Millrose Properties, Inc. $MRP Stock Holdings Increased by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP grew its holdings in shares of Millrose Properties, Inc. (NYSE:MRP) by 913.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,693 shares of the company’s stock after buying an additional 43,890 shares during the period. Fulcrum Asset Management LLP’s holdings in Millrose Properties were worth $1,291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Cannell & Spears LLC increased its holdings in shares of 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 acquiring an additional 49,702 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in Millrose Properties in the second quarter valued at approximately $54,348,000. Callodine Capital Management LP boosted its holdings in Millrose Properties by 110.8% in the first quarter. Callodine Capital Management LP now owns 762,392 shares of the company’s stock valued at $21,347,000 after purchasing an additional 400,745 shares in the last quarter. Ancora Advisors LLC purchased a new position in Millrose Properties in the second quarter valued at approximately $18,801,000. Finally, Hawk Ridge Capital Management LP increased its stake in Millrose Properties by 1.7% in the first quarter. Hawk Ridge Capital Management LP now owns 669,109 shares of the company’s stock valued at $18,735,000 after purchasing an additional 11,100 shares during the last quarter.

Wall Street Analysts Forecast Growth

MRP has been the subject of several recent analyst reports. Weiss Ratings upgraded shares of Millrose Properties from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, November 2nd. Citigroup downgraded shares of Millrose Properties from a “buy” rating to a “hold” rating in a research report on Monday, October 5th. Finally, Citizens Jmp lowered shares of Millrose Properties from an “outperform” rating to a “market perform” rating in a research note on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

Trending Headlines about Millrose Properties

These are some of the MRP headlines that stood out recently:

• Negative Sentiment: The lawsuit alleges Millrose told investors it would have no tenants, but later bought an estimated $200 million in finished homes from Lennar to rent out, and failed to disclose material adverse information. The case covers investors who bought shares from February 7, 2025, through October 2, 2026; investors have until December 8, 2026, to seek lead-plaintiff status. Read the article

Millrose Properties Price Performance

MRP stock opened at $26.03 on Thursday. 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 capitalization of $4.01 billion, a P/E ratio of 8.65 and a beta of 0.52. The business has a 50 day simple moving average of $26.07 and a 200-day simple moving average of $28.55. Millrose Properties, Inc. has a twelve month low of $21.07 and a twelve month high of $32.60.

Millrose Properties (NYSE:MRP) last announced its earnings results on Tuesday, October 27th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.01. The business had revenue of $211.00 million for the quarter. Millrose Properties had a net margin of 63.24% and a return on equity of 8.56%. The business’s revenue was up 17.7% compared to the same quarter last year. During the same period in the previous year, the firm 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 issued a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 12.1%. This is a boost from Millrose Properties’s previous quarterly dividend of $0.77. The ex-dividend date of this dividend was Monday, October 5th. Millrose Properties’s dividend payout ratio is 104.64%.

Millrose Properties Profile

Millrose Properties, Inc. is a residential land development and homesite company. It acquires and develops land into finished lots, which it makes available to homebuilders through lot option arrangements. The company does not build or sell homes to consumers. Millrose operates in the United States and serves homebuilders across multiple residential markets. Its business model is designed to provide builders with access to ready-to-build lots while managing the land acquisition and development process.