Ancora Advisors LLC purchased a new position in Millrose Properties, Inc. (NYSE:MRP - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 126,714 shares of the company's stock, valued at approximately $3,359,000. Ancora Advisors LLC owned 0.08% of Millrose Properties at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the business. CENTRAL TRUST Co acquired a new stake in Millrose Properties in the 1st quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Millrose Properties during the 1st quarter valued at approximately $27,000. Summit Securities Group LLC acquired a new position in shares of Millrose Properties in the 1st quarter valued at $28,000. William B. Walkup & Associates Inc. acquired a new position in shares of Millrose Properties in the 1st quarter valued at $29,000. Finally, Assetmark Inc. acquired a new position in shares of Millrose Properties in the 1st quarter valued at $34,000.
Millrose Properties Price Performance
MRP stock traded up $0.09 during mid-day trading on Monday, hitting $34.30. 1,389,133 shares of the company were exchanged, compared to its average volume of 1,957,882. The business has a fifty day simple moving average of $31.49 and a 200-day simple moving average of $27.62. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.17. Millrose Properties, Inc. has a 12-month low of $19.00 and a 12-month high of $36.00.
Millrose Properties (NYSE:MRP - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.68 EPS for the quarter. The business had revenue of $149.00 million during the quarter.
Millrose Properties Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Thursday, July 3rd were issued a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 8.0%.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group boosted their target price on shares of Millrose Properties from $28.00 to $31.50 and gave the company a "buy" rating in a research note on Thursday, May 15th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $30.75.
Get Our Latest Stock Analysis on Millrose Properties
Millrose Properties Company Profile
(
Free Report)
Millrose Properties, Inc is a real estate investment and management company that focuses on acquiring, developing, and managing high-quality commercial properties. They are headquartered in Purchase, New York.
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