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

Key Points

• Squarepoint Ops LLC reduced its Newmark Group stake by 26.5% in the second quarter, selling 127,090 shares and retaining 351,713 shares worth approximately $5.3 million. Institutional investors collectively own 58.42% of the company.
• Newmark reported second-quarter revenue of $888.4 million, up 17% year over year and above analyst expectations, while EPS of $0.39 matched consensus. The company provided fiscal 2026 EPS guidance of $1.87–$1.98.
• The stock recently traded at $14.42, while analysts maintain a consensus “Buy” rating with an average price target of $20.30. Newmark also pays a quarterly dividend of $0.06, representing a 1.7% annualized yield.

Squarepoint Ops LLC cut its stake in shares of Newmark Group, Inc. (NASDAQ:NMRK - Free Report) by 26.5% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 351,713 shares of the company's stock after selling 127,090 shares during the period. Squarepoint Ops LLC owned about 0.19% of Newmark Group worth $5,314,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Arizona State Retirement System increased its stake in shares of Newmark Group by 2.8% during the second quarter. Arizona State Retirement System now owns 42,768 shares of the company's stock worth $646,000 after purchasing an additional 1,161 shares in the last quarter. Nykredit A S acquired a new position in shares of Newmark Group during the 2nd quarter worth about $41,000. Corient Private Wealth LP lifted its stake in Newmark Group by 16.8% in the 2nd quarter. Corient Private Wealth LP now owns 50,444 shares of the company's stock valued at $762,000 after buying an additional 7,247 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Newmark Group in the 2nd quarter valued at about $553,000. Finally, California State Teachers Retirement System boosted its holdings in Newmark Group by 1,404.2% in the 2nd quarter. California State Teachers Retirement System now owns 2,664,044 shares of the company's stock worth $40,254,000 after buying an additional 2,486,940 shares during the last quarter. 58.42% of the stock is owned by hedge funds and other institutional investors.

Newmark Group Stock Up 1.8%

NMRK stock opened at $14.42 on Friday. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The firm has a 50-day moving average of $15.30 and a two-hundred day moving average of $15.13. Newmark Group, Inc. has a 12 month low of $13.36 and a 12 month high of $19.83. The company has a market cap of $2.61 billion, a price-to-earnings ratio of 17.80 and a beta of 1.67.

Newmark Group (NASDAQ:NMRK - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. Newmark Group had a return on equity of 27.07% and a net margin of 4.11%.The business had revenue of $888.42 million for the quarter, compared to analysts' expectations of $865.24 million. During the same period in the previous year, the firm posted $0.31 EPS. The business's revenue for the quarter 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. As a group, analysts forecast that Newmark Group, Inc. will post 1.97 earnings per share for the current fiscal year.

Newmark Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were paid a $0.06 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.7%. Newmark Group's dividend payout ratio (DPR) is 29.63%.

Analyst Ratings Changes

NMRK has been the subject of several research reports. Piper Sandler reiterated an "overweight" rating and set a $19.00 price objective on shares of Newmark Group in a research note on Monday, June 29th. UBS Group set a $22.00 price target on Newmark Group in a research note on Monday, August 10th. Zacks Research upgraded Newmark Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. Barclays increased their price objective on Newmark Group from $19.00 to $20.00 and gave the company an "overweight" rating in a research note on Monday, August 17th. Finally, Wall Street Zen lowered Newmark Group from a "strong-buy" rating to a "buy" rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Newmark Group presently has a consensus rating of "Buy" and an average target price of $20.30.

Newmark Group Profile

Newmark Group, Inc is a commercial real estate services company that provides advisory, transaction, and property-related services to corporate, institutional, and private clients. Its activities include office and industrial leasing, investment sales, debt and equity placement, valuation, consulting, and corporate real estate advisory.

The company also offers property management, facilities management, project management, and other services intended to support the ownership, operation, and strategic planning of commercial real estate.

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