Knights of Columbus Asset Advisors LLC Makes New $1.12 Million Investment in Millrose Properties, Inc. $MRP

Knights of Columbus Asset Advisors LLC bought a new position in Millrose Properties, Inc. (NYSE:MRP) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 43,314 shares of the company’s stock, valued at approximately $1,125,000.

Several other hedge funds have also recently made changes to their positions in MRP. Cannell & Spears LLC lifted 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 bought a new stake in Millrose Properties during the second quarter worth approximately $54,348,000. Callodine Capital Management LP increased its stake in Millrose Properties by 110.8% during the first quarter. Callodine Capital Management LP now owns 762,392 shares of the company’s stock worth $21,347,000 after acquiring an additional 400,745 shares during the last quarter. Ancora Advisors LLC purchased a new stake in Millrose Properties during the second quarter valued at approximately $18,801,000. Finally, Hawk Ridge Capital Management LP raised its position in 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 purchasing an additional 11,100 shares during the period.

Millrose Properties Price Performance

MRP stock opened at $25.66 on Friday. Millrose Properties, Inc. has a 12 month low of $21.07 and a 12 month high of $32.60. 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 50-day moving average price of $25.97 and a 200 day moving average price of $28.53. The stock has a market cap of $3.96 billion, a PE ratio of 8.62 and a beta of 0.52.

Millrose Properties (NYSE:MRP) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.77 by $0.01. Millrose Properties had a net margin of 63.24% and a return on equity of 8.56%. The company had revenue of $211.00 million for the quarter. During the same quarter in the previous year, the company posted $0.74 earnings per share. The business’s revenue for the quarter was up 17.7% on a year-over-year basis.

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 given a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 12.3%. This is a boost from Millrose Properties’s previous quarterly dividend of $0.77. The ex-dividend date was Monday, October 5th. Millrose Properties’s dividend payout ratio (DPR) is presently 104.64%.

Key Headlines Impacting Millrose Properties

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

• Negative Sentiment: The lawsuit alleges that Millrose’s disclosures said it would have no tenants, but that the company later bought an estimated $200 million of finished Lennar homes to rent. The case covers investors who acquired MRP securities from February 7, 2025, through October 2, 2026. If the allegations gain traction, potential legal costs and questions about the company’s disclosures could weigh on investor sentiment. SueWallSt notice
• Neutral Sentiment: Investors have until December 8, 2026, to seek appointment as lead plaintiff. The repeated law-firm announcements are primarily reminders about the same pending case; the allegations have not been established in court. Kaplan Fox notice

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MRP. Citizens Jmp lowered Millrose Properties from an “outperform” rating to a “market perform” rating in a research note on Monday, October 5th. Citigroup cut Millrose Properties from a “buy” rating to a “hold” rating in a report on Monday, October 5th. Finally, Weiss Ratings raised Millrose Properties from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, November 2nd. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $35.00.

About Millrose Properties

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.