Millrose Properties, Inc. $MRP Shares Purchased by First Dallas Securities Inc.

10 Jun 2026, 10:07 by Michael Walen · The Markets Daily

First Dallas Securities Inc. lifted its stake in Millrose Properties, Inc. (NYSE:MRP – Free Report) by 21.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 112,389 shares of the company’s stock after purchasing an additional 20,090 shares during the quarter. Millrose Properties accounts for 1.2% of First Dallas Securities Inc.’s portfolio, making the stock its 20th largest position. First Dallas Securities Inc.’s holdings in Millrose Properties were worth $3,357,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new stake in Millrose Properties during the 4th quarter worth approximately $29,000. Smartleaf Asset Management LLC increased its stake in Millrose Properties by 55.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 997 shares of the company’s stock worth $34,000 after buying an additional 357 shares during the period. Root Financial Partners LLC increased its stake in Millrose Properties by 3,090.6% during the 4th quarter. Root Financial Partners LLC now owns 1,021 shares of the company’s stock worth $30,000 after buying an additional 989 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in Millrose Properties by 984.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,323 shares of the company’s stock worth $44,000 after buying an additional 1,201 shares during the period. Finally, NewEdge Advisors LLC purchased a new stake in Millrose Properties during the 1st quarter worth approximately $39,000.

Wall Street Analysts Forecast Growth

MRP has been the topic of several recent research reports. Weiss Ratings downgraded shares of Millrose Properties from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Wall Street Zen downgraded shares of Millrose Properties from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One research 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 data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $37.67.

View Our Latest Analysis on MRP

Millrose Properties Trading Up 1.5%

Shares of NYSE:MRP opened at $29.33 on Wednesday. Millrose Properties, Inc. has a 52 week low of $26.30 and a 52 week high of $36.00. The company’s 50 day moving average is $28.71 and its two-hundred day moving average is $29.77. 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 company has a market cap of $4.52 billion, a PE ratio of 10.51 and a beta of 0.40.

Millrose Properties (NYSE:MRP – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.03). Millrose Properties had a net margin of 64.96% and a return on equity of 7.90%. The firm had revenue of $194.93 million during the quarter. The company’s quarterly revenue was up 135.7% compared to the same quarter last year.

Millrose Properties Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Friday, April 3rd were given a $0.76 dividend. This is a positive change from Millrose Properties’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $3.04 dividend on an annualized basis and a dividend yield of 10.4%. Millrose Properties’s payout ratio is 108.96%.

Insiders Place Their Bets

In related news, insider Darren Richman bought 195,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of $27.31 per share, with a total value of $5,325,450.00. Following the transaction, the insider directly owned 416,000 shares of the company’s stock, valued at approximately $11,360,960. This represents a 88.24% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Matthew B. Gorson purchased 4,500 shares of the firm’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 in the company, valued at $963,820. This trade represents a 14.40% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 240,532 shares of company stock worth $6,567,048 over the last ninety days. Insiders own 0.23% of the company’s stock.

Millrose Properties Company 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.

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