Millrose Properties, Inc. $MRP Shares Newly Bought by Columbus Macro LLC

Key Points

• Columbus Macro LLC acquired 382,625 Millrose Properties shares worth approximately $9.94 million, representing a 0.25% stake. Several other institutional investors also increased their holdings or initiated positions.
• MRP shares fell 5.4% to $21.18 amid securities-fraud litigation allegations involving the company’s rental-home business and transactions with former parent Lennar. Analysts have mostly maintained or moved to “hold” ratings, despite a consensus price target of $36.50.
• Millrose reported quarterly EPS of $0.76, slightly beating estimates, and raised its quarterly dividend to $0.79, implying a 14.9% annualized yield. However, the payout ratio is high at 110.1%.

Columbus Macro LLC bought a new stake in shares of Millrose Properties, Inc. (NYSE:MRP - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 382,625 shares of the company's stock, valued at approximately $9,937,000. Columbus Macro LLC owned 0.25% of Millrose Properties at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cannell & Spears LLC increased its stake in Millrose Properties by 1.4% in the 1st quarter. Cannell & Spears LLC now owns 3,677,754 shares of the company's stock worth $102,723,000 after purchasing an additional 49,702 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Millrose Properties during the second quarter valued at approximately $54,348,000. Moore Capital Management LP grew its holdings in shares of Millrose Properties by 275.0% in the fourth quarter. Moore Capital Management LP now owns 1,018,533 shares of the company's stock worth $30,424,000 after purchasing an additional 746,923 shares during the last quarter. ExodusPoint Capital Management LP increased its stake in shares of Millrose Properties by 1,006.1% in the fourth quarter. ExodusPoint Capital Management LP now owns 819,797 shares of the company's stock worth $24,487,000 after buying an additional 745,684 shares during the period. Finally, Callodine Capital Management LP raised its holdings in Millrose Properties by 110.8% during the 1st quarter. Callodine Capital Management LP now owns 762,392 shares of the company's stock valued at $21,347,000 after buying an additional 400,745 shares during the last quarter.

Millrose Properties News Roundup

Here are the key news stories impacting Millrose Properties this week:

• Positive Sentiment: An analyst upgrade argued that concerns about Millrose’s build-to-rent business are “dramatically overdone,” suggesting the company’s rental-home strategy and long-term fundamentals may be stronger than recent market sentiment implies. Millrose Properties: Buy-To-Rent Fears Are Dramatically Overdone
• Neutral Sentiment: Investors who purchased or acquired MRP securities between February 7, 2025, and October 2, 2026, may seek appointment as lead plaintiff in the pending class action. The deadline to file a lead-plaintiff motion is December 8, 2026; the deadline itself does not determine the merits of the allegations. Portnoy Law Firm Announces Millrose Class Action
• Negative Sentiment: Several law firms announced or promoted securities-fraud litigation against Millrose, alleging that the company and certain executives made false or misleading statements. The repeated announcements increase reputational, legal-cost, settlement, and potential damages risks for shareholders. Rosen Millrose Securities Class Action Announcement
• Negative Sentiment: The allegations reportedly focus on an undisclosed rental-home business and Millrose’s transactions with former parent Lennar, including claims that homes were acquired through non-arm’s-length agreements that helped Lennar meet a quarterly delivery target. One law firm linked the disclosures to an approximately 8.5% stock decline. Millrose Shareholder Alert Regarding Lennar Representations

Millrose Properties Trading Down 5.4%

Shares of MRP stock traded down $1.21 during trading hours on Wednesday, reaching $21.18. The company's stock had a trading volume of 4,937,817 shares, compared to its average volume of 1,640,949. The stock has a market capitalization of $3.27 billion, a P/E ratio of 7.38 and a beta of 0.53. Millrose Properties, Inc. has a one year low of $21.07 and a one year high of $33.49. The firm's fifty day simple moving average is $28.39 and its 200 day simple moving average is $28.64. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.42.

Millrose Properties (NYSE:MRP - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.01. The business had revenue of $196.85 million for the quarter. Millrose Properties had a net margin of 62.60% and a return on equity of 8.13%.

Millrose Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, October 5th will be issued a $0.79 dividend. This is a boost from Millrose Properties's previous quarterly dividend of $0.77. The ex-dividend date is Monday, October 5th. This represents a $3.16 annualized dividend and a yield of 14.9%. Millrose Properties's dividend payout ratio (DPR) is currently 110.10%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on MRP shares. Citizens Jmp reissued a "market perform" rating on shares of Millrose Properties in a research report on Monday, October 5th. Citigroup cut shares of Millrose Properties from a "buy" rating to a "hold" rating in a research report on Monday, October 5th. Finally, Weiss Ratings cut shares of Millrose Properties from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $36.50.

Insider Activity

In related news, Director Carlos A. Migoya bought 1,000 shares of the business's stock in a transaction dated Friday, August 7th. The shares were purchased at an average price of $29.18 per share, with a total value of $29,180.00. Following the purchase, the director owned 30,075 shares of the company's stock, valued at approximately $877,588.50. This trade represents a 3.44% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Matthew B. Gorson purchased 3,000 shares of Millrose Properties stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average price of $28.80 per share, for a total transaction of $86,400.00. Following the transaction, the director directly owned 38,750 shares of the company's stock, valued at $1,116,000. This trade represents a 8.39% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.23% of the company's stock.

About Millrose Properties

Millrose Properties, Inc is a residential land development company that provides land-banking solutions for homebuilders. The company acquires and develops residential land, funds the installation of infrastructure, and delivers finished lots that can be used for the construction of single-family homes.

Millrose works with homebuilding partners under arrangements designed to separate the ownership and development of land from the homebuilding process. Its activities may include acquiring raw or partially developed land, obtaining entitlements, coordinating site development, and selling completed lots to homebuilders.

The company was established as a publicly traded business in 2025 and focuses on residential growth markets in the United States.

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