State of Alaska Department of Revenue Sells 33,356 Shares of Millrose Properties, Inc. $MRP

State of Alaska Department of Revenue lowered its position in shares of Millrose Properties, Inc. (NYSE:MRP) by 22.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 118,127 shares of the company’s stock after selling 33,356 shares during the period. State of Alaska Department of Revenue owned 0.08% of Millrose Properties worth $3,065,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Curated Wealth Partners LLC bought a new stake in Millrose Properties in the 3rd quarter valued at $207,000. Fortitude Family Office LLC acquired a new position in Millrose Properties in the 3rd quarter valued at $51,000. Columbus Macro LLC acquired a new position in Millrose Properties in the 3rd quarter valued at $9,937,000. Armstrong Advisory Group Inc. bought a new position in Millrose Properties during the 3rd quarter worth $49,000. Finally, GAMMA Investing LLC bought a new position in Millrose Properties during the 3rd quarter worth $178,000.

Analyst Ratings Changes

MRP has been the subject of a number of research reports. Citizens Jmp reissued a “market perform” rating on shares of Millrose Properties in a report on Monday, October 5th. Weiss Ratings cut shares of Millrose Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday. Finally, Citigroup downgraded shares of 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 issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $36.50.

Millrose Properties News Roundup

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

Insiders Place Their Bets

In related news, Director Matthew Gorson acquired 3,000 shares of the company’s stock in a transaction on Monday, August 10th. The stock was purchased at an average cost of $28.80 per share, with a total value of $86,400.00. Following the acquisition, the director directly owned 38,750 shares of the company’s stock, valued at approximately $1,116,000. The trade was a 8.39% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Carlos Migoya acquired 1,000 shares of the company’s stock in a transaction on Friday, August 7th. The stock was bought at an average cost of $29.18 per share, with a total value of $29,180.00. Following the completion of the acquisition, the director directly owned 30,075 shares in the company, valued at approximately $877,588.50. This represents a 3.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.23% of the stock is owned by company insiders.

Millrose Properties Stock Up 1.2%

Shares of MRP opened at $22.48 on Friday. Millrose Properties, Inc. has a 12 month low of $21.07 and a 12 month high of $33.49. The firm’s 50 day moving average is $27.97 and its 200-day moving average is $28.51. The stock has a market capitalization of $3.47 billion, a PE ratio of 7.83 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 0.42.

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

Millrose Properties Increases Dividend

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

About Millrose Properties

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.