Millrose Properties, Inc. $MRP Position Lowered by State of Alaska Department of Revenue

State of Alaska Department of Revenue cut its position in Millrose Properties, Inc. (NYSE:MRP) by 22.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 118,127 shares of the company’s stock after selling 33,356 shares during the quarter. State of Alaska Department of Revenue’s holdings in Millrose Properties were worth $3,065,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Curated Wealth Partners LLC acquired a new stake in shares of Millrose Properties during the 3rd quarter worth approximately $207,000. Fortitude Family Office LLC bought a new position in Millrose Properties in the third quarter valued at approximately $51,000. Columbus Macro LLC bought a new position in Millrose Properties in the third quarter valued at approximately $9,937,000. Armstrong Advisory Group Inc. acquired a new position in Millrose Properties during the third quarter valued at approximately $49,000. Finally, GAMMA Investing LLC acquired a new position in Millrose Properties during the third quarter valued at approximately $178,000.

Insider Buying and Selling

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

Analyst Ratings Changes

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

Millrose Properties Stock Up 1.2%

Shares of NYSE MRP opened at $22.48 on Friday. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.42. The company has a market cap of $3.47 billion, a price-to-earnings ratio of 7.83 and a beta of 0.53. Millrose Properties, Inc. has a 12 month low of $21.07 and a 12 month high of $33.49. The stock has a 50-day moving average price of $27.97 and a two-hundred day moving average price of $28.51.

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

Millrose Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Monday, October 5th were given a dividend of $0.79 per share. The ex-dividend date was Monday, October 5th. This represents a $3.16 dividend on an annualized basis and a yield of 14.1%. This is a positive change from Millrose Properties’s previous quarterly dividend of $0.77. Millrose Properties’s dividend payout ratio is currently 110.10%.

Key Headlines Impacting Millrose Properties

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

• Negative Sentiment: Several law firms announced or reiterated a class action lawsuit against Millrose on behalf of investors who purchased the company’s securities between February 7, 2025, and October 2, 2026. The complaint allegedly claims that Millrose misled investors about its business prospects, including whether it intended to enter lease agreements. Robbins LLP MRP class action reminder
• Negative Sentiment: The repeated notices emphasize a December 8, 2026 deadline for investors to seek appointment as lead plaintiff. Although the announcements largely repeat the same underlying lawsuit rather than disclose a new operational development, their volume keeps legal uncertainty surrounding MRP in focus and may weigh on investor sentiment. Bronstein Gewirtz & Grossman shareholder alert

Millrose Properties Profile

Millrose Properties, Inc is a residential land development company that provides land-banking solutions for homebuilders. The company acquires and develops residential land, funds the installation of infrastructure, and delivers finished lots that can be used for the construction of single-family homes.

Millrose works with homebuilding partners under arrangements designed to separate the ownership and development of land from the homebuilding process. Its activities may include acquiring raw or partially developed land, obtaining entitlements, coordinating site development, and selling completed lots to homebuilders.

The company was established as a publicly traded business in 2025 and focuses on residential growth markets in the United States.