Newmark Group, Inc. $NMRK Shares Sold by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC lowered its holdings in Newmark Group, Inc. (NASDAQ:NMRK) by 73.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,047 shares of the company’s stock after selling 37,914 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Newmark Group were worth $262,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its position in shares of Newmark Group by 338.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,879 shares of the company’s stock worth $35,000 after purchasing an additional 1,450 shares during the period. Global Retirement Partners LLC increased its position in Newmark Group by 135.9% in the third quarter. Global Retirement Partners LLC now owns 2,326 shares of the company’s stock worth $43,000 after buying an additional 1,340 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Newmark Group in the second quarter worth $131,000. WINTON GROUP Ltd bought a new stake in Newmark Group in the second quarter valued at $138,000. Finally, CWM LLC boosted its holdings in shares of Newmark Group by 53.3% during the second quarter. CWM LLC now owns 11,793 shares of the company’s stock valued at $143,000 after acquiring an additional 4,100 shares during the period. 58.42% of the stock is owned by institutional investors.

Newmark Group Price Performance

Shares of NASDAQ:NMRK opened at $17.09 on Friday. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 29.98 and a beta of 1.93. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.39 and a quick ratio of 0.39. Newmark Group, Inc. has a 12 month low of $9.65 and a 12 month high of $19.83. The stock’s 50 day moving average price is $17.20 and its 200 day moving average price is $17.11.

Newmark Group (NASDAQ:NMRK) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $767.12 million. During the same period last year, the company posted $0.33 EPS. The firm’s quarterly revenue was up 25.9% on a year-over-year basis. Newmark Group has set its FY 2025 guidance at 1.530-1.630 EPS. Equities research analysts anticipate that Newmark Group, Inc. will post 1.45 earnings per share for the current fiscal year.

Newmark Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Investors 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 annualized dividend and a yield of 0.7%. Newmark Group’s dividend payout ratio (DPR) is currently 21.05%.

Analysts Set New Price Targets

NMRK has been the topic of a number of analyst reports. Wall Street Zen raised shares of Newmark Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 15th. Weiss Ratings restated a “hold (c)” rating on shares of Newmark Group in a research report on Thursday. Keefe, Bruyette & Woods raised their price target on shares of Newmark Group from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. Citigroup reiterated a “market outperform” rating on shares of Newmark Group in a research report on Thursday, December 18th. Finally, Barclays began coverage on Newmark Group in a report on Tuesday, December 2nd. They issued an “overweight” rating and a $21.00 price objective for the company. One 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $18.43.

Newmark Group Company 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.