GSA Capital Partners LLP Acquires Shares of 38,140 Millrose Properties, Inc. $MRP

GSA Capital Partners LLP acquired a new stake in Millrose Properties, Inc. (NYSE:MRP) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 38,140 shares of the company’s stock, valued at approximately $1,139,000.

A number of other hedge funds have also recently bought and sold shares of MRP. Sound Income Strategies LLC acquired a new position in shares of Millrose Properties in the 4th quarter valued at $29,000. Smartleaf Asset Management LLC lifted its stake in shares of Millrose Properties by 55.8% in the 3rd quarter. Smartleaf Asset Management LLC now owns 997 shares of the company’s stock valued at $34,000 after purchasing an additional 357 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Millrose Properties by 984.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,323 shares of the company’s stock valued at $44,000 after purchasing an additional 1,201 shares during the period. NewEdge Advisors LLC acquired a new position in shares of Millrose Properties in the 1st quarter valued at $39,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of Millrose Properties by 33.8% in the 4th quarter. Farther Finance Advisors LLC now owns 1,503 shares of the company’s stock valued at $45,000 after purchasing an additional 380 shares during the period.

Insider Buying and Selling at Millrose Properties

In other Millrose Properties news, Director Matthew B. Gorson acquired 4,500 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average price of $26.96 per share, with a total value of $121,320.00. Following the purchase, the director owned 35,750 shares of the company’s stock, valued at $963,820. This represents a 14.40% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Darren Richman acquired 40,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of $27.31 per share, for a total transaction of $1,092,400.00. Following the purchase, the insider directly owned 84,000 shares in the company, valued at $2,294,040. This trade represents a 90.91% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 241,532 shares of company stock worth $6,597,708 in the last ninety days. 0.23% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Weiss Ratings downgraded Millrose Properties from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Wall Street Zen downgraded Millrose Properties from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $37.67.

Millrose Properties Stock Performance

Shares of Millrose Properties stock opened at $27.48 on Friday. The company has a market capitalization of $4.24 billion, a PE ratio of 9.85 and a beta of 0.59. Millrose Properties, Inc. has a 12 month low of $26.30 and a 12 month high of $36.00. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.41. The stock’s fifty day simple moving average is $28.89 and its 200 day simple moving average is $30.04.

Millrose Properties (NYSE:MRP) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.74 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.03). The business had revenue of $194.93 million for the quarter. Millrose Properties had a return on equity of 7.90% and a net margin of 64.96%.The business’s quarterly revenue was up 135.7% on a year-over-year basis.

Millrose Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Friday, April 3rd were paid a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a yield of 11.1%. The ex-dividend date of this dividend was Thursday, April 2nd. This is a boost from Millrose Properties’s previous quarterly dividend of $0.75. Millrose Properties’s dividend payout ratio (DPR) is 108.96%.

About Millrose Properties

Millrose Properties Corp is a publicly traded real estate investment trust that focuses on the acquisition, ownership and development of industrial and logistics properties. The company seeks to capitalize on the growing demand for modern warehouse facilities driven by e-commerce, freight distribution and last-mile delivery requirements. Millrose structures its investments to generate stable, long-term rental income through diversified lease agreements with industrial and logistics operators.

The firm’s core activities include sourcing strategically located industrial assets, overseeing property management operations and executing targeted development or renovation projects.