same quarter last year, the company posted $0.31 earnings per share. Newmark Group’s 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. On average, sell-side analysts anticipate that Newmark Group, Inc. will post 1.97 EPS for the current year.

Newmark Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.24 annualized dividend and a dividend yield of 1.6%. Newmark Group’s dividend payout ratio (DPR) is 29.63%.

Analyst Ratings Changes

A number of research firms have recently weighed in on NMRK. Zacks Research raised shares of Newmark Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Barclays increased their price target on shares of Newmark Group from $19.00 to $20.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Piper Sandler reissued an “overweight” rating and issued a $19.00 price objective on shares of Newmark Group in a report on Monday, June 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Newmark Group in a report on Friday, August 7th. Finally, UBS Group set a $22.00 price target on Newmark Group in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $20.30.

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.