Newmark Group, Inc. $NMRK Position Increased by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its holdings in shares of Newmark Group, Inc. (NASDAQ:NMRK) by 52.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 410,944 shares of the company’s stock after buying an additional 141,835 shares during the period. BNP Paribas Financial Markets owned about 0.23% of Newmark Group worth $7,126,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Quantbot Technologies LP lifted its position in shares of Newmark Group by 2,289.5% in the 3rd quarter. Quantbot Technologies LP now owns 157,827 shares of the company’s stock valued at $2,943,000 after acquiring an additional 151,222 shares in the last quarter. Brummer Multi Strategy AB purchased a new stake in shares of Newmark Group in the 3rd quarter valued at approximately $3,535,000. Jefferies Financial Group Inc. lifted its position in shares of Newmark Group by 170.3% in the 3rd quarter. Jefferies Financial Group Inc. now owns 438,150 shares of the company’s stock valued at $8,171,000 after acquiring an additional 276,030 shares in the last quarter. Vision Capital Corp purchased a new stake in shares of Newmark Group in the 3rd quarter valued at approximately $2,585,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Newmark Group by 32.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,793,401 shares of the company’s stock valued at $33,447,000 after acquiring an additional 435,646 shares in the last quarter. 58.42% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on NMRK. Keefe, Bruyette & Woods increased their target price on shares of Newmark Group from $18.00 to $18.50 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Weiss Ratings upgraded shares of Newmark Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Wall Street Zen upgraded shares of Newmark Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 28th. Citizens Jmp increased their price target on shares of Newmark Group from $21.00 to $22.00 and gave the stock a “market outperform” rating in a research note on Friday, May 1st. Finally, Barclays dropped their price target on shares of Newmark Group from $21.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, March 13th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $19.63.

Newmark Group Stock Performance

NASDAQ:NMRK opened at $15.19 on Wednesday. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $2.70 billion, a PE ratio of 18.75 and a beta of 1.69. The firm’s fifty day simple moving average is $15.27 and its 200 day simple moving average is $15.94. Newmark Group, Inc. has a 1 year low of $11.02 and a 1 year high of $19.83.

Newmark Group (NASDAQ:NMRK) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $846.52 million for the quarter. Newmark Group had a net margin of 4.30% and a return on equity of 26.23%. On average, sell-side analysts anticipate that Newmark Group, Inc. will post 1.91 EPS for the current year.

Newmark Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 14th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.24 annualized dividend and a yield of 1.6%. This is an increase from Newmark Group’s previous quarterly dividend of $0.03. Newmark Group’s payout ratio is 29.63%.

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.