28,403 Shares in Millrose Properties, Inc. $MRP Bought by Wavvest Wealth LLC

Wavvest Wealth LLC purchased a new stake in Millrose Properties, Inc. (NYSE:MRP) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 28,403 shares of the company’s stock, valued at approximately $738,000.

Other institutional investors also recently made changes to their positions in the company. HB Wealth Management LLC increased 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 last quarter. Unison Advisors LLC raised its position in shares of Millrose Properties by 2.3% in the 1st quarter. Unison Advisors LLC now owns 22,123 shares of the company’s stock worth $619,000 after buying an additional 503 shares during the period. Allworth Financial LP boosted its holdings in Millrose Properties by 11.6% in the second 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 last quarter. Cetera Investment Advisers boosted its holdings in Millrose Properties by 6.2% in the first 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 last quarter. Finally, Peak Financial Advisors LLC boosted its holdings in Millrose Properties by 5.3% in the first quarter. Peak Financial Advisors LLC now owns 14,343 shares of the company’s stock valued at $402,000 after acquiring an additional 722 shares during the last quarter.

Key Stories Impacting Millrose Properties

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

• Negative Sentiment: The complaints allege that Millrose misled investors between February 7, 2025, and October 2, 2026, about its business strategy and financial prospects. Attorneys claim the company publicly emphasized a land-banking, no-tenant model while shifting toward purchasing finished Lennar homes for rental operations. MRP Shareholder Alert: Millrose Properties, Inc. Securities Class Action Lawsuit
• Negative Sentiment: One central allegation is that Millrose bought Lennar homes at premium prices and that rental returns may be below the company’s borrowing costs. If proven, this could pressure profitability, cash flow and the valuation of the homesite platform spun off from Lennar. The allegations have not been proven in court. SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline
• Negative Sentiment: Multiple firms—including Robbins LLP, Kaplan Fox, Glancy Prongay Wolke & Rotter, Rosen Law Firm and others—are soliciting investors to participate in the case. Although these releases largely repeat the same allegations rather than introduce new operating data, their volume increases visibility around Millrose’s disclosure and strategy risks. Robbins LLP Urges Millrose Investors to Contact the Firm
• Neutral Sentiment: Investors who purchased MRP securities during the stated class period may seek appointment as lead plaintiff by December 8, 2026. This is a procedural deadline and does not establish liability or guarantee recovery.

Wall Street Analyst Weigh In

Several brokerages have commented on MRP. Weiss Ratings lowered Millrose Properties from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, October 14th. Citigroup downgraded Millrose Properties from a “buy” rating to a “hold” rating in a report on Monday, October 5th. Finally, Citizens Jmp reaffirmed a “market perform” rating on shares of Millrose Properties in a research note on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $36.50.

Insider Buying and Selling at Millrose Properties

In other Millrose Properties news, Director Carlos Migoya bought 1,000 shares of Millrose Properties stock in a transaction that occurred on Friday, August 7th. The shares were acquired at an average price of $29.18 per share, for a total transaction of $29,180.00. Following the acquisition, the director owned 30,075 shares of the company’s stock, valued at $877,588.50. The trade was a 3.44% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Matthew Gorson purchased 3,000 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average cost of $28.80 per share, with a total value 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 trade represents a 8.39% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.23% of the company’s stock.

Millrose Properties Trading Down 1.4%

Shares of MRP stock opened at $23.12 on Thursday. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of 8.06 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 fifty-two week low of $21.07 and a fifty-two week high of $33.49. The firm’s 50 day moving average price is $27.57 and its two-hundred day moving average price is $28.40.

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

Millrose Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Monday, October 5th were paid a $0.79 dividend. The ex-dividend date of this dividend was Monday, October 5th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 13.7%. This is a boost from Millrose Properties’s previous quarterly dividend of $0.77. Millrose Properties’s payout ratio is 110.10%.

About Millrose Properties

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.