Millrose Properties, Inc. $MRP Stock Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of Millrose Properties, Inc. (NYSE:MRP) by 1,057.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 118,040 shares of the company’s stock after purchasing an additional 107,840 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Millrose Properties were worth $3,065,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HB Wealth Management LLC boosted its holdings in shares of Millrose Properties by 3.9% during the 1st quarter. HB Wealth Management LLC now owns 10,834 shares of the company’s stock worth $303,000 after buying an additional 403 shares during the period. Unison Advisors LLC grew its stake in Millrose Properties by 2.3% in the 1st quarter. Unison Advisors LLC now owns 22,123 shares of the company’s stock valued at $619,000 after buying an additional 503 shares during the last quarter. Allworth Financial LP raised its holdings in Millrose Properties by 11.6% in the 2nd quarter. Allworth Financial LP now owns 5,249 shares of the company’s stock valued at $158,000 after acquiring an additional 545 shares during the period. Cetera Investment Advisers raised its holdings in Millrose Properties by 6.2% in the 1st quarter. Cetera Investment Advisers now owns 9,929 shares of the company’s stock valued at $278,000 after acquiring an additional 579 shares during the period. Finally, Parkside Financial Bank & Trust raised its holdings in Millrose Properties by 42.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 2,723 shares of the company’s stock valued at $82,000 after acquiring an additional 810 shares during the period.

Analyst Upgrades and Downgrades

MRP has been the subject of a number of research analyst reports. Citizens Jmp cut Millrose Properties from an “outperform” rating to a “market perform” rating in a report on Monday, October 5th. Citigroup downgraded Millrose Properties from a “buy” rating to a “hold” rating in a research report on Monday, October 5th. Finally, Weiss Ratings lowered Millrose Properties from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Millrose Properties presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.00.

Millrose Properties Stock Performance

Shares of Millrose Properties stock opened at $26.80 on Tuesday. The company has a 50 day moving average of $26.68 and a 200-day moving average of $28.71. Millrose Properties, Inc. has a 1-year low of $21.07 and a 1-year high of $32.60. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.53. The company has a market cap of $4.13 billion, a PE ratio of 8.88 and a beta of 0.53.

Millrose Properties (NYSE:MRP) last issued its earnings results on Tuesday, October 27th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.01. The firm had revenue of $211.00 million for the quarter. Millrose Properties had a return on equity of 8.56% and a net margin of 63.24%. The company’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.74 EPS.

Millrose Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Monday, October 5th were paid a $0.79 dividend. This is an increase from Millrose Properties’s previous quarterly dividend of $0.77. This represents a $3.16 annualized dividend and a dividend yield of 11.8%. The ex-dividend date of this dividend was Monday, October 5th. Millrose Properties’s payout ratio is currently 104.64%.

More Millrose Properties News

Here are the key news stories impacting Millrose Properties this week:

• Positive Sentiment: Millrose’s earnings call highlighted ongoing growth opportunities despite pressure in the housing market. The company previously reported quarterly earnings of $0.78 per share, slightly above the $0.77 consensus estimate, while revenue increased 17.7% year over year to $211 million. Millrose Properties Earnings Call Signals Growth Amid Housing Pressure
• Neutral Sentiment: Several law firms announced the same securities class action against Millrose Properties on behalf of investors who purchased shares between February 7, 2025, and October 2, 2026. The December 8, 2026 deadline is for investors to seek appointment as lead plaintiff; the announcements do not establish liability or guarantee investor recovery. Kaplan Fox Millrose Class Action Deadline
• Negative Sentiment: The litigation alleges that Millrose made misleading statements concerning its business and transactions with former parent Lennar, including claims that homes were purchased through non-arm’s-length agreements that helped Lennar meet a quarterly delivery target. If the allegations advance, potential legal costs, damages, and scrutiny of related-party transactions could create additional uncertainty for MRP investors. Millrose Shareholder Alert Regarding Lennar Allegations

Insider Activity at Millrose Properties

In related news, Director Carlos A. Migoya purchased 1,000 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was bought at an average price of $29.18 per share, with a total value of $29,180.00. Following the completion of the purchase, the director owned 30,075 shares in the company, valued at approximately $877,588.50. This represents a 3.44% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Matthew B. Gorson bought 3,000 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were purchased at an average cost of $28.80 per share, with a total value of $86,400.00. Following the transaction, the director directly owned 38,750 shares in the company, valued at approximately $1,116,000. This trade represents a 8.39% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.23% of the company’s stock.

Millrose Properties Company Profile

Millrose Properties, Inc is a residential land acquisition and development company focused on providing finished residential lots to homebuilders. Its business involves acquiring land, securing necessary entitlements, and completing infrastructure and other improvements needed to prepare properties for home construction.

The company generally operates through land-banking arrangements and related development agreements with homebuilders. Millrose may own or control land during the development process and subsequently sell finished lots to builders, helping homebuilders access development-ready sites while reducing the time and capital required for land preparation.

Millrose was established in connection with Lennar Corporation’s separation of its residential land and lot development operations and began trading as an independent public company in 2025.