Jacobs Levy Equity Management Inc. Buys Shares of 294,797 Millrose Properties, Inc. $MRP

Jacobs Levy Equity Management Inc. bought a new position in shares of Millrose Properties, Inc. (NYSE:MRP - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 294,797 shares of the company's stock, valued at approximately $7,815,000. Jacobs Levy Equity Management Inc. owned about 0.18% of Millrose Properties as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of MRP. CENTRAL TRUST Co bought a new position in Millrose Properties during the first quarter valued at $27,000. Northwestern Mutual Wealth Management Co. bought a new position in Millrose Properties during the first quarter valued at $27,000. Summit Securities Group LLC bought a new position in Millrose Properties during the first quarter valued at $28,000. William B. Walkup & Associates Inc. bought a new position in Millrose Properties during the first quarter valued at $29,000. Finally, Allworth Financial LP bought a new position in Millrose Properties during the first quarter valued at $33,000.

Millrose Properties Price Performance

MRP stock traded down $0.21 during trading on Friday, hitting $34.63. 813,300 shares of the company's stock traded hands, compared to its average volume of 1,031,480. Millrose Properties, Inc. has a 52 week low of $19.00 and a 52 week high of $36.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.06 and a quick ratio of 0.06. The business has a fifty day simple moving average of $32.12 and a 200 day simple moving average of $27.97.

Millrose Properties (NYSE:MRP - Get Free Report) last released 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 for the quarter.

Millrose Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Thursday, July 3rd were paid a $0.69 dividend. This represents a $2.76 annualized dividend and a dividend yield of 8.0%.

Millrose Properties Profile

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.