Millrose Properties, Inc. $MRP Shares Newly Acquired by Tred Avon Family Wealth LLC

Tred Avon Family Wealth LLC bought a new position in shares of Millrose Properties, Inc. (NYSE:MRP) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 39,213 shares of the company’s stock, valued at approximately $1,018,000.

Several other hedge funds have also recently modified their holdings of MRP. Cannell & Spears LLC lifted its stake in Millrose Properties by 1.4% in the 1st quarter. Cannell & Spears LLC now owns 3,677,754 shares of the company’s stock valued at $102,723,000 after buying an additional 49,702 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Millrose Properties during the 2nd quarter worth approximately $54,348,000. Callodine Capital Management LP increased its stake in Millrose Properties by 110.8% during the 1st quarter. Callodine Capital Management LP now owns 762,392 shares of the company’s stock worth $21,347,000 after buying an additional 400,745 shares in the last quarter. Hawk Ridge Capital Management LP raised its holdings in shares of Millrose Properties by 1.7% during the first quarter. Hawk Ridge Capital Management LP now owns 669,109 shares of the company’s stock valued at $18,735,000 after acquiring an additional 11,100 shares during the last quarter. Finally, Ancora Advisors LLC acquired a new position in shares of Millrose Properties during the second quarter valued at approximately $18,801,000.

Millrose Properties Price Performance

Shares of NYSE MRP opened at $21.97 on Tuesday. The firm has a 50-day simple moving average of $27.83 and a 200-day simple moving average of $28.47. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 7.66 and a beta of 0.53. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.42. Millrose Properties, Inc. has a 52 week low of $21.07 and a 52 week high of $33.49.

Millrose Properties (NYSE:MRP) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.01. The firm had revenue of $196.85 million for the quarter. Millrose Properties had a net margin of 62.60% and a return on equity of 8.13%.

Millrose Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Monday, October 5th were paid a $0.79 dividend. This is a positive change from Millrose Properties’s previous quarterly dividend of $0.77. The ex-dividend date of this dividend was Monday, October 5th. This represents a $3.16 dividend on an annualized basis and a yield of 14.4%. Millrose Properties’s dividend payout ratio is 110.10%.

More Millrose Properties News

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

• Negative Sentiment: Class action alleges misleading disclosures. Multiple law firms, including Kaplan Fox, Rosen and Frank R. Cruz, say a lawsuit covers investors who purchased Millrose securities from February 7, 2025, through October 2, 2026. The complaint reportedly alleges that Millrose made misleading statements or omissions in its public filings. Lead-plaintiff motions are due December 8, 2026. Kaplan Fox class action announcement
• Negative Sentiment: Allegations center on approximately $200 million of Lennar homes. An investor notice cites an October 2 Hunterbrook Media report alleging that Millrose purchased finished homes from Lennar and rented them at an apparent loss. Another notice says the company’s CEO and CFO had signed SEC filings indicating there were no tenants before the purchases, raising questions about disclosure accuracy and potential management liability. Moore Law investor notice
• Negative Sentiment: Legal and reputational risks are weighing on the investment case. Block & Leviton and other firms are investigating potential securities-law violations, while repeated notices encourage investors with losses to join or lead the case. The allegations have not been proven, but the litigation could create legal costs, management distraction and uncertainty around Millrose’s business model and financial disclosures. Block and Leviton investigation announcement

Analyst Upgrades and Downgrades

MRP has been the topic of several research reports. Weiss Ratings downgraded Millrose Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, October 14th. Citigroup cut Millrose Properties from a “buy” rating to a “hold” rating in a research report on Monday, October 5th. Finally, Citizens Jmp reissued a “market perform” rating on shares of Millrose Properties in a research note on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Millrose Properties currently has a consensus rating of “Moderate Buy” and an average target price of $36.50.

Insider Buying and Selling

In related news, Director Matthew B. Gorson acquired 3,000 shares of Millrose Properties stock in a transaction that occurred on Monday, August 10th. The shares were purchased at an average price of $28.80 per share, for a total transaction of $86,400.00. Following the completion of the transaction, the director owned 38,750 shares in the company, valued at $1,116,000. This represents a 8.39% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Carlos A. Migoya acquired 1,000 shares of Millrose Properties stock in a transaction that occurred on Friday, August 7th. The shares were bought at an average price of $29.18 per share, for a total transaction of $29,180.00. Following the transaction, the director owned 30,075 shares of the company’s stock, valued at $877,588.50. This represents a 3.44% increase in their position. The SEC filing for this purchase provides additional information. Company 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.