Quantinno Capital Management LP Buys 66,491 Shares of Newmark Group, Inc. $NMRK

Quantinno Capital Management LP lifted its stake in shares of Newmark Group, Inc. (NASDAQ:NMRKFree Report) by 179.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 103,590 shares of the company’s stock after acquiring an additional 66,491 shares during the quarter. Quantinno Capital Management LP owned approximately 0.06% of Newmark Group worth $1,553,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new position in shares of Newmark Group in the third quarter worth approximately $29,000. Millstone Evans Group LLC lifted its stake in shares of Newmark Group by 366.3% during the 1st quarter. Millstone Evans Group LLC now owns 1,646 shares of the company’s stock valued at $25,000 after buying an additional 1,293 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Newmark Group by 98.9% in the 3rd quarter. Larson Financial Group LLC now owns 1,840 shares of the company’s stock worth $34,000 after buying an additional 915 shares during the period. Farther Finance Advisors LLC increased its stake in Newmark Group by 42.4% in the 4th quarter. Farther Finance Advisors LLC now owns 2,676 shares of the company’s stock worth $46,000 after buying an additional 797 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Newmark Group by 4,587.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,687 shares of the company’s stock valued at $82,000 after acquiring an additional 4,587 shares during the period. 58.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on NMRK. Wall Street Zen downgraded Newmark Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 5th. UBS Group set a $22.00 target price on Newmark Group in a research note on Monday. Citigroup reissued a “market outperform” rating on shares of Newmark Group in a report on Monday. Weiss Ratings restated a “hold (c+)” rating on shares of Newmark Group in a research note on Friday, August 7th. Finally, Keefe, Bruyette & Woods increased their price objective on shares of Newmark Group from $18.00 to $18.50 and gave the company an “outperform” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $20.10.

Read Our Latest Stock Analysis on Newmark Group

Newmark Group Stock Up 0.3%

Shares of NMRK stock opened at $14.82 on Thursday. The company’s fifty day simple moving average is $15.19 and its two-hundred day simple moving average is $15.27. Newmark Group, Inc. has a 52 week low of $13.36 and a 52 week high of $19.83. The stock has a market cap of $2.63 billion, a P/E ratio of 18.30 and a beta of 1.68. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.50.

Newmark Group (NASDAQ:NMRKGet Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.39 earnings per share 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 during the quarter, compared to analyst estimates of $865.24 million. During the same quarter last year, the business posted $0.31 earnings per share. The business’s quarterly revenue 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. Analysts predict that Newmark Group, Inc. will post 1.97 EPS for the current fiscal year.

Newmark Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, August 14th. Newmark Group’s dividend payout ratio (DPR) is currently 29.63%.

Newmark Group Company 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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