Assenagon Asset Management S.A. Has $27.82 Million Stock Position in Newmark Group, Inc. $NMRK

Assenagon Asset Management S.A. grew its holdings in Newmark Group, Inc. (NASDAQ:NMRK) by 319.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,604,326 shares of the company’s stock after acquiring an additional 1,222,069 shares during the quarter. Assenagon Asset Management S.A. owned 0.89% of Newmark Group worth $27,819,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Oliver Luxxe Assets LLC grew its position in shares of Newmark Group by 2.3% during the 4th quarter. Oliver Luxxe Assets LLC now owns 109,427 shares of the company’s stock worth $1,897,000 after purchasing an additional 2,477 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Newmark Group by 32.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,793,401 shares of the company’s stock worth $33,447,000 after acquiring an additional 435,646 shares during the period. CIBC Private Wealth Group LLC increased its stake in Newmark Group by 2,161.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,404 shares of the company’s stock worth $101,000 after acquiring an additional 5,165 shares during the period. CIBC Bancorp USA Inc. acquired a new position in Newmark Group in the 3rd quarter valued at $309,000. Finally, Advisory Services Network LLC bought a new stake in shares of Newmark Group during the 3rd quarter valued at $29,000. 58.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on NMRK shares. Keefe, Bruyette & Woods reduced their target price on Newmark Group from $22.00 to $18.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Barclays reduced their price objective 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. Citigroup restated a “market outperform” rating on shares of Newmark Group in a research report on Thursday, December 18th. Wall Street Zen downgraded shares of Newmark Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Newmark Group in a research note on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $17.80.

Newmark Group Stock Performance

Newmark Group stock opened at $15.04 on Thursday. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.39. The stock has a market cap of $2.77 billion, a PE ratio of 22.12 and a beta of 1.89. Newmark Group, Inc. has a 12-month low of $9.65 and a 12-month high of $19.83. The business’s 50-day moving average price is $15.60 and its two-hundred day moving average price is $17.01.

Newmark Group (NASDAQ:NMRK) last posted its earnings results on Wednesday, February 25th. The company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.03. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $998.86 million. Newmark Group had a net margin of 3.83% and a return on equity of 24.97%. The business’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.55 earnings per share. Newmark Group has set its FY 2026 guidance at 1.820-1.920 EPS. As a group, analysts expect that Newmark Group, Inc. will post 1.45 earnings per share for the current fiscal year.

Newmark Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be issued a dividend of $0.03 per share. The ex-dividend date is Friday, March 13th. This represents a $0.12 annualized dividend and a dividend yield of 0.8%. Newmark Group’s dividend payout ratio is 17.65%.

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.