State of Wyoming Purchases New Stake in Millrose Properties, Inc. $MRP

State of Wyoming acquired a new stake in Millrose Properties, Inc. (NYSE:MRP) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 28,667 shares of the company’s stock, valued at approximately $744,000.

Other hedge funds have also added to or reduced their stakes in the company. Peak Financial Advisors LLC acquired a new position in Millrose Properties during the third quarter valued at approximately $379,000. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in shares of Millrose Properties by 1,057.3% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 118,040 shares of the company’s stock valued at $3,065,000 after purchasing an additional 107,840 shares in the last quarter. Pinnacle Wealth Planning Services Inc. acquired a new stake in shares of Millrose Properties in the 3rd quarter valued at $97,000. Asset Management One Co. Ltd. boosted its holdings in shares of Millrose Properties by 3.9% in the 3rd quarter. Asset Management One Co. Ltd. now owns 237,507 shares of the company’s stock valued at $6,168,000 after purchasing an additional 8,925 shares in the last quarter. Finally, Samalin Investment Counsel LLC increased its stake in shares of Millrose Properties by 11.5% in the 3rd quarter. Samalin Investment Counsel LLC now owns 18,494 shares of the company’s stock valued at $480,000 after purchasing an additional 1,911 shares during the last quarter.

Analyst Ratings Changes

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

Insiders Place Their Bets

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

Millrose Properties Trading Down 2.0%

MRP opened at $25.58 on Friday. The company has a market cap of $3.95 billion, a P/E ratio of 8.47 and a beta of 0.53. 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’s 50 day moving average is $26.75 and its 200-day moving average is $28.72. Millrose Properties, Inc. has a 1-year low of $21.07 and a 1-year high of $32.60.

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

Millrose Properties Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Monday, October 5th were given a $0.79 dividend. This is an increase from Millrose Properties’s previous quarterly dividend of $0.77. This represents a $3.16 dividend on an annualized basis and a yield of 12.4%. The ex-dividend date was Monday, October 5th. Millrose Properties’s dividend payout ratio (DPR) is 104.64%.

Key Stories Impacting Millrose Properties

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

• Positive Sentiment: Millrose’s recent quarterly results provide a counterpoint to the legal concerns: the company reported $0.78 in EPS, slightly above the $0.77 consensus estimate, while revenue rose 17.7% year over year to $211 million. Earnings per share also increased from $0.74 in the prior-year quarter.
• Neutral Sentiment: Several law firms are competing to represent investors in the same securities class action, reminding shareholders who purchased Millrose securities between February 7, 2025, and October 2, 2026, that the lead-plaintiff deadline is December 8, 2026. The notices do not represent separate confirmed judgments against the company. Kaplan Fox class action notice
• Negative Sentiment: The lawsuit alleges Millrose violated federal securities laws by making misleading statements about its land-bank strategy, including claims that it would have no tenants, while allegedly purchasing approximately $200 million of finished homes intended for rental. If the allegations lead to damages, settlements, or additional disclosures, investors could face greater uncertainty over the company’s strategy, governance, and financial liabilities. Millrose investor alert
• Negative Sentiment: The concentration of announcements from Rosen, Kaplan Fox, Robbins Geller, Pomerantz, and other firms keeps the litigation risk prominent in the market. The case is pending in the U.S. District Court for the Southern District of Florida, and the allegations have not been proven. Rosen Millrose class action notice

Millrose Properties 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.