Millrose Properties, Inc. $MRP Shares Purchased by State of New Jersey Common Pension Fund D

07 May 2026, 05:25 by Renee Jackson · The Cerbat Gem

State of New Jersey Common Pension Fund D increased its holdings in shares of Millrose Properties, Inc. (NYSE:MRP – Free Report) by 37.2% in the fourth quarter, Holdings Channel reports. The firm owned 87,506 shares of the company’s stock after buying an additional 23,707 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Millrose Properties were worth $2,614,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Millrose Properties by 16.3% during the 4th quarter. Vanguard Group Inc. now owns 21,117,152 shares of the company’s stock worth $630,769,000 after purchasing an additional 2,960,066 shares during the last quarter. State Street Corp increased its position in shares of Millrose Properties by 8.7% during the 2nd quarter. State Street Corp now owns 4,173,660 shares of the company’s stock worth $118,991,000 after purchasing an additional 333,686 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Millrose Properties by 44.7% during the 3rd quarter. Wellington Management Group LLP now owns 2,939,771 shares of the company’s stock worth $98,806,000 after purchasing an additional 908,189 shares during the last quarter. Cannell & Spears LLC increased its position in shares of Millrose Properties by 1.0% during the 3rd quarter. Cannell & Spears LLC now owns 2,628,406 shares of the company’s stock worth $88,341,000 after purchasing an additional 25,151 shares during the last quarter. Finally, Blue Whale Capital LLP increased its position in shares of Millrose Properties by 89.1% during the 3rd quarter. Blue Whale Capital LLP now owns 2,267,144 shares of the company’s stock worth $76,199,000 after purchasing an additional 1,068,075 shares during the last quarter.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Millrose Properties in a research report on Thursday, January 22nd. Wall Street Zen raised Millrose Properties from a “hold” rating to a “buy” rating in a research report on Saturday, April 4th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Millrose Properties currently has an average rating of “Buy” and a consensus price target of $36.13.

Check Out Our Latest Research Report on MRP

Millrose Properties Stock Performance

Shares of MRP opened at $28.13 on Thursday. The stock has a 50-day simple moving average of $29.69 and a 200-day simple moving average of $30.47. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.35 and a current ratio of 0.35. The stock has a market capitalization of $4.67 billion, a PE ratio of 11.53 and a beta of 0.59. Millrose Properties, Inc. has a 1 year low of $25.22 and a 1 year high of $36.00.

Millrose Properties (NYSE:MRP – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.03). Millrose Properties had a return on equity of 6.90% and a net margin of 67.42%.The business had revenue of $194.93 million for the quarter. Millrose Properties’s revenue was up 135.7% on a year-over-year basis.

Millrose Properties Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, April 3rd were issued a $0.76 dividend. The ex-dividend date of this dividend was Thursday, April 2nd. This is an increase from Millrose Properties’s previous quarterly dividend of $0.75. This represents a $3.04 dividend on an annualized basis and a dividend yield of 10.8%. Millrose Properties’s dividend payout ratio is presently 124.59%.

Insider Activity

In related news, Director Matthew B. Gorson bought 1,000 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were acquired at an average price of $30.66 per share, with a total value of $30,660.00. Following the completion of the acquisition, the director owned 25,611 shares in the company, valued at approximately $785,233.26. This trade represents a 4.06% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.

Millrose Properties Profile

(Free Report)

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.