Squarepoint Ops LLC Lowers Stock Position in Newmark Group, Inc. $NMRK

Squarepoint Ops LLC decreased its stake in Newmark Group, Inc. (NASDAQ:NMRK) by 35.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 118,482 shares of the company’s stock after selling 66,218 shares during the period. Squarepoint Ops LLC owned 0.07% of Newmark Group worth $1,440,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tower Research Capital LLC TRC increased its holdings in shares of Newmark Group by 208.0% in the second quarter. Tower Research Capital LLC TRC now owns 14,488 shares of the company’s stock worth $176,000 after purchasing an additional 9,784 shares during the period. Lazard Asset Management LLC raised its position in shares of Newmark Group by 335.9% during the 2nd quarter. Lazard Asset Management LLC now owns 132,043 shares of the company’s stock valued at $1,603,000 after buying an additional 101,752 shares in the last quarter. Cubist Systematic Strategies LLC lifted its holdings in shares of Newmark Group by 17.8% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 706,779 shares of the company’s stock worth $8,587,000 after acquiring an additional 107,012 shares during the last quarter. Brevan Howard Capital Management LP grew its position in Newmark Group by 1,205.1% in the second quarter. Brevan Howard Capital Management LP now owns 148,664 shares of the company’s stock worth $1,806,000 after acquiring an additional 137,273 shares in the last quarter. Finally, Balyasny Asset Management L.P. bought a new position in Newmark Group in the second quarter valued at $534,000. Institutional investors own 58.42% of the company’s stock.

Newmark Group Trading Down 1.2%

NMRK opened at $17.50 on Friday. Newmark Group, Inc. has a one year low of $9.65 and a one year high of $19.83. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.39 and a quick ratio of 0.39. The business has a 50 day simple moving average of $17.50 and a two-hundred day simple moving average of $16.09. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of 30.70 and a beta of 1.92.

Newmark Group (NASDAQ:NMRK) last posted its earnings results on Thursday, October 30th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.01. Newmark Group had a return on equity of 23.69% and a net margin of 3.26%.The firm had revenue of $863.46 million for the quarter, compared to analysts’ expectations of $767.12 million. During the same period in the previous year, the firm earned $0.33 earnings per share. The business’s revenue was up 25.9% compared to the same quarter last year. Newmark Group has set its FY 2025 guidance at 1.530-1.630 EPS. Analysts predict that Newmark Group, Inc. will post 1.45 EPS for the current year.

Newmark Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.7%. Newmark Group’s payout ratio is presently 21.05%.

Analyst Ratings Changes

Several analysts have issued reports on NMRK shares. Wall Street Zen raised Newmark Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 15th. Citigroup restated a “market outperform” rating on shares of Newmark Group in a research report on Thursday. Zacks Research downgraded Newmark Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 2nd. Barclays began coverage on Newmark Group in a research report on Tuesday, December 2nd. They set an “overweight” rating and a $21.00 price target on the stock. Finally, Keefe, Bruyette & Woods increased their price objective on Newmark Group from $18.00 to $21.00 and gave the company an “outperform” rating in a research note on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $18.29.

About Newmark Group

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.